Matteson Mark R 4

What Happened

• Mark R. Matteson, a director of Suncrete, Inc. (RMIX), was granted 96,000 restricted shares of Class B Common Stock on April 20, 2026. The shares were reported as an award (code A) at $0.00 per share (total reported value $0) and are treated as a derivative equity award subject to vesting.

Key Details

• Transaction date: April 20, 2026; Form 4 filed April 22, 2026 (timely).
• Award: 96,000 restricted Class B shares, acquisition price $0.00 (derivative/award).
• Vesting: 64,000 shares vest on April 20, 2028; 32,000 shares vest on April 20, 2029, contingent on continued service.
• Voting/ownership: Under the award agreement Mr. Matteson has sole voting power over the awarded shares. The filing does not state total shares owned after the grant.
• Notes from filing: Class B shares convert 1:1 to Class A in various circumstances and carry 10 votes per share. Class B shares do not expire.
• Special remark: A prior Form 3 (Apr 8, 2026) noted potential beneficial ownership via Dothan Concrete Investors, LLC due to a past affiliation; the Form 4 clarifies Mr. Matteson was not an executive officer of SunTx Capital Management Corp. as of Apr 8 and does not directly own securities held by that entity—those securities are excluded from this Form 4.

Context

• This was a time‑based restricted stock award (an equity compensation grant), not an open‑market purchase or sale. Such awards typically reflect compensation or retention incentives and vest over time; they do not represent an immediate cash outlay or sale of stock. Because the shares are Class B (10 votes each and convertible to Class A), they carry enhanced voting power while subject to the stated vesting schedule.