Johnathan Ladd Wilks - Mar 28, 2025 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)

Role: Chief Executive Officer
Signature: /s/ Steven Scrogham, Attorney-in-Fact
Stock symbol: ACDC
Transactions as of: Mar 28, 2025
Transactions value $: -$208,020
Form type: 4
Date filed: 4/1/2025, 05:30 PM
Previous filing: Mar 12, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACDC	Class A common stock, par value $0.01 per share	Award	$0	+85.6K	+46.46%	$0.00	270K	Mar 28, 2025	Direct	F1
transaction	ACDC	Class A common stock, par value $0.01 per share	Tax liability	$0	-6.89K	-2.55%	$0.00	263K	Mar 28, 2025	Direct	F2
transaction	ACDC	Class A common stock, par value $0.01 per share	Disposed to Issuer	-$150K	-19.4K	-7.39%	$7.71	244K	Mar 28, 2025	Direct	F3
transaction	ACDC	Class A common stock, par value $0.01 per share	Tax liability	$0	-2.47K	-1.01%	$0.00	241K	Mar 31, 2025	Direct	F4
transaction	ACDC	Class A common stock, par value $0.01 per share	Disposed to Issuer	-$58.2K	-7.67K	-3.18%	$7.59	233K	Mar 31, 2025	Direct	F5
holding	ACDC	Class A common stock, par value $0.01 per share						1.22M	Mar 28, 2025	Through Limited Partnership	F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ACDC	Series A redeemable convertible preferred stock						1K	Mar 28, 2025	Class A common stock, par value $0.01 per share	55.2K	$20.00	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units granted to the reporting person under the ProFrac Holding Corp. 2022 Long Term Incentive Plan. Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.01 per share, and will vest in three equal annual installments beginning in March 2026.
F2	Represents shares withheld to satisfy withholding taxes applicable upon vesting of the March 28, 2024 grant of restricted stock units under the 2022 Long Term Incentive Plan.
F3	Reflects the disposal of restricted stock units granted to the reporting person on March 28, 2024, which vested on March 28, 2025 and were settled with the reporting person in cash.
F4	Represents shares withheld to satisfy withholding taxes applicable upon vesting of the March 31, 2023 grant of restricted stock units under the 2022 Long Term Incentive Plan.
F5	Reflects the disposal of restricted stock units granted to the reporting person on March 31, 2023, which vested on March 31, 2025 and were settled with the reporting person in cash.
F6	KWELL Holdings, LP ("KHLP"), a Texas limited partnership, directly holds these securities. KWELL Group, LLC ("KWELL Group"), a Texas limited liability company, as General Partner of KHLP, has exclusive voting and investment control over the shares of Class A common stock held by KHLP, and therefore may be deemed to beneficially own such shares. Ladd Wilks, as manager of KWELL Group, may exercise voting and investment power over the shares of the Issuer's Class A common stock directly owned by KHLP. The Reporting Person disclaims beneficial ownership of all equity securities being reported herein except to the extent of his pecuniary interest therein.
F7	Issuer's Series A convertible preferred stock has no expiration date as it is not redeemable at the option of holder and does not automatically convert into common stock on a specified date.