Rees-Jones David 4

What Happened
David Rees-Jones, 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 a derivative acquisition at a $0.00 price (code A — grant/award). These are compensation awards rather than an open‑market purchase or sale.

Key Details

• Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely filing).
• Award size and price: 48,000 restricted Class B shares; reported acquisition price $0.00.
• Vesting: 32,000 shares vest on April 20, 2028; 16,000 shares vest on April 20, 2029, contingent on continued service.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Voting/convertibility: Class B shares convert into Class A on certain transfers or holder election and carry 10 votes per share; under the award agreement Mr. Rees-Jones has sole voting power.
• Transaction type: Derivative compensation award (not a cash purchase or sale).

Context
Restricted share awards are common executive/director compensation and reflect company-issued equity rather than an immediate cash investment by the insider. Because these shares vest over time, they signal a retention incentive but do not necessarily indicate the insider’s short-term market sentiment.