ERock, Inc.·4

Jun 12, 6:18 PM ET

Amthor Corey 4

Research Summary

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ERock (EROC) President Corey Amthor Sells 617,442 Units for $12.3M

What Happened
Corey Amthor, President of ERock, disposed of 617,442 Class B units to the issuer on June 11, 2026 in connection with the closing of ERock's initial public offering. The units were sold at $19.85 per unit, generating proceeds of approximately $12,256,224. The filing shows a related automatic cancellation of an equivalent number of Class B common shares held by Amthor.

Key Details

  • Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (timely filing).
  • Disposition: 617,442 Class B units sold to the issuer at $19.85/unit; total ~$12,256,224.
  • Additional filing line shows a related cancellation/disposition (N/A price) reflecting the automatic cancellation of equivalent Class B common stock.
  • Post-transaction holdings: Not specified in the Form 4 filing.
  • Footnote summary:
    • F1: Sale was of Class B units to the issuer at $19.85 per unit (the IPO per-share price less Amthor’s share of offering expenses); equivalent Class B common stock was cancelled.
    • F2: The Class B units are exchangeable, at holder’s option, one-for-one into Class A common stock or cash (issuer’s election); an exchanged unit results in cancellation of the corresponding Class B common share.

Context
This was not an open-market sale but a disposition tied to the IPO closing and internal unit/share cancellations. For retail investors, note this is a company-led transaction related to the IPO structure rather than a routine insider sell in the public market; it reflects conversion/sale mechanics rather than an ordinary-market trade.