Form 4: Liberty Energy Inc. Executive R. Sean Elliott Reports Changes in Beneficial Ownership
SEC Form 4 Filing
R. Sean Elliott, Chief Legal Officer of Liberty Energy Inc., reports acquisition and disposal of Class A Common Stock on April 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 1, 2024, R. Sean Elliott, Chief Legal Officer of Liberty Energy Inc., reported changes in beneficial ownership of the company's Class A Common Stock.
- Elliott acquired 131,852 shares of Class A Common Stock at $0 per share due to the vesting of performance restricted stock units.
- Elliott disposed of 71,274 shares of Class A Common Stock at $20.97 per share.
- Following these transactions, Elliott beneficially owns 279,108 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the Securities Exchange Act of 1934. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- Shareholders are informed about the trading activity of a key executive, providing insight into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| January 20, 2021 | Date of grant for performance restricted stock units that vested on April 1, 2024. |
| February 01, 2024 | Date of Power of Attorney execution. |
| April 01, 2024 | Date of transaction involving acquisition and disposal of Class A Common Stock. |
| April 03, 2024 | Date of signature on the Form 4 filing. |
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