Presidio (FTW) 10% Owner EQV Resources Partners Disposes 3.42M Shares

What Happened
EQV Resources Partners LLC, reported as a 10% owner of Presidio Production Company (FTW), disclosed a disposition of 3,422,260 shares of Presidio Class A common stock on 2026-09-09. The transaction is reported with a $0.00 per-share price and $0 total proceeds — the filing shows the shares were distributed to members rather than sold for cash.

Key Details

• Transaction date and filing: 2026-09-09 (transaction); Form 4 filed 2026-09-10 (appears timely).
• Transaction type/code: "Other acquisition or disposition (J)" reported as a disposition with $0 proceeds.
• Shares disposed: 3,422,260 Class A shares at $0.00 per share; reported total proceeds $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 explains the shares were distributed without consideration by EQV Resources Intermediate LLC to members of EQV Resources Partners LLC under LLC agreements; F2 notes EQV Partners may be deemed to beneficially own securities held by EQV Resources Intermediate LLC but disclaims beneficial ownership except to the extent of pecuniary interest; F3 notes EQV Partners is managed by a five-member board.

Context
This was a distribution to members of the LLC structure, not an open-market sale; distributions or gifts do not necessarily signal the same market intent as cash sales. As a 10% owner (institutional entity), this filing reflects entity-level ownership changes rather than an individual executive trade.