Wilks Matthew bought FTK
September 11, 2026 · Form 4 insider transaction
Wilks Matthew bought 1,319,493 shares of Flotek Industries, Inc. at $26.01 per share, a transaction worth $34.32M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
On September 11, 2026, THRC Holdings, LP ("THRC") acquired from ProFrac GDM, LLC ("ProFrac GDM"), pursuant to a stock transfer agreement (the "Flotek Stock Transfer Agreement"), 1,319,493 shares of common stock, par value $0.0001 per share ("Common Stock"), of Flotek Industries, Inc., in exchange for the cancellation of $34,320,000 of Alpine Holding II, LLC term loans held by THRC.; Pursuant to the Flotek Stock Transfer Agreement, the price per share of $26.01 was determined by using the volume-weighted average price of the Common Stock reported on the New York Stock Exchange for the five consecutive trading days ending on (and including) the trading day immediately preceding September 11, 2026.; The reporting person, as VP-Investments of THRC may be deemed to exercise voting and investment power over the Common Stock directly owned by THRC, and therefore, may be deemed to beneficially own such shares. THRC directly holds the shares of Common Stock. The reporting person disclaims beneficial ownership of all equity securities reported herein except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the reporting person is the beneficial owner of any equity securities covered by this Form 4.