Key facts
- This page summarizes Farris Wilks's Form 4 filing for ProFrac Holding Corp. (ACDC).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 12 Mar 2025, 17:29.
Farris Wilks - 10 Mar 2025 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- ACDC
- Reported as of
- 10 Mar 2025
- Net transaction value
- -$1,000,000
- SEC form
- 4
- Accepted by SEC
- 12 Mar 2025, 17:29:25 UTC
- Prior SEC filing
- 03 Jun 2025
- Next SEC filing
- 18 Aug 2025
- Source filing
- View source filing
- Reporting owner signature
- Matthew Rinaldi, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Farris Wilks filed Form 4 for ProFrac Holding Corp. (ACDC) on 12 Mar 2025.
Change
- Previous filing in this sequence was filed on 03 Jun 2025.
- Current net transaction value: -$1,000,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ACDC
transaction
Derivative
Series A redeemable convertible preferred stock
Sale
- Transaction value
- $1,000,000
- Shares
- -1,000
- Change %
- -5%
- Price
- $1000.00*
- Shares after
- 19,000
- Date
- 10 Mar 2025
- Ownership
- See footnotes
- Underlying class
- Class A common stock, par value $0.01 per share
- Underlying amount
- 55,204
- Exercise price
- $20.00
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
The Conversion Price may be adjusted from time to time in accordance with the Certificate of Designation of Series A Redeemable Convertible Preferred Stock, Exh. 3.1 to the Issuer's Form 8-K filed on October 2, 2023 ("CoD").
Footnote F2
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.
Footnote F3
In accordance with the CoD, following the first anniversary of the Issuance Date, each holder of Series A redeemable convertible preferred stock shall have the option from time to time to convert all or a portion of holder's shares of Series A redeemable convertible preferred stock into Class A common stock, par value $0.01 per share, at a Conversion Ratio equal to the quotient of (i) the Liquidation Preference as of the date of the conversion, which initially shall equal the original issue price per share of $1,000.00 and subsequently be adjusted as the result of any PIK Accrual and as otherwise set forth in the CoD, and (ii) the then applicable Conversion Price. The amount of underlying securities reported has been determined utilizing the Conversion Ratio calculated as of the transaction date.
Footnote F4
Reflects 19,000 shares of the Issuer's Class A redeemable convertible preferred stock held directly by FARJO Holdings, LP, a Texas limited partnership ("FARJO Holdings"). The General Partner of FARJO Holdings is FARJO Management, LLC, a Texas limited liability company ("FARJO Management"). FARJO Management, as General Partner of FARJO Holdings, has exclusive investment control over the shares of the Issuer's Class A redeemable convertible preferred stock held by FARJO Holdings, and therefore may be deemed to beneficially own such shares. Farris Wilks and Jo Ann Wilks are the members of FARJO Management.
Footnote F5
The Reporting Person disclaims beneficial ownership of all equity securities reported herein except to the extent of his respective 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.