Herz Daniel C 4

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.