HEYER ANDREW R 4
Research Summary
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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.