Johnathan Ladd Wilks - 31 Mar 2026 Form 4 Insider Report for ProFrac Holding Corp. (ACDC)

Reporting relationship: Chief Executive Officer
Issuer ticker: ACDC
Reported as of: 31 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Apr 2026, 17:51:59 UTC
Prior SEC filing: 31 Mar 2026
Next SEC filing: 09 Apr 2026
Source filing: View source filing
Reporting owner signature: /s/ Steven Scrogham, Attorney-in-Fact

Key filing fact

Johnathan Ladd Wilks filed Form 4 for ProFrac Holding Corp. (ACDC) on 01 Apr 2026.

Key facts

This page summarizes Johnathan Ladd Wilks's Form 4 filing for ProFrac Holding Corp. (ACDC).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 01 Apr 2026, 17:51.

Change

Previous filing in this sequence was filed on 31 Mar 2026.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001641790 Primary reporting owner

Wilks Johnathan Ladd

Relationship: Chief Executive Officer
Address: C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK
Signature: /s/ Steven Scrogham, Attorney-in-Fact
Signature date: 01 Apr 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACDC transaction

Class A common stock, par value $0.01 per share

Disposed to Issuer

Transaction value
Shares: -7,673
Change %: -4.3%
Price: $6.20^*
Shares after: 170,886
Date: 31 Mar 2026
Ownership: Direct
Footnotes: F1

ACDC transaction

Class A common stock, par value $0.01 per share

Tax liability

Transaction value
Shares: -2,470
Change %: -1.4%
Price: $0.000000^*
Shares after: 168,416
Date: 31 Mar 2026
Ownership: Direct
Footnotes: F2

ACDC holding

Class A common stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,275,835
Date: 31 Mar 2026
Ownership: Through Limited Partnership
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACDC holding Derivative

Series A redeemable convertible preferred stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,000
Date: 31 Mar 2026
Ownership: Direct
Underlying class: Class A common stock, par value $0.01 per share
Underlying amount: 55,204
Exercise price: $20.00
Footnotes: F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Reflects the disposal of restricted stock units granted to the reporting person on March 31, 2023, which vested on March 31, 2026 and were settled with the reporting person in cash.

Footnote F2

Represents disposed shares, settled in cash, to satisfy withholding taxes applicable upon vesting on March 31, 2026 of the March 31, 2023 grant of restricted stock units under the 2022 Long Term Incentive Plan.

Footnote F3

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.

Footnote F4

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 F5

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 F6

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.