Lott Jeff Slaughter 4
Research Summary
AI-generated summary
EagleRock Land (EROK) Director Jeff Slaughter Buys 250,000 Shares
What Happened
Director Jeff Slaughter reported a purchase of 250,000 Class A shares of EagleRock Land, LLC at $18.50 per share on May 15, 2026, for a total purchase value of $4,625,000. The shares were acquired in the issuer's initial public offering (IPO), per the filing.
Key Details
- Transaction date and price: May 15, 2026 — 250,000 shares at $18.50 each.
- Total value: $4,625,000.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: F1 states these are Class A shares representing LLC interests purchased in the Issuer's IPO that closed May 15, 2026.
- Filing timeliness: Form filed May 19, 2026 — the report indicates a late filing relative to the May 15 transaction.
Context
This was a direct purchase in the company IPO rather than a sale or option exercise. Purchases by insiders can be informative to investors, but they do not by themselves prove future performance; this filing is factual disclosure of an insider buying into the offering.