Profrac director Dan Wilks buys $2.87m in company stock

ProFrac Holding Corp. (NASDAQ:ACDC) saw significant insider buying by its director and 10% owner, Dan H. Wilks, who acquired approximately $2.87 million worth of the company's Class A common stock in late August 2026. The purchases were made indirectly through THRC Holdings LP, with shares bought at weighted average prices ranging between $4.7026 and $4.8062.

Following these transactions, Mr. Wilks' indirect beneficial ownership in ProFrac Holding Corp. Class A common stock increased to 88,107,422 shares. Despite the share price currently trading at $4.63, down from its 52-week high of $8.22, and the company operating with a significant debt burden and posting a loss of $2.30 per share over the last twelve months, the acquisitions indicate confidence in the company's future prospects.

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