THRC Management, LLC, 10% Owner at ProFrac Holding Corp. (ACDC), bought 920,000 shares at $9.50 ($8.7M) on 2024-05-24, disclosed to the SEC on 2024-05-28.
Open-market purchase of $8.7M ACDC by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $9.28 | 194,461 | $1.8M | 20.9% |
| 2 | $9.28 | 194,461 | $1.8M | 20.9% |
| 3 | $9.50 | 265,539 | $2.5M | 29.1% |
| 4 | $9.50 | 265,539 | $2.5M | 29.1% |
| Total | $9.41 avg | 920,000 | $8.7M | 100% |
| Filing → |
| ACDC | BUY | 2024-05-30 | $18.8M | — | Filing → |
| ACDC | BUY | 2023-11-13 | $12.1M | — | Filing → |
| ACDC | BUY | 2023-10-25 | $5.5M | — | Filing → |