Form 4: P10 Inc. Executive Mel Williams Converts Class B Common Stock to Class A

Sentiment:

SEC Form 4 Filing


Mel Williams, a member of a 10% owner group of P10 Inc., converted 4,294,857 shares of Class B Common Stock into Class A Common Stock on February 5, 2025.

Summary

  • On February 5, 2025, Mel Williams converted 4,294,857 shares of Class B Common Stock of P10, Inc. into an equal number of Class A Common Stock.
  • The conversion was executed by The Mel Williams Irrevocable Trust.
  • Following the transaction, the Mel Williams Irrevocable Trust continues to hold a significant number of Class A Common Stock.
  • Mel Williams may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock.
  • The reporting person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

  • The conversion of Class B to Class A shares could have a minor impact on the overall voting power distribution within the company, but the specific impact is not detailed in the document.

Key Dates

DateDescription
August 12, 2015Date of The Mel Williams Irrevocable Trust u/a/d
January 30, 2025Date of Power of Attorney execution
February 5, 2025Date of Class B to Class A Common Stock conversion
February 7, 2025Date of Form 4 filing

Keywords

Form 4, P10 Inc., Mel Williams, Class B Common Stock, Class A Common Stock, Conversion, Beneficial Ownership, SEC, PX

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