Herz Daniel C 4
4 · WhiteHawk Minerals Corp. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
WhiteHawk Minerals 10% Owner Daniel Herz Receives Awards
What Happened
Daniel C. Herz, a 10% owner of WhiteHawk Minerals Corp. (WHK) and managing member of affiliated entities, reported multiple equity acquisitions and one small disposition. The filing shows acquisitions/awards of 185,729; 358,893; 3,750,000; another 3,750,000 (one of these noted as a derivative) and an earlier 2,000-share grant (March 2), and a disposition of 2,000 shares back to the issuer (June 10). Most transactions list no per-share price (N/A). Footnotes indicate some of these transactions involved Series D Preferred stock (acquired at $1,000 per share), a reorganization converting securities into Class A and Class B common stock and redeemable common units, and a redemption of the Series D at IPO for $1,000 per share plus accrued dividends.
Key Details
- Transaction dates: March 2, 2026 (2,000-share grant); June 8, 2026 (multiple grants/acquisitions including a derivative entry); June 10, 2026 (2,000-share disposition to issuer).
- Reported amounts: 2,000; 185,729; 358,893; 3,750,000; 3,750,000 (one marked derivative). Most prices are listed as N/A; a footnote states Series D preferred was acquired at $1,000 per share.
- Shares owned after transaction: the filing does not state a single consolidated post-transaction total for Herz; beneficial ownership is reported via entities (see below).
- Notable footnotes:
- F1: Some activity occurred prior to the issuer’s registration/IPO and is reported under Rule 16a-2(a).
- F2/F5: Series D Preferred was acquired for $1,000/share and later redeemed at IPO for $1,000/share plus accrued dividends.
- F3/F6: Some shares reflect a reorganization into Class A and Class B common stock and common units (common units are redeemable/exchangeable for Class A shares).
- F4: Herz is sole managing member of entities that hold the reported stock; he may be deemed to beneficially own those shares but disclaims beneficial ownership except for his pecuniary interest.
- Filing timeliness: the filing date is June 12, 2026 for transactions dated March–June 2026; the Form 4 does not flag a late filing in the data provided here.
Context
- Several entries represent awards/conversions and at least one derivative entry; these are corporate reorganizations and preferred/redemption events rather than open-market purchases.
- As a 10% owner acting through affiliated entities, Herz’s reported activity reflects ownership and corporate restructuring mechanics (preferred redemptions, unit-to-share exchanges) more than routine executive buy/sell trading.
- Because many line items show "N/A" for price, the filing does not provide clear dollar values for most of the reported share moves.
Insider Transaction Report
Form 4
Herz Daniel C
DirectorCEO, President & Chairman10% Owner
Transactions
- Award
Series D Preferred Stock
[F1][F2]2026-03-02+2,000→ 2,000 total - Award
Class A Common Stock
[F1][F3]2026-06-08+185,729→ 185,729 total - Award
Class A Common Stock
[F1][F3][F4]2026-06-08+358,893→ 358,893 total(indirect: By LLC) - Award
Class B Common Stock
[F1][F3][F4]2026-06-08+3,750,000→ 3,750,000 total(indirect: By LLC) - Disposition to Issuer
Series D Preferred Stock
[F5]2026-06-10−2,000→ 0 total - Award
Common Units
[F6][F1][F3][F4]2026-06-08+3,750,000→ 3,750,000 total(indirect: By LLC)→ Class A Common Stock (3,750,000 underlying)
Footnotes (6)
- [F1]This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).
- [F2]Represents an acquisition of Series D Preferred Stock from the Issuer for $1,000 per share.
- [F3]Represents an acquisition of shares of Class A Common Stock, Class B Common Stock and common units of WhiteHawk Income Operating Partnership L.P. ("Common Units") pursuant to a reorganization of the Issuer.
- [F4]Mr. Herz serves as the sole Managing Member of WhiteHawk Energy LLC, which in turn serves as the sole Managing Member of WhiteHawk Minerals LLC. In such capacity, Mr. Herz exercises sole voting and investment power over the shares of Class A common stock and Class B common stock held by WhiteHawk Minerals LLC and may therefore be deemed to beneficially own such shares. Mr. Herz disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F5]The Series D Preferred Stock was redeemed by the Issuer in connection with the consummation of its initial public offering, for an amount consisting of (i) the stated value of $1,000 per share and (ii) $112,438.36 of accrued dividends and additional amounts necessary such that the holder received the Minimum Return (as defined in the Certificate of Designations of the Series D Preferred Stock).
- [F6]Each Common Unit may be redeemed or exchanged for one share of Class A Common Stock, and a corresponding number of Class B Common Stock will be cancelled for no consideration. The Common Units have no expiration date.