Form 4: ProFrac Holding Corp. Executive Chairman Matthew Wilks Increases Stake in Company

Matthew Wilks, Executive Chairman of ProFrac Holding Corp., reports acquiring additional Class A common stock through transactions made in May 2025.

Summary

• Matthew Wilks, the Executive Chairman of ProFrac Holding Corp., has reported changes in his beneficial ownership of the company's Class A common stock.
• On May 9, 2025, Wilks acquired 4,780 shares at $4.08 and 15,441 shares at $4.39.
• On May 12, 2025, he acquired 69,176 shares at $4.85.
• On May 13, 2025, he acquired 647 shares at $4.94.
• These purchases increased the number of shares indirectly beneficially owned through JCMWZ, LLC to 378,800.
• Wilks also directly owns 1,570,544 shares of Class A common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The Executive Chairman increasing his stake in the company is generally a good sign, but it's a routine transaction.

Positives

• The Executive Chairman's increased investment could be seen as a positive signal about his confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and directors, which can be informative for investors.

Stakeholder Impact

• Shareholders may view the Executive Chairman's increased stake as a positive signal.

Key Dates

Keywords

ProFrac Holding Corp., Matthew Wilks, ACDC, beneficial ownership, Class A common stock, JCMWZ, LLC, Form 4, SEC filing