The PSU grants represent potential future dilution to shareholders, while the cash award is a near-term expense. Traders should monitor whether the company's stock price approaches the vesting targets ($7.00, $10.00, $14.00, $18.00) as this could incentivize management and potentially influence stock performance.
Price Chart
Executive Summary
ProFrac Holding Corp. granted performance-based restricted stock units (PSUs) to its executive officers and a special cash incentive award to its CFO. The PSU awards are tied to stock price targets ranging from $7.00 to $18.00, and the CFO received a $1,000,000 cash award payable in quarterly installments. These actions are standard executive compensation arrangements.
Key Facts
- ProFrac granted PSUs to executive officers: 287,500 to Matthew D. Wilks (Executive Chairman), 287,500 to Johnathan L. Wilks (CEO), 270,000 to Austin Harbour (CFO), and 150,000 to Matthew Greenwood (Chief Commercial Officer)
- PSU vesting is contingent on the company's stock price reaching targets of $7.00 (10% vest), $10.00 (25% vest), $14.00 (25% vest), and $18.00 (40% vest) based on a 30-day volume-weighted average price
- The company approved a $1,000,000 special cash incentive award to CFO Austin Harbour, payable in four $250,000 quarterly installments
- The cash award has forfeiture provisions if Harbour voluntarily terminates employment or is terminated for cause during 2026
Financial Impact
The $1,000,000 cash award to the CFO and the value of the PSU grants represent future compensation expenses, but no immediate financial impact is disclosed
Risk Factors
- Failure to achieve stock price targets could result in no PSU vesting, potentially affecting executive retention
- The cash award has repayment provisions if the CFO leaves voluntarily, creating potential cash flow uncertainty
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-042680 |
| Document: tm2611649d1_8k.htm | 0001104659-26-042680 |
| Document: tm2611649d1_ex10-2.htm | 0001104659-26-042680 |
| Document: 0001104659-26-042680-index-headers.html | 0001104659-26-042680 |
| Document: 0001104659-26-042680-index.html | 0001104659-26-042680 |
| Document: 0001104659-26-042680.txt | 0001104659-26-042680 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 5w ago | 8-K | $5.06 $5.17 | ▲ +2.17% | ▲ +2.29% | $4.40 (−13.04%) |
Aug 12, 2026 10w ago | Insider Cluster | $5.26 $5.37 | ▲ +2.09% | ▲ +2.29% | $4.40 (−16.35%) |
Aug 11, 2026 10w ago | Institutional Cluster | $5.14 $5.26 | ▲ +2.33% | ▲ +1.64% | $4.40 (−14.40%) |
Jul 6, 2026 16w ago | 8-K | $4.69 $4.71 | ▲ +0.43% | ▲ +0.90% | $4.40 (−6.18%) |
May 7, 2026 24w ago | 8-K | $6.58 $6.66 | ▼ −1.22% | ▼ −0.39% | $4.40 (+33.13%) |
Apr 13, 2026 27w ago | 8-K | $5.85 $6.21 | ▲ +6.15% | ▲ +5.38% | $4.40 (−24.79%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers