Christopher A. Wright - Sep 16, 2024 Form 4 Insider Report for Liberty Energy Inc. (LBRT)

Role
Chairman of the Board and CEO, Director
Signature
/s/ Kamal Gala, attorney-in-fact for Christopher A. Wright
Stock symbol
LBRT
Transactions as of
Sep 16, 2024
Transactions value $
-$811,400
Form type
4
Date filed
9/17/2024, 07:07 PM
Previous filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBRT Class A Common Stock Sale -$398K -20K -0.74% $19.91 2.68M Sep 16, 2024 Direct F1, F2
transaction LBRT Class A Common Stock Sale -$413K -20K -0.75% $20.66 2.66M Sep 17, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2024 for sales beginning on September 16, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.64 to $20.055, inclusive. The Reporting Person undertakes to provide to Liberty Energy Inc., any security holder of Liberty Energy Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.315 to $20.805, inclusive. The Reporting Person undertakes to provide to Liberty Energy Inc., any security holder of Liberty Energy Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.