Form 4: Liberty Energy CFO Michael Stock Sells 5,000 Shares
SEC Form 4
Michael Stock, CFO of Liberty Energy Inc., sold 5,000 shares of Class A Common Stock at $18.45 per share on November 6, 2024, according to a Form 4 filing.
Summary
- On November 6, 2024, Michael Stock, the Chief Financial Officer of Liberty Energy Inc. (LBRT), sold 5,000 shares of Class A Common Stock.
- The sale was executed at a price of $18.45 per share.
- Following the transaction, Stock directly owns 720,207 shares of Liberty Energy Inc.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2023, with sales commencing in March 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale by an executive under a pre-existing trading plan. It doesn't inherently indicate positive or negative company performance.
Industry Context
This filing is a routine disclosure of a transaction by a company insider. It's common for executives to have pre-arranged trading plans to sell shares over time.
Key Dates
| Date | Description |
|---|---|
| December 4, 2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| March 2024 | Sales began under the Rule 10b5-1 trading plan |
| November 6, 2024 | Date of the stock sale transaction |
| November 7, 2024 | Date of the signature on the Form 4 filing |
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