Form 4: P10 Inc. Executive William Souder Reports Acquisition of Restricted Stock Units and Stock Options

William Souder, Chief Operating Officer and Director of P10 Inc., reports the acquisition of restricted stock units and stock options.

Summary

• William F. Souder, Chief Operating Officer and Director of P10, Inc., along with Souder Family LLC, reported changes in beneficial ownership to the SEC.
• On March 4, 2024, Mr. Souder acquired 125,157 restricted stock units (RSUs) that vest one year from the grant date and 207,147 stock options that vest over five years.
• The exercise price for the stock options is $7.99.
• The Reporting Persons are members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Stock.
• The Reporting Persons disclaim beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports transactions related to executive compensation. The acquisition of shares can be seen as a positive sign, but it's a routine event.

Positives

• The acquisition of RSUs and stock options by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.

Management Comments

• The Reporting Persons disclaim beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Persons are the beneficial owners of the securities of the Issuer reported herein.

Industry Context

This filing is a routine disclosure of stock-based compensation and ownership changes by a company executive, common in publicly traded companies.

Stakeholder Impact

• The granting of stock options and RSUs aligns the executive's interests with those of the shareholders.

Key Dates