Form 4: Liberty Energy CFO Sells 10,000 Shares Under 10b5-1 Trading Plan

Liberty Energy's Chief Financial Officer, Michael Stock, sold 10,000 shares of Class A Common Stock at $18.49 per share on December 2, 2024, under a pre-arranged trading plan.

Summary

• Michael Stock, the Chief Financial Officer of Liberty Energy Inc., sold 10,000 shares of Class A Common Stock on December 2, 2024.
• The sale was executed at a price of $18.49 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted by Mr. Stock on December 4, 2023, with sales commencing in March 2024.
• Following the transaction, Mr. Stock directly owns 705,207 shares of Liberty Energy.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an insider stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans. It does not indicate any specific change in the company's outlook or performance.

Comparison to Industry Standards

• Rule 10b5-1 trading plans are a common practice among corporate executives to avoid accusations of insider trading.
• The sale of shares by a CFO is a normal occurrence and is often part of personal financial planning.
• The volume of shares sold is relatively small compared to the total outstanding shares of the company.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price due to the pre-arranged nature of the transaction.

Key Dates

Keywords

insider trading, Form 4, Rule 10b5-1, stock sale, equity securities, Liberty Energy, LBRT, Michael Stock, CFO