HEYER ANDREW R 4
4 · Suncrete, Inc. · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
Suncrete (RMIX) Director Andrew Heyer Receives 48,000 Share Award
What Happened Andrew R. Heyer, a director of Suncrete, Inc. (RMIX), received a grant of 48,000 restricted shares of Class A common stock on April 20, 2026. The shares were awarded at $0 per share (no cash paid) and therefore have a reported acquisition value of $0 at grant. Under the award agreement Mr. Heyer has sole voting power over these shares.
Key Details
- Transaction type/date: Award/Grant (Code A) on 2026-04-20; Form 4 filed 2026-04-22 (appears timely within the SEC’s two-business-day window).
- Shares granted: 48,000 restricted Class A shares; grant price $0; reported acquisition value $0.
- Vesting schedule (footnote F1): 32,000 shares vest on April 20, 2028; 16,000 shares vest on April 20, 2029, subject to continued service.
- Voting/ownership notes: Heyer has sole voting power for the awarded shares per the award agreement.
- Other holdings (footnotes): F2 notes potential beneficial ownership of securities held by Haymaker Sponsor IV, LLC (Heyer is a managing member but disclaims beneficial ownership except to pecuniary interest). F3 describes separate RSUs granted in connection with a 2025 business combination that vest over two years.
- Shares owned after transaction: Not specified in this Form 4 filing.
Context This is an equity award (not an open-market purchase or sale). Grants like this are common for directors and are typically tied to service/retention rather than immediate market bets. Because the shares are time-vested, they do not convey immediate economic benefit until vesting conditions are met.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-20+48,000→ 48,000 total
- 3,564,267(indirect: By LLC)
Class A Common Stock
[F2] - 75,000(indirect: By LLC)
Private Placement Warrants
[F2]Exercise: $11.50From: 2026-05-08Exp: 2031-04-08→ Class A Common Stock (75,000 underlying) - 200,000
Restricted Stock Units
[F3]→ Class A Common Stock (200,000 underlying)
Footnotes (3)
- [F1]Represents 48,000 restricted shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of Suncrete, Inc. (the "Issuer") with time-based vesting criteria granted to Mr. Heyer under the Suncrete, Inc. 2026 Omnibus Incentive Plan that vest as follows: (i) 32,000 shares on April 20, 2028 and (ii) 16,000 shares on April 20, 2029; provided, that Mr. Heyer is providing services to the Issuer through each such date. Under the terms of the award agreement, Mr. Heyer has sole voting power with respect to the shares.
- [F2]Consists of shares and private placement warrants held by Haymaker Sponsor IV, LLC ("Haymaker Sponsor"). Mr. Heyer is a managing member of Haymaker Sponsor and may be deemed to have beneficial ownership of the securities held directly by Haymaker Sponsor. Mr. Heyer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that Mr. Heyer is the beneficial owner of such securities for purposes of Sections 13 and 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]Represents restricted stock units ("RSUs") of the Issuer awarded to Mr. Heyer upon closing of business combination agreement, dated as of October 9, 2025, by and between the Issuer and Haymaker Acquisition Corp. 4, among others. The RSUs will vest in two equal installments, with one-half vesting on each of the first two anniversaries of the date of grant, provided that Mr. Heyer is providing certain services to the Issuer through such date.