SCHEDULE: ERock Inc. Ownership Update Filed

ERock, Inc. files Schedule 13G detailing significant beneficial ownership changes by Walter Thomas McAndrew Jr. and associated entities.

Summary

• This filing is a Schedule 13G, reporting beneficial ownership of ERock, Inc. Class A common stock.
• Walter Thomas McAndrew Jr. (W.T. McAndrew) directly owns 50,550 Class A shares and indirectly holds 16,261,029 Class B shares and corresponding Class B Units.
• McAndrew Holdings, Ltd. holds 6,275,539 Class B shares and corresponding Class B Units.
• McAndrew Holdings, LLC (General Partner) and Jay Willis McAndrew also have shared voting and dispositive power over the shares held by McAndrew Holdings.
• The Class B Units are exchangeable for Class A shares on a one-for-one basis within 60 days of the filing date.
• As of August 7, 2026, ERock, Inc. had 48,174,023 Class A shares outstanding.
• W.T. McAndrew beneficially owns 22,587,118 shares, representing 31.9% of the class.
• McAndrew Holdings, McAndrew Holdings, LLC, and Jay Willis McAndrew each beneficially own 6,275,539 shares, representing 11.5% of the class each.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it primarily reports on beneficial ownership changes and does not contain operational or financial performance updates.

Positives

• Clear disclosure of beneficial ownership provides transparency to investors.
• The exchangeability of Class B Units into Class A shares offers potential for increased public float.

Negatives

• The filing does not provide any operational or financial performance data for ERock, Inc.
• The significant ownership concentration by a few parties could limit liquidity for other shareholders.

Risks

• Potential for increased selling pressure if Class B Units are exchanged and shares are subsequently sold.
• Concentration of voting power could influence corporate decisions without broad shareholder consensus.

Future Outlook

The filing indicates that Class B Units are exchangeable for Class A Shares within 60 days of the filing date, which could impact the number of outstanding Class A shares.

Management Comments

• Each Reporting Person disclaims beneficial ownership of all securities reported in this Schedule 13G except to the extent of such Reporting Person's pecuniary interest therein, other than those securities reported herein as being held directly by such Reporting Person.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and significant shareholders to report their holdings. This filing indicates a substantial ownership stake in ERock, Inc. by the McAndrew family and associated entities.

Related Party Transactions

• The filing details shared voting and dispositive power among W.T. McAndrew, McAndrew Holdings, Ltd., McAndrew Holdings, LLC, and Jay Willis McAndrew concerning the shares held by McAndrew Holdings, indicating a close relationship and coordinated control.

Stakeholder Impact

• Shareholders may see an increase in the public float of Class A shares if Class B Units are exchanged.
• The concentration of ownership and shared voting power could influence corporate governance decisions.

Next Steps

• Potential exchange of Class B Units for Class A Shares by W.T. McAndrew, McAndrew Holdings, Ltd., McAndrew Holdings, LLC, and Jay Willis McAndrew within 60 days of the filing date.

Key Dates

Keywords

ERock Inc., Schedule 13G, Beneficial Ownership, Class A Common Stock, Class B Shares, Class B Units, McAndrew Holdings, Walter Thomas McAndrew Jr.