ESOPApr 13, 2026, 05:12 PM
ProFrac Grants 995,000 PSUs to Executive Officers
AI Summary
ProFrac Holding Corp.'s Compensation Committee granted a total of 995,000 performance-based restricted stock units (PSUs) to four executive officers on April 7, 2026. These awards are designed to align management incentives with shareholder value creation. The PSUs are subject to both time-based vesting, requiring one year of continuous employment, and stock price performance targets. A portion of the PSUs will vest if the company's Class A common stock achieves volume-weighted average prices of $7.00 and $10.00 over a 30-day trading period.
Key Highlights
- ProFrac granted 995,000 performance-based restricted stock units (PSUs).
- Executive Chairman and CEO each received 287,500 PSUs.
- CFO received 270,000 PSUs, and CCO received 150,000 PSUs.
- Vesting is contingent on one year of employment and stock price targets.
- 10% of PSUs vest at $7.00 VWAP, and 25% vest at $10.00 VWAP.
Price Impact
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