4/A: Liberty Energy CLO Amends Stock Transaction Filing

Chief Legal Officer R. Sean Elliott filed an amended Form 4 to correct a clerical error regarding shares withheld for tax obligations.

Summary

• This is an amendment to a Form 4 originally filed on April 2, 2026, for R. Sean Elliott, the Chief Legal Officer of Liberty Energy Inc.
• The amendment corrects the number of Class A Common Stock shares withheld to satisfy tax withholding obligations, which were previously understated.
• On April 1, 2026, 33,726 shares were withheld at a price of 27.92 per share.
• Following the correction, the reporting person beneficially owns 350,474 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing. While it corrects an error, the underlying transaction is a standard tax withholding event for an executive.

Positives

• The reporting person maintains a substantial direct ownership stake of 350,474 shares.
• The disposition of shares was specifically for tax withholding purposes rather than a discretionary market sale.
• The company demonstrated transparency by promptly correcting a clerical error in its regulatory filings.

Negatives

• A clerical error occurred in the original filing, necessitating an amendment to ensure accurate public records.

Risks

• No specific business or financial risks were disclosed in this administrative ownership filing.

Future Outlook

The filing does not provide forward-looking guidance or strategic outlook as it is a standard disclosure of changes in beneficial ownership.

Management Comments

• The Reporting Person is amending the Form 4 filed on April 2, 2026 to correct the number of shares of common stock previously withheld to satisfy tax withholding obligations, which were originally understated due to a clerical error.

Industry Context

StockSavvy.ai notes that tax-related share withholdings are routine administrative events for executives at major energy services firms like Liberty Energy and typically do not reflect a change in corporate strategy or individual sentiment regarding the company's value.

Comparison to Industry Standards

• The use of 'Code F' for tax withholding is a standard practice among Section 16 officers in S&P 500 and Russell 1000 companies.
• The correction of clerical errors via Form 4/A is the standard regulatory procedure for maintaining compliance with SEC reporting requirements.

Related Party Transactions

• The transaction involves the issuer withholding shares from an executive officer to satisfy tax obligations, which is a disclosed related party transaction under SEC rules.

Stakeholder Impact

• Shareholders benefit from accurate and transparent reporting of executive ownership levels.

Next Steps

• No further actions are indicated beyond the filing of this correction.

Key Dates

Keywords

Liberty Energy, LBRT, Insider Trading, Form 4/A, R. Sean Elliott, Tax Withholding, Class A Common Stock, Executive Compensation