Form 4: Liberty Energy Inc. President Ron Gusek Sells Shares in Multiple Transactions
SEC Form 4 Filing
Ron Gusek, President of Liberty Energy Inc., sold a total of 92,397 shares of Class A Common Stock in two days, reducing his holdings.
Summary
- Ron Gusek, President of Liberty Energy Inc., sold 50,000 shares of Class A Common Stock on April 29, 2024, at a weighted average price of $22.9894.
- The shares were sold in multiple transactions with prices ranging from $22.86 to $23.15.
- On April 30, 2024, Gusek sold an additional 42,397 shares at a weighted average price of $22.703.
- These shares were sold in multiple transactions with prices ranging from $22.50 to $22.79.
- Following these transactions, Gusek directly owns 1,170,862 shares of Class A Common Stock.
- The sales were reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider trading activity. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.
Industry Context
Insider sales are a common occurrence and can be for various reasons, including personal financial planning. The market typically analyzes the size and frequency of such sales to gauge potential impact.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Ron Gusek sold 50,000 shares of Class A Common Stock. |
| 04/30/2024 | Ron Gusek sold 42,397 shares of Class A Common Stock. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
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