Heinlein Matthew Ian 4

What Happened
Matthew Ian Heinlein, Vice President, Head of Corporate Development & Strategy at WhiteHawk Minerals (WHK), received equity awards and reported an issuer redemption. The Form 4 discloses: a 100-share award/acquisition on 2026-03-02, a 5,584-share award/acquisition on 2026-06-08, and a 100-share disposition to the issuer (redemption) on 2026-06-10. Per the filing footnotes, some acquisitions involved Series D preferred shares acquired at $1,000 per share that were later reorganized into Class A common stock and redeemed in connection with the company’s IPO; the redemption included the $1,000 stated value plus accrued dividends/amounts to satisfy the preferred holders’ minimum return.

Key Details

• Transaction dates: 2026-03-02 (100 shares, acquisition), 2026-06-08 (5,584 shares, acquisition), 2026-06-10 (100 shares, disposition to issuer).
• Prices reported as N/A for the common share entries; footnotes state Series D preferred was acquired at $1,000 per share and redeemed for the $1,000 stated value plus $5,621.92 of accrued dividends/additional amounts to reach the Minimum Return.
• Shares owned after the transactions: not specified in this Form 4.
• Filing notes: Transactions included pre-registration activity and are reported under Rule 16a-2(a) (pre-IPO transactions reported in connection with the issuer’s registration/IPO).
• No 10b5-1 plan or tax-withholding note is indicated in the filing.

Context

• These transactions reflect awards/conversions and an IPO-related redemption, not open-market buys or typical executive sell-downs. Acquisitions stem from preferred-stock holdings and a reorganization into Class A common; the 100-share disposition was a redemption by the issuer tied to the IPO process. Such corporate restructurings and IPO redemptions are routine and differ from market-timed insider purchases or sales.