{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-099091","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2023-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.450498+00:00","generated_at":"2026-06-17T03:18:48.147253+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ProFrac eliminates Up-C structure; all Class B shares exchanged for Class A; insiders buy 927,995 shares","bullets":["All Class B shares converted to Class A; Up-C structure eliminated, simplifying governance.","Wilks family and board member bought 927,995 shares on open market, showing conviction.","Wilks family urges management to deliver a shareholder capital return plan.","Reorganization expected to lower compliance costs, speed financial reporting, boost index inclusion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-099091","json":"https://secwatch.observer/filing/0001193125-23-099091.json","markdown":"https://secwatch.observer/filing/0001193125-23-099091.md","text":"https://secwatch.observer/filing/0001193125-23-099091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000119312523099091/0001193125-23-099091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000119312523099091/d486208d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:18:48.147253+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}