Kobler Hans 4
4 · ERock, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
ERock (EROC) 10% Owner Hans Kobler Receives 19.35M Shares, Sells 6.04M
What Happened
- Hans Kobler, reported as a 10% owner and a nominee to ERock’s board, was involved in IPO-related reorganizations on June 11, 2026. As part of blocker merger consideration, FT-B (an entity the reporting person may be deemed to beneficially own) received 19,350,897 Class A shares and about $27.8 million in cash. On the same date, 6,041,206 Class B units held by Flagship were repurchased by the issuer (an open-market/private sale/derivative disposition) and an equal number of Class B common shares were cancelled. The Form 4 shows no per-share price (N/A) for these entries.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-15.
- Acquired: 19,350,897 Class A shares (via block merger consideration; cash of ~ $27.8M also paid to FT-B).
- Disposed: 6,041,206 Class B units/shares (issuer used ~ $119.9M of IPO proceeds to repurchase these units from Flagship; corresponding Class B common shares cancelled).
- Prices per share: Not reported on the Form 4 (N/A).
- Shares owned after transaction: The filing does not state a single consolidated post-transaction total for the reporting person; FT-B directly holds the 19,350,897 Class A shares and the 6,041,206 Class B units held by Flagship were repurchased/cancelled.
- Footnotes of note: (F2) describes the blocker merger that generated the Class A shares; (F6) notes the issuer’s repurchase of Class B units using IPO proceeds; (F7–F8) explain Class B common stock has no economic value, is one vote per share, and Class B units are exchangeable 1-for-1 into Class A shares.
- Filing timeliness: Filed within a few days of the transaction; not marked late.
Context
- This activity reflects deal-related restructuring tied to ERock’s IPO (blocker merger and repurchase of Class B units), not a standard open-market buy or sell for trading gain. The reporting person is a 10% owner via several related entities; voting and investment decisions are made by an investment committee (per footnotes), so these moves are institutional/transactional in nature rather than individual, discretionary insider trading.
Insider Transaction Report
Form 4
ERock, Inc.EROC
Kobler Hans
Director10% 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 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 the Reporting Person, 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 the Reporting Person (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, including the Reporting Person,
- [F5](Continued from footnote 4) 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 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.
Signature
/s/ Daniel Reichert, as attorney-in-fact for Hans Kobler|2026-06-15