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ProFrac grants CEO, chairman 287,500 PSUs tied to $7-$18 stock targets
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ProFrac grants CEO, chairman 287,500 PSUs tied to $7-$18 stock targets
  • ProFrac granted performance-based restricted stock unit awards on April 7, 2026 under its 2022 long-term incentive plan, including 287,500 PSUs each to Executive Chairman Matthew D. Wilks and CEO Johnathan L. Wilks.
  • CFO Austin Harbour received 270,000 PSUs; Chief Commercial Officer Matthew Greenwood received 150,000 PSUs.
  • Awards require continued employment through April 7, 2027; vesting then depends on 30-trading-day VWAP targets of USD 7, USD 10, USD 14, USD 18.
  • Harbour also received a USD 1 million special cash incentive award payable in four quarterly installments of USD 250,000, with first installment vested as of March 31, 2026.
  • Cash award includes repayment obligations for voluntary departure or termination for cause in 2026; termination without cause in 2026 forfeits unpaid amounts without repayment of amounts already paid.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProFrac Holding Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-042680), on April 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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