SATTERTHWAITE LIVINGSTON 4

What Happened Satterthwaite Livingston, a director of ERock, Inc. (EROC), was granted 13,024 restricted stock units (RSUs) on 2026-06-11. The grant was reported at $0.00 per unit (no cash paid), so the reported grant value at issuance is $0. These RSUs represent the right to receive one share of Class A common stock per unit upon vesting. This was an award/grant (transaction code A), not a purchase or sale.

Key Details

• Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (timely filing).
• Transaction type/code: Grant/Award (A).
• Amount: 13,024 RSUs; reported price $0.00; reported aggregate value $0 at grant.
• Vesting: Per footnote, the RSUs vest on the earlier of the first anniversary of the grant date or the issuer's next annual meeting of stockholders, subject to continued service. Each RSU equals one share upon vesting. (Footnote F1)
• Shares owned after transaction: Not specified in the reported filing.
• Filing timeliness: Filed the next day; not indicated as late.

Context RSUs are compensatory awards that convert to actual shares only upon vesting, so they do not necessarily represent immediate share ownership or liquidity. Tax withholding or share withholding may occur when RSUs vest. Director RSU grants are common as part of board compensation and are not the same as open-market purchases or sales; they should be viewed as part of routine compensation unless accompanied by other trading activity.