Owens Charles E 4

What Happened

• Charles E. Owens, a director of Suncrete, Inc. (RMIX), was granted 48,000 restricted shares of Class B common stock on April 20, 2026. The award was reported as an acquisition (derivative award) at $0.00 per share (no cash paid). The shares are subject to time-based vesting and were granted under Suncrete’s 2026 Omnibus Incentive Plan.

Key Details

• Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely filing).
• Grant: 48,000 restricted Class B shares; reported price $0.00 (award/derivative).
• Vesting: 32,000 shares vest on April 20, 2028 and 16,000 shares vest on April 20, 2029, contingent on continued service.
• Voting/ownership: Mr. Owens has sole voting power over these shares per the award agreement.
• Class B features: Class B shares carry 10 votes per share, convertable into Class A shares in certain circumstances, and vote together with Class A as a single class (see footnotes for convertibility rules).
• Shares owned after transaction: not specified in the filing.

Context

• This was an equity award (grant) rather than a market purchase or sale; because the shares vest over time, they do not represent immediately tradable stock or immediate proceeds. Awards like this are common compensation for executives and directors and should be interpreted as part of long-term incentive arrangements rather than short-term market sentiment.