Form 4: P10 Inc. Executives and 10% Owners Report Class A Common Stock Transactions

Sentiment:

SEC Form 4


Multiple P10 Inc. executives and entities report the sale of Class A Common Stock, with transactions executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On October 18, 2024, several reporting persons, including 210 Capital, LLC, Covenant RHA Partners, L.P., CCW/LAW Holdings, LLC, Robert H Alpert, and C Clark Webb, filed Form 4 documents detailing changes in beneficial ownership of P10, Inc. [PX] securities.
  • 210 Capital, LLC sold 68,446 shares of Class A Common Stock at a weighted average price of $11.2885 per share, with prices ranging from $11.25 to $11.35.
  • Following the reported transaction, 210 Capital, LLC indirectly holds 2,500,000 shares of Class A Common Stock through 210/P10 Acquisition Partners, LLC.
  • Robert H Alpert directly owns 339,028 shares of Class A Common Stock.
  • C Clark Webb directly owns 334,150 shares of Class A Common Stock.
  • The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by insiders. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and 10% owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment and potential future performance.

Stakeholder Impact

  • Shareholders may interpret the stock sales as a signal, although the sales were conducted under a pre-arranged trading plan.
  • The impact on employees, customers, suppliers, and creditors is likely minimal, as this is a routine disclosure of insider transactions.

Key Dates

DateDescription
2023-12-10210/P10 adopted a Rule 10b5-1 trading plan
2024-10-18Date of the reported transactions
2024-10-22Date of signature on the Form 4

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