Form 4: Liberty Energy Director Ken Babcock Receives RSU Grant

Liberty Energy Inc. Director Ken Babcock was granted 9,566 restricted stock units, vesting in January 2027, as part of his compensation.

Summary

• Ken Babcock, a Director of Liberty Energy Inc. (LBRT), was granted 9,566 Class A Common Stock restricted stock units (RSUs).
• The transaction date for this grant was January 2, 2026.
• These restricted stock units are scheduled to vest 100% on January 2, 2027, contingent upon continued service.
• Each RSU represents a contingent right to receive one share of Liberty Energy Inc. Class A common stock upon vesting.
• Following this transaction, Ken Babcock directly beneficially owns 69,035 shares of Class A Common Stock.
• Additionally, Ken Babcock indirectly beneficially owns 9,289 shares of Class A Common Stock through a trust.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive event as it aligns management's interests with shareholders, though it is a routine compensation practice and not indicative of extraordinary company performance.

Positives

• The grant of restricted stock units to a director aligns management's interests with those of shareholders, encouraging long-term performance.
• This is a standard form of compensation for directors, indicating ongoing commitment and involvement with the company.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's financial performance or strategic direction, beyond the vesting schedule of the granted restricted stock units.

Industry Context

The grant of restricted stock units to a director is a common practice in publicly traded companies across various industries, serving as a key component of executive and director compensation packages to incentivize long-term value creation and align interests with shareholders.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a compensation tool for directors is a widely adopted practice across industries, including the energy sector, aligning with global benchmarks for corporate governance and incentive structures.
• The vesting schedule, typically over one to three years, is also standard, ensuring continued service and commitment from the director.

Related Party Transactions

• The grant of restricted stock units to Director Ken Babcock represents a transaction between the company and an insider, which is a common form of related party compensation.

Stakeholder Impact

• Shareholders: The grant of equity to a director can be viewed positively as it aligns the director's financial interests with the long-term performance of the company, potentially leading to better decision-making for shareholder value.

Next Steps

• The 9,566 restricted stock units are scheduled to vest on January 2, 2027, subject to Ken Babcock's continued service as a director.

Key Dates

Recommendation

This Form 4 reports a routine grant of restricted stock units to a director, which is a standard compensation practice and does not provide new fundamental information to alter an existing investment thesis or warrant a change in stock recommendation.

Keywords

Liberty Energy, LBRT, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation, Equity Grant