Wallace Michael Wayne 4
4 · EagleRock Land, LLC · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
EagleRock Land (EROK) Director Michael Wallace Buys 250,000 Shares
What Happened
- Director Michael Wallace purchased 250,000 Class A shares of EagleRock Land, LLC at $18.50 per share on May 15, 2026, for a total of $4,625,000. The filing reports this purchase as part of the issuer's initial public offering that closed May 15, 2026.
Key Details
- Transaction date and price: May 15, 2026 — 250,000 shares at $18.50 each.
- Total value: $4,625,000.
- Ownership after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 states the shares were purchased in the Issuer’s IPO that closed May 15, 2026. F2 explains the 250,000 shares are held by Wallace Family Partnership, LP; Michael Wallace is a limited partner and may be deemed to have voting/investment control over those shares but disclaims beneficial ownership beyond his pecuniary interest.
- Timeliness: Reported on Form 4 filed May 19, 2026; this meets the two-business-day filing requirement for a May 15 transaction (timely).
Context
- This was a purchase in the company’s IPO rather than a secondary market buy; the shares are Class A LLC interests. The filing indicates attribution via a family partnership, so beneficial ownership is reported through that entity rather than solely in the individual’s name.
Insider Transaction Report
Form 4
Wallace Michael Wayne
Director
Transactions
- Purchase
Class A shares
[F1][F2]2026-05-15$18.50/sh+250,000$4,625,000→ 250,000 total(indirect: See Footnote)
Footnotes (2)
- [F1]Represents Class A shares representing limited liability company interests (the "Class A shares") of EagleRock Land, LLC (the "Issuer"), purchased by the Reporting Person in the Issuer's initial public offering, which closed on May 15, 2026.
- [F2]Includes 250,000 Class A shares which are held by Wallace Family Partnership, LP ("Wallace Family Partnership"). The Reporting Person is a limited partner of Wallace Family Partnership, and the Reporting Person and his wife each individually own 50% of the ownership interests in Wallace Family Partnership. The Reporting Person and his wife are both managers of, and each individually own 50% of the ownership interest of, the sole general partner of Wallace Family Partnership. As a result of the foregoing, the Reporting Person may exercise voting and investment control over the Class A shares held by Wallace Family Partnership and may be deemed to be the beneficial owner thereof. The Reporting Person disclaims beneficial ownership of Class A shares in excess of his pecuniary interest therein, if any.
Signature
/s/ Robert W. Hunt Jr., Attorney-In-Fact|2026-05-19