Form 4: ProFrac Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Matthew Daniel Rinaldi was granted 22,421 restricted stock units as part of the ProFrac Holding Corp. 2022 Long Term Incentive Plan.
Summary
- Director Matthew Daniel Rinaldi received a grant of 22,421 restricted stock units (RSUs).
- The grant has a total fair value of $150,000.
- The RSUs vest in full on May 27, 2027, contingent upon continued service on the Board.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the reporting person's continued service on the Board through May 27, 2027.
Future Outlook
The RSUs are scheduled to vest in full on May 27, 2027, provided the director remains on the Board.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term board commitment and align director interests with those of common shareholders.
Comparison to Industry Standards
- The use of RSUs for director compensation is consistent with standard practices for publicly traded companies in the energy services sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of 22,421 RSUs to Director Matthew Daniel Rinaldi. | 05/27/2026 | Standard alignment of director incentives. |
Stakeholder Impact
- Minor dilution impact for existing shareholders upon eventual vesting and issuance of shares.
Next Steps
- Vesting of the RSUs on May 27, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/27/2026 | Effective grant date of the restricted stock units. |
| 05/29/2026 | Date of filing. |
| 05/27/2027 | Vesting date for the restricted stock units. |
Keywords
ProFrac Holding Corp, ACDC, Form 4, Insider Trading, Equity Compensation, Director Compensation
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