Form 4: ProFrac Holding Corp. Executive Receives Performance RSUs

ProFrac Holding Corp. Chief Commercial Officer Matthew A. Greenwood was granted performance-based restricted stock units with vesting tied to specific stock price targets.

Summary

• Matthew A. Greenwood, Chief Commercial Officer of ProFrac Holding Corp., received a grant of 150,000 performance-based restricted stock units (RSUs) on April 7, 2026.
• These RSUs are part of the ProFrac Holding Corp. 2022 Long Term Incentive Plan.
• Vesting of the RSUs is contingent upon the achievement of specific stock price targets and continued employment.
• The RSUs will vest in tranches: 10% at a VWAP of $7.00, 25% at $10.00, 25% at $14.00, and 40% at $18.00.
• Vesting dates are on or after April 7, 2027, provided performance criteria are met and the reporting person remains employed.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it details a standard executive compensation grant rather than significant financial or operational news.

Positives

• Grant of performance-based RSUs indicates a long-term incentive aligned with stock performance.
• The tiered vesting structure incentivizes sustained stock price growth.
• The grant suggests management confidence in achieving future stock price targets.

Negatives

• Vesting is entirely dependent on achieving specific, potentially challenging, stock price thresholds.
• The reporting person must remain continuously employed and in good standing for vesting to occur.

Risks

• Failure to meet the specified VWAP thresholds ($7.00, $10.00, $14.00, $18.00) by April 7, 2027, will result in no vesting.
• Cessation of employment before vesting dates will forfeit the RSUs.
• Market volatility could prevent the stock price from reaching the required thresholds.

Future Outlook

The future outlook for the vesting of these RSUs is directly tied to ProFrac Holding Corp.'s stock performance, with specific targets set for $7.00, $10.00, $14.00, and $18.00 VWAP thresholds.

Industry Context

StockSavvy.ai notes that performance-based equity grants are a common tool in the oil and gas services sector to align executive incentives with shareholder value creation and long-term company performance.

Stakeholder Impact

• Shareholders: The grant aligns executive interests with stock price appreciation, potentially benefiting shareholders if targets are met.
• Employees: The structure may motivate key personnel, contributing to overall company performance.
• Management: Matthew A. Greenwood has a direct financial incentive tied to the company's stock performance.

Next Steps

• Monitor ProFrac Holding Corp.'s stock price to assess the likelihood of meeting the VWAP thresholds for RSU vesting.
• Observe continued employment of Matthew A. Greenwood to ensure eligibility for vesting.

Key Dates

Keywords

ProFrac Holding Corp., ACDC, Form 4, Restricted Stock Units, RSUs, Performance-based, Stock options, Executive compensation, Insider trading, SEC filing