EIF ER Holdings LLC 4
4 · ERock, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
ERock (EROC) — Energy Impact Partners Acquires 19.35M Shares
What Happened
Energy Impact Partners LLC (reported as a 10% owner/beneficial owner group) was involved in IPO-related transactions on June 11, 2026. As part of blocker mergers tied to ERock’s IPO, FT-B (an EIP-related fund) received 19,350,897 shares of ERock Class A common stock and approximately $27.8 million in cash as merger consideration. Separately, 6,041,206 Class B Units held by a related EIP entity (Flagship) were repurchased/cancelled by the issuer; the filing treats those repurchases as dispositions (one entry is coded as a derivative sale).
No per‑share price is reported for these entries (N/A). The issuer used approximately $119.9 million of IPO net proceeds to repurchase 6,041,206 Class B Units from Flagship (footnotes).
Key Details
- Transaction date: June 11, 2026.
- Primary entries: +19,350,897 Class A shares to FT‑B (acquisition, code J); −6,041,206 Class B Units disposed (code J); −6,041,206 derivative sale entry (code S) related to the repurchase.
- Cash amounts disclosed in footnotes: FT‑B received ~ $27.8M; issuer used ~ $119.9M of IPO proceeds to repurchase 6,041,206 Class B Units from Flagship.
- Price per share: N/A in the Form 4 (no per‑share trading price shown).
- Shares/units after transactions: FT‑B directly holds 19,350,897 Class A shares (per footnote). Flagship’s 6,041,206 Class B Units were repurchased/cancelled.
- Notable structure/footnotes: Class B common stock has no economic value and is issued one‑for‑one with Class B Units; Class B Units are exchangeable one‑for‑one into Class A shares. The transactions arise from corporate restructuring in connection with the IPO (Blocker Mergers and unit repurchase), not a routine open‑market investment.
- Filing timeliness: Form filed June 15, 2026 for June 11 transactions (no late‑filing flag shown in the record provided).
Context
- This is institutional/placement activity tied to the company’s IPO and corporate reorganization (blocker mergers and repurchase of Class B Units), not a typical insider buy/sell by an individual executive.
- Benefit and voting attribution: Several related entities and individuals (EIP LLC, FT‑B, Flagship and nominee directors) are disclosed as sharing beneficial ownership or voting/investment power per the footnotes; investment decisions are made by EIP’s investment committee.
- For retail investors: these entries reflect IPO‑related corporate transactions and fund restructurings (receiving IPO shares and cash, and selling/ cancelling Class B Units), not a straightforward market sentiment signal like an open‑market purchase by an executive.
Insider Transaction Report
Form 4
ERock, Inc.EROC
Energy Impact Partners LLC
10% Owner
Transactions
- Other
Class A Common Stock
[F2][F1][F4][F5]2026-06-11+19,350,897→ 19,350,897 total(indirect: See Footnotes) - Other
Class B Common Stock
[F6][F7][F3][F4][F5]2026-06-11−6,041,206→ 83,355,210 total(indirect: See Footnotes) - Sale
Class B Units
[F8][F6][F3][F4][F5]2026-06-11−6,041,206→ 83,355,210 total(indirect: See Footnotes)→ Class A Common Stock (6,041,206 underlying)
Footnotes (8)
- [F1]These securities are directly held by Energy Impact Fund (FT-B) LP ("FT-B").
- [F2]In connection with the Issuer's initial public offering of Class A common stock (the "Offering"), EIF ER Blocker LLC ("EIF ER Blocker") merged with and into the Issuer pursuant to the Blocker Mergers (as defined in the Issuer's prospectus filed with Securities and Exchange Commission on June 10, 2026 (the "Prospectus")). As a result of the merger, 20,751,551 Class A Units held by EIF ER Blocker were cancelled, and, as consideration pursuant to the Blocker Mergers, FT-B received 19,350,897 shares of Class A common stock of the Issuer and approximately $27.8 million in cash from the net proceeds from the closing of the Offering.
- [F3]These securities are directly held by EIP Flagship Fund I ER Holdings LLC ("Flagship").
- [F4]Each of EIF ER Holdings LLC ("EIF ER Holdings", as the sole owner of Flagship), Energy Impact Fund (FT-D) LP ("FT-D", as owner of EIF ER Holdings), Energy Impact Partners LLC ("EIP LLC", as the managing member of EIF ER Holdings and the general partner of FT-D) and Hans Kobler, a nominee to the Issuer's Board of Directors ("Board") (as the managing member of EIP LLC), may also be deemed to be the beneficial owners having shared voting power and shared investment power of the securities held by Flagship. Each of FT-B, EIP LLC (as the general partner of FT-B) and Mr. Kobler (as the managing member of EIP LLC) may also be deemed to be the beneficial owners having shared voting power and shared investment power of the securities held by FT-B. Voting and investment decisions with respect to the securities described in this Form 4 are made by the investment committee of EIP LLC, which is comprised of seven individuals,
- [F5](Continued from footnote 4) including Mr. Kobler, Lindsay Luger and Sameer Reddy, each of whom is a nominee to the Issuer's Board. Each member of this investment committee disclaims beneficial ownership of all securities described by this Form 4 except to the extent of his or her pecuniary interest therein.
- [F6]The Issuer used approximately $119.9 million of the net proceeds from the closing of the Offering to purchase 6,041,206 Class B Units from Flagship. An equal number of shares of the Issuer's Class B common stock were cancelled in connection with the repurchase of the Class B Units.
- [F7]Shares of the Issuer's Class B common stock ("Class B Common Stock") have no economic value and have one vote per share. One share of Class B Common Stock is issued for each Class B Unit ("Class B Units") of Enchanted Rock Holdings, LLC ("ER Holdings") held. Upon an exchange of Class B Units for shares of the Issuer's Class A common stock ("Class A Common Stock"), an equivalent number of shares of Class B Common Stock held by such holder will be automatically cancelled.
- [F8]The Class B Units are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock.