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LBRT Liberty Energy Inc. Insider Trading

Latest: CFO Sold $670K of Shares · May 2026

Multiple insiders have been active at Liberty Energy Inc. (LBRT): 4 distinct insiders account for 1 buy filing and 10 sell filings as of May 2026. Its highest-significance filing in the last 90 days: CFO Stock Michael sold $670K, transaction dated May 2026.

11 filings analyzed · Latest 2026-05-20

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Buys
1
Sells
10
Insiders
4
Direction
Net selling

Liberty Energy Inc. leadership

CEO
Ron Gusek — Director, Chief Executive Officer, and President
CFO
Michael Stock — Chief Financial Officer and Treasurer
General Counsel
R. Sean Elliott — Chief Legal Officer and Corporate Secretary
Chair
William F. Kimble — non-executive Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-20 10b5-1 Plan
low
Chief Financial Officer
19,998 shares
$669,533
@ $33.48
Significance 4

CFO Stock sold 20.0K LBRT shares at $33.48 on 2026-05-20 via 10b5-1 plan; stock now at $32.72.

Michael Stock, CFO of Liberty Energy Inc., sold 19,998 shares at $33.48 on 2026-05-20 under a pre-arranged 10b5-1 trading plan adopted on 2026-02-17, reducing his position from 820,373 to 800,375 shares. Because this transaction is scheduled under a 10b5-1 plan, it reflects administrative execution rather than discretionary timing. The stock's 30-day return of +23.2% and 90-day return of +21.7% show positive momentum in recent months, though the current price of $32.72 now sits 5.1% below the 52-week high of $34.48. Fundamentals show revenue of $1,021,184,000 but annual growth contracted 7.2% year-over-year, with net income of $22,558,000 and a P/E of 35.96, presenting a mixed backdrop for the company's near-term outlook.

February 2026
2026-02-19
high
9,696 shares
$250,000
@ $25.78
Significance 7

Director Arjun N Murti purchased 9,695 shares of LBRT at $25.78 for $249,999.99, raising holdings 54.2% to 27,567 shares

Director Arjun N Murti executed a substantial open-market purchase of 9,695 shares at $25.78 on 2026-02-17, investing a round $249,999.99 and increasing his holdings by 54.2% to 27,567 shares. The transaction occurred near the 52-week high (stock currently at $26.89, only -0.8% from the $27.12 peak), and the stock has rallied sharply: +33.6% in the past 30 days and +64.0% over 90 days. Across his cross-ticker open-market history, this director has 1 prior buy with an average 90-day return of +6.7% and a 100.00% win rate, though that limited history may not be predictive at this specific ticker. The company shows a mixed profile: net income of $43.1M on $947.4M quarterly revenue, but annual revenue contracted 7.2% year-over-year, and the stock trades at a P/E of 29.55 despite that decline.

2026-02-09
medium
Chief Legal Officer
25,000 shares
$635,000
@ $25.40
Significance 4

CLO Elliott R Sean sells 25,000 shares of Liberty Energy (LBRT) at $25.40 for $635.0K; retains 342.2K shares

Elliott R Sean, Chief Legal Officer of Liberty Energy, sold 25,000 shares at $25.40, reducing his holdings by 6.8% to 342,150 shares. The sale occurred near the stock's 52-week high of $26.09, within -3.5% of that peak. The company's revenue growth is contracting at -7.2% year-over-year while the P/E ratio stands at 27.66, suggesting a valuation multiple elevated relative to recent earnings power. The 90-day stock price momentum of +45.2% prior to this sale provides context on the price level, though no scheduled trading plan flagging is noted in this filing.

2026-02-09
medium
Chief Financial Officer
25,000 shares
$634,500
@ $25.38
Significance 4

CFO Michael sells 25,000 LBRT shares at $25.38; holds 784,819 post-sale amid +28.0% 30-day rally

CFO Michael sold 25,000 shares (3.1% of pre-transaction holdings) at $25.38 on 2026-02-06, reducing his position to 784,819 shares. The sale occurred near the stock's 52-week high of $26.09, with the current price at $25.17, placing the transaction within 1.8% of recent peak valuations. His cross-ticker track record shows 1 prior sell with a 90d return of +20.2%, indicating the prior sale was poorly timed (insider missed subsequent gains); his only prior trade at LBRT (a sell on 2023-09-01) similarly posted a +20.2% 90-day return, suggesting a pattern of selling before upward moves. The stock has appreciated +28.0% over the past 30 days and +45.2% over 90 days, and with a P/E of 27.66 against declining annual revenue growth of -7.2%, the CFO's timing reflects selling into strength rather than weakness.

January 2025
2025-01-03 10b5-1 Plan
medium
Chairman of the Board and CEO
40,000 shares
$832,000
@ $20.80
Significance 5

CEO Wright sells 40,000 shares for $832,000.00 in two transactions; stock up 14.0% in 30 days post-sale.

Christopher A Wright, Chairman and CEO, executed 2 separate sales totaling 40,000 shares for $832,000.00 on January 2–3, 2025, at $20.80/share. The sales reduced his holdings from 2,538,813 to 2,498,813 shares (-1.6%). The stock has since appreciated 14.0% over the 30-day period following the transaction, trading at $20.89 and well above the sale price. Wright's cross-ticker track record shows an 80.00% well-timed rate on prior sells (those 20 prior sales returned -9.2% on average in the 90-day window), but his prior 5 trades at LBRT have yielded mixed near-term outcomes, with none yet measurable at the 90-day horizon. The company trades at a 6.45 P/E, has posted 14.4% annual revenue growth, and reported $1.1B in quarterly revenue with $73.8M net income. The transaction size and price movement suggest the sales did not anticipate immediate weakness.

December 2024
2024-12-05 10b5-1 Plan
medium
Chairman of the Board and CEO
32,000 shares
$588,480
@ $18.39
Significance 5

CEO Wright sells 32,000 LBRT shares ($588.5K) in 2 tranches at $18.23–$18.55; stock down 25.4% from 52-week high

Wright Christopher A (Chairman and CEO) executed 2 separate sales totaling 32,000 shares for $588,480.00 at an average price of $18.39 on December 4–5, 2024, reducing his holdings from 2.58M to 2.55M shares (-1.2%). The current stock price of $18.41 is -25.4% from the 52-week high of $24.69, placing the sales near recent lows. At the same ticker, Wright's 5 prior trades have generated mixed 30-day returns (-18.0%, -15.6%, +5.6%, outcomes pending on two November sales), with no 90-day well-timed sells yet measurable. His cross-ticker track record shows a 84.62% well-timed rate on 20 prior sells, though those are not predictive of current or future performance at LBRT. The company reports strong fundamentals: $1.1B quarterly revenue with +14.4% annual growth and a P/E of 5.68, suggesting valuation is not distressed. The timing of these sales against the depressed price backdrop and the CEO's continued substantial 2.55M share stake warrant monitoring to distinguish between scheduled activity and discretionary positioning.

November 2024
2024-11-07 10b5-1 Plan
low
Chairman of the Board and CEO
40,000 shares
$735,654
@ $18.39
Significance 3

Wright Christopher A (then-CEO) sold 40,000 shares ($735.7K) via 10b5-1 plan; holds 2.58M shares post-transaction

Wright Christopher A, who was CEO at the time of the filing, executed 3 separate sales totaling 40,000 shares for $735,654.10 across November 5–7, 2024, at prices ranging from $17.44 to $18.85, with a blended average price of $18.39. This sale was conducted under a pre-arranged 10b5-1 trading plan adopted on 2024-06-13, meaning the transaction was scheduled and non-discretionary. Post-transaction, Wright held 2,578,813 shares, representing a net reduction of 1.5% of his pre-transaction holdings. The scheduled nature of the trade removes any timing inference; this was an automatic execution under a pre-established framework rather than a discretionary decision in response to current market conditions or company-specific factors.

October 2024
2024-10-04 10b5-1 Plan
medium
Chairman of the Board and CEO
40,000 shares
$802,200
@ $20.06
Significance 5

CEO Wright sells 40,000 LBRT shares ($802.2K) across Oct 2–3; holds 2.62M shares post-sale at blended $20.06.

Wright Christopher A, Chairman and CEO, conducted 2 separate sales totaling 40,000 (40.0K shares) for $802,200.00 ($802.2K) on October 2–3, 2024 at a blended average price of $20.06, reducing his holdings from 2.66M to 2.62M shares (a 1.5% decrease). His cross-ticker track record shows a 90-day well-timed sell rate of 57.14%, but at Liberty Energy specifically, prior measurable outcomes on 3 completed same-ticker sales have been negative (30-day returns of -6.4%, -3.1%, and -9.4%), and 0 of measurable prior sells achieved positive 90-day timing. The stock is currently trading at $20.51, down 16.9% from its 52-week high of $24.69, while the company reports strong fundamentals including annual revenue growth of +14.4% and a low P/E of 6.33. The timing and frequency of these sales—following even closer sales on September 16–17—warrants attention to whether this reflects a broader disposition or operational rebalancing at the CEO level.

September 2024
2024-09-17 10b5-1 Plan
medium
Chairman of the Board and CEO
40,000 shares
$811,400
@ $20.28
Significance 4

CEO Wright Christopher A sold 40,000 shares (2 sales) at $20.28 avg, retains 2.66M shares post-transaction

Wright Christopher A, Chairman and CEO of Liberty Energy Inc., executed 2 separate sales totaling 40,000 shares for $811,400.00 (blended average $20.28) on 2024-09-16 and 2024-09-17. The sale reduced his holdings by 1.5% to 2,658,813 shares remaining. At the current price of $20.77, the transaction prices are within the 52-week range ($16.59–$24.69) and near current valuations. His prior 5 sales at LBRT (July through August 2024) have shown consistent negative 30-day outcomes (-3.1%, -6.4%, -13.0%, -9.4%, and +3.3%), though 90-day measurable outcomes are not yet available for those trades. The company reports strong fundamentals with $1,159,884,000.00 in latest quarterly revenue, $108,421,000.00 net income, and 14.4% annual revenue growth; the P/E of 6.41 suggests a relatively inexpensive valuation. The timing and magnitude of this sale merit observation alongside the recent pattern of frequent insider sales at this ticker.

August 2024
2024-08-02 10b5-1 Plan
medium
Chairman of the Board and CEO
40,000 shares
$880,651
@ $22.02
Significance 6

LBRT CEO sells 40,000 shares ($880.7K) over two days; holds 2.70M shares post-sale amid mixed timing history

Wright Christopher A, Chairman and CEO of Liberty Energy Inc., executed four separate sales totaling 40,000 shares for $880,650.70 across August 1-2, 2024, at prices ranging from $21.24 to $23.66. His post-transaction holdings of 2.70M shares represent a -1.5% reduction from prior levels. The timing context is mixed: his cross-ticker track record shows a 90-day well-timed rate of 26.67% across 20 prior sells, but his recent same-ticker sales at LBRT (5 prior trades dating to June–July 2024) have not yet demonstrated a well-timed pattern, with immediate 30-day outcomes ranging from -14.2% to +12.7%. The current stock price of $21.32 sits 13.6% below the 52-week high of $24.69, suggesting the executive sold into a period of moderate weakness relative to recent highs. The company's P/E of 6.58 and net income of $108.4M on $1.2B quarterly revenue reflect a profitable, growing business (14.4% annual revenue growth), which provides context for evaluating whether this sale reflects conviction or routine portfolio management.

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