---
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"
generated_at: "2026-06-17T03:18:48.147253+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ProFrac eliminates Up-C structure; all Class B shares exchanged for Class A; insiders buy 927,995 shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-099091
- JSON: https://secwatch.observer/filing/0001193125-23-099091.json
- Plain text: https://secwatch.observer/filing/0001193125-23-099091.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.