Wilks Dan H. bought ACDC

June 25, 2026 · Form 4 insider transaction

Wilks Dan H. bought 1,071,454 shares of ProFrac Holding Corp. at $4.72 per share, a transaction worth $5.06M. The trade was recorded as j and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,071,454
Price
$4.72
Total value
$5.06M
Role10% owner
SecurityClass A common stock, par value $0.01 per share
Transaction codeJ: J
Transaction dateJune 25, 2026
Filing dateJune 29, 2026
Shares owned after86,743,609
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Shares of the Issuer's Class A common stock were acquired by Wilks Brothers, LLC, a Texas limited Liability company ("Wilks Brothers") pursuant to the terms of the Shared Services Agreement, dated May 3, 2022, between Wilks Brothers and ProFrac Holdings II, LLC, an indirect wholly-owned subsidiary of the Issuer ("PFII"), as amended by a Letter Agreement dated June 30, 2025 (as amended, the "Services Agreement"); Under the Services Agreement, PFII was required to pay in arrears upon satisfaction of an approval condition, a quarterly services fee of $1,750,000 in shares of the Issuer's Class A Common Stock, until a specified liquidity condition is satisfied. The number of shares issued each quarter is determined by dividing the applicable services fee by the 10-day volume-weighted average price of the Issuer's Common Stock at the end of the quarter. With respect to the Q4 2025 issuance, the liquidity condition was satisfied during the quarter, resulting in a prorated services fee of $1,557,692.31 for the partial period.; Reflects shares of the Issuer's Class A common stock held directly by Wilks Brothers. Dan H. Wilks, as 50% owner and a Manager of Wilks Brothers, may be deemed to exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by Wilks Brothers, and therefore may be deemed to beneficially own such shares.; Each Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

View the original Form 4 on SEC EDGAR
Wilks Dan H. bought ACDC: June 25, 2026 | Insider Trading Screener