Mehana Ventures LLC 3
3 · Pono Capital Four, Inc. · Filed Mar 13, 2026
Insider Transaction Report
Form 3
Mehana Ventures LLC
10% Owner
Holdings
Class B Ordinary Shares
[F1][F2]→ Class A Ordinary Shares (5,550,650 underlying)
Footnotes (2)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination, or earlier at the option of the holders thereof on a one-for-one basis, subject to the adjustments. The Class B ordinary shares have no expiration date.
- [F2]Represents 5,550,650 Class B ordinary shares held by Mehana Ventures LLC, the Issuer's sponsor, after the Issuer forfeited 1,468,571 of the 7,392,857 Class B ordinary shares originally purchased by the Issuer's Sponsor for $25,000. The Issuer also transferred an aggregate of 363,636 Founder Shares to direct institutional investors in connection with a private placement that is closing simultaneously with the initial public offering. Includes an aggregate of up to 771,429 Class B ordinary shares that are subject to forfeiture to the extent the over-allotment option is not exercised in full in connection with the Issuer's initial public offering.
Signature
Mehana Ventures LLC By: Mehana Management LLC, its Managing Member By: /s/ Dustin Shindo Name: Dustin Shindo Title: Manager|2026-03-13