Form 4: P10 Inc. Insiders Report Transactions Involving Class A Common Stock and Restricted Stock Units

Sentiment:

SEC Form 4


Multiple insiders, including directors and entities associated with P10, Inc., report transactions involving Class A Common Stock and the vesting of Restricted Stock Units.

Summary

  • This Form 4 filing details changes in beneficial ownership of P10, Inc. securities by several reporting persons.
  • The reporting persons include 210 Capital, LLC, Covenant RHA Partners, L.P., CCW/LAW Holdings, LLC, Mr. Webb, RHA Investments, Inc., and Mr. Alpert.
  • Transactions reported include the vesting of 442,064 Restricted Stock Units (RSUs) into Class A Common Stock on October 23, 2024.
  • Mr. Webb directly disposed of 231,843 shares of Class A Common Stock to cover tax obligations at a price of $11.27 per share on October 23, 2024.
  • Mr. Webb directly owns 544,371 shares of Class A Common Stock.
  • Mr. Alpert directly owns 339,028 shares of Class A Common Stock.
  • 210/P10 owns 2,500,000 shares of Class A Common Stock.
  • The reporting persons may be deemed to be members of a group under Section 13 that collectively beneficially owns more than 10% of the Issuer's Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into insider transactions.

Stakeholder Impact

  • The vesting of RSUs and subsequent sale of shares by Mr. Webb could have a minor impact on shareholders due to the increased number of shares in the market.

Key Dates

DateDescription
October 20, 2023Date of Mr. Webb's Executive Transition Agreement.
October 23, 2023Mr. Webb was previously granted 107,527 RSUs.
January 2, 2024Mr. Webb was previously granted 97,848 RSUs.
April 1, 2024Mr. Webb was previously granted 118,765 RSUs.
July 1, 2024Mr. Webb was previously granted 117,924 RSUs.
October 23, 2024Date of earliest transaction, vesting of RSUs, termination of Transition Agreement, and stock disposal.
October 25, 2024Date of Form 4 signature.

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