4/A: ProFrac Holding Corp. Executive Amends SEC Filing to Correct Error in Reported Stock Units
SEC Filing Amendment
Matthew A. Greenwood, Chief Commercial Officer of ProFrac Holding Corp., filed an amendment to a previous SEC Form 4 to correct an error related to restricted stock units.
Summary
- Matthew A. Greenwood, Chief Commercial Officer of ProFrac Holding Corp., filed an amended SEC Form 4 on April 2, 2024, to correct an error in the original filing from April 7, 2023.
- The amendment addresses the inclusion of 44,989 restricted stock units in Table I of the original form, which should not have been included because the performance conditions for these units were not met.
- After the correction, Greenwood beneficially owns 61,949 shares of Class A common stock.
- The filing also includes a Limited Power of Attorney, effective April 1, 2024, granting Steven Scrogham and Valery Treida the authority to prepare and file SEC forms on Greenwood's behalf.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting an administrative error. It doesn't indicate any significant positive or negative developments for the company.
Negatives
- The original SEC filing contained an error regarding the inclusion of restricted stock units.
Industry Context
This filing is a routine disclosure related to executive stock ownership and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/31/2023 | Date of the earliest transaction reported in the original Form 4. |
| 04/07/2023 | Date of the original Form 4 filing that was amended. |
| 04/01/2024 | Effective date of the Limited Power of Attorney. |
| 04/02/2024 | Date of the amended Form 4/A filing. |
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