Form 4: Flotek Industries Director Matthew Wilks Reports Stock Purchases

Matthew Wilks, a director at Flotek Industries, reported purchasing shares of Class A common stock through indirect holdings.

Summary

• On May 14, 2025, Matthew Wilks indirectly acquired 13,040 shares of Flotek Industries Class A common stock at a weighted average price of $14.1495 per share.
• These shares were purchased in multiple transactions with prices ranging from $14.14 to $14.15 per share.
• On May 15, 2025, Wilks indirectly acquired an additional 402 shares at $14.99 per share.
• Following these transactions, Wilks indirectly holds 157,792 shares through THRC Holdings, LP and 60,000 shares through JCMWZ, LLC.
• Wilks disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock purchases by a director. It doesn't inherently convey positive or negative sentiment, but the purchase itself could be seen as a mildly positive signal.

Positives

• The director's purchase of shares could be interpreted as a positive signal about the company's prospects.

Management Comments

• Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities.

Stakeholder Impact

• The stock purchases by a director may influence investor sentiment.

Key Dates

Keywords

Flotek Industries, FTK, Matthew Wilks, stock purchase, Form 4, insider trading, THRC Holdings, JCMWZ LLC, Class A common stock