Form 4: ProFrac Holding Corp. Executive Matthew Greenwood Reports Stock Transactions
SEC Form 4 Filing
Matthew Greenwood, Chief Commercial Officer of ProFrac Holding Corp., reports acquisition and disposal of Class A common stock related to restricted stock units.
Summary
- On March 29, 2024, Matthew Greenwood, Chief Commercial Officer of ProFrac Holding Corp., acquired 45,455 shares of Class A common stock at $8.36 per share.
- On the same day, Greenwood disposed of 2,916 shares of Class A common stock at $8.36 per share to cover withholding taxes related to vesting restricted stock units.
- Following these transactions, Greenwood directly owns 104,488 shares of ProFrac Holding Corp. Class A common stock.
- The acquisition was related to restricted stock units granted under the company's 2022 Long Term Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It's a standard practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of stock acquisition and disposal. |
| 03/31/2023 | Date of grant of restricted stock units under the 2022 Long Term Incentive Plan. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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