0001104659-26-042680
SEC filingProFrac Holding Corp. granted performance-based restricted stock unit awards to four executive officers and approved a special cash incentive award for its CFO, both effective April 7, 2026.
The company has implemented significant long-term incentive compensation for its executive leadership team through performance-based equity awards tied directly to stock price appreciation. The structure aligns executive compensation with shareholder value creation, with vesting contingent on achieving specific stock price thresholds of $7.00, $10.00, $14.00, and $18.00 based on a 30-day volume-weighted average price. The awards include a one-year service requirement before performance vesting can occur, ensuring executive retention through at least April 2027. For the CFO specifically, the company added a substantial cash retention incentive of $1 million payable quarterly through 2026, with stringent clawback provisions requiring repayment if employment terminates voluntarily or for cause. This dual compensation approach suggests the board is focused on both retaining key executives and driving stock price performance through clearly defined milestones.