Patterson Mark R 4

What Happened

• Mark R. Patterson, a director of ERock, Inc. (EROC), received a grant of 13,024 restricted stock units (RSUs) on 2026-06-11. The reported acquisition price is $0.00 (an award/compensation grant), so no cash was paid. The filing does not specify an immediate market value — future value depends on ERock’s share price when/if the RSUs vest and convert to shares.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (appears timely).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 13,024 restricted stock units; acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The 13,024 RSUs will vest on the earlier of (a) the first anniversary of the grant date or (b) the issuer’s next annual meeting of stockholders, subject to Patterson’s continued service. Each RSU converts to one share of Class A common stock upon vesting.
• No 10b5-1 plan, tax-withholding sale, or late filing indicated in the provided information.

Context

• Restricted stock units are a form of equity compensation that convert to actual shares only upon vesting; they do not represent immediately tradable shares. Such director grants are common as compensation and should be interpreted as compensation-related awards rather than open-market insider purchases or sales.