EQV Ventures Acquisition Corp. (FTW U) sponsor exits SPAC shares in merger

Rhea-AI Filing Summary

EQV Ventures Sponsor LLC and related insiders reported dispositions of all their EQV Ventures Acquisition Corp. securities in connection with the closing of a previously signed business combination. The Sponsor disposed of 8,750,000 Class B ordinary shares and 133,332 warrants at a per-share and per-warrant price of $0.00, as these positions were surrendered, cancelled, or converted into rights to receive Presidio Production Company equity under the Business Combination Agreement.

They also reported dispositions of 282,314 Class A ordinary shares directly held and 40,000 Class A ordinary shares held individually by Jerome C. Silvey, which were automatically surrendered and cancelled and converted into Presidio Class A common stock on a one-for-one basis at Closing. Following these transactions, the Sponsor and other reporting persons hold zero Class A and Class B ordinary shares of the issuer, while the converted warrants now represent rights to acquire Presidio Class A common stock at an exercise price of $11.50 per share, exercisable 30 days after Closing and expiring five years after Closing.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider EQV Ventures Sponsor LLC, Taylor Tyson E, Silvey Jerome C., Silvey Jerome Comstock III

Role 10% Owner | President and CFO | Director | CEO

Type	Security	Shares	Price	Value
Disposition	Class B ordinary shares	8,750,000	$0.00	--
Disposition	Warrants	133,332	$0.00	--
Disposition	Class A ordinary shares	282,314	$0.00	--
Disposition	Clas A ordinary shares	40,000	$0.00	--

Holdings After Transaction: Class B ordinary shares — 0 shares (Direct); Warrants — 0 shares (Direct); Class A ordinary shares — 0 shares (Direct); Clas A ordinary shares — 0 shares (Indirect, See footnote)

Footnotes (1)

1. Reference is made to the transactions contemplated by that certain Business Combination Agreement, dated as of August 5, 2025 (the "Business Combination Agreement"), by and among the issuer, Presidio Production Company (f/k/a Presidio PubCo Inc.) ("Presidio"), a Delaware corporation and a direct, wholly-owned subsidiary of the issuer, Prometheus PubCo Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Presidio, Prometheus Holdings LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of the issuer ("EQV Holdings"), Prometheus Merger Sub LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of EQV Holdings and Presidio Investment Holdings LLC, a Delaware limited liability company (the "Transactions"). In connection with the consummation of the Transactions (the "Closing"), these Class A ordinary shares of the issuer were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis pursuant to the Business Combination Agreement. Following such transaction, EQV Ventures Sponsor LLC (the "Sponsor") and the other Reporting Persons own zero Class A ordinary shares of the issuer. The Sponsor is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerome Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the securities held directly by the Sponsor except to the extent of his pecuniary interest therein. The business address of each of these individuals is c/o EQV Ventures Acquisition Corp., 1090 Center Drive, Park City, UT 84098. Represents Class A ordinary shares held individually by Jerome C. Silvey. Each of the other Reporting Persons disclaim beneficial ownership of such Class A ordinary shares. In connection with the Closing, the Sponsor surrendered an aggregate of 1,127,963 of its Class B ordinary shares directly held by the Sponsor as a contribution to capital at the Closing pursuant to certain Securities Contribution and Transfer Agreements between the Sponsor and certain holders of Presidio. In connection with the Closing and effective as of such time, the Sponsor forfeited and surrendered to the issuer 217,391 of its Class B ordinary shares directly held by the Sponsor pursuant to a forfeiture agreement dated March 2, 2026, by and among the Sponsor, the issuer, EQV Holdings and Presidio Investment Holdings LLC. In connection with the Closing, an aggregate of 7,404,646 Class B ordinary shares directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis. Following such transaction, the Sponsor owns zero Class B ordinary shares of the issuer. In connection with the Closing, an aggregate of 133,332 warrants to purchase shares of the issuer's Class A ordinary shares at an exercise price of $11.50 directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive warrants exercisable at a price of $11.50 for one share of Presidio's Class A common stock on a one-for-one basis. These warrants are to be exercisable after 30 days following the Closing and will expire five years following the Closing.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

EQV Ventures Sponsor LLC

(Last) (First) (Middle)

1090 CENTER DRIVE

(Street)

PARK CITY UT 84098

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EQV Ventures Acquisition Corp. [ FTW U ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A ordinary shares	03/04/2026		D(1)(2)		282,314	D	(1)(2)	0(1)(2)	D(1)(2)(3)
Clas A ordinary shares	03/04/2026		D(1)(2)		40,000	D	(1)(2)	0(1)(2)	I(4)	See footnote(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B ordinary shares	(5)(6)(7)	03/04/2026		D(5)(6)(7)			8,750,000(5)(6)(7)	(5)(6)(7)	(5)(6)(7)	Class A ordinary shares	8,750,000(5)(6)(7)	(5)(6)(7)	0(5)(6)(7)	D(3)(5)(6)(7)
Warrants	(8)	03/04/2026		D(8)			133,332(8)	(8)	(8)	Class A ordinary shares	133,332(8)	(8)	0(8)	D(3)(8)

1. Name and Address of Reporting Person^*

EQV Ventures Sponsor LLC

(Last) (First) (Middle)

1090 CENTER DRIVE

(Street)

PARK CITY UT 84098

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Taylor Tyson E

(Last) (First) (Middle)

1090 CENTER DRIVE

(Street)

PARK CITY UT 84098

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CFO

1. Name and Address of Reporting Person^*

Silvey Jerome C.

(Last) (First) (Middle)

1090 CENTER DRIVE

(Street)

PARK CITY NY 84098

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Silvey Jerome Comstock III

(Last) (First) (Middle)

1090 CENTER DRIVE

(Street)

PARK CITY UT 84098

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

Explanation of Responses:

1. Reference is made to the transactions contemplated by that certain Business Combination Agreement, dated as of August 5, 2025 (the "Business Combination Agreement"), by and among the issuer, Presidio Production Company (f/k/a Presidio PubCo Inc.) ("Presidio"), a Delaware corporation and a direct, wholly-owned subsidiary of the issuer, Prometheus PubCo Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Presidio, Prometheus Holdings LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of the issuer ("EQV Holdings"), Prometheus Merger Sub LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of EQV Holdings and Presidio Investment Holdings LLC, a Delaware limited liability company (the "Transactions").

2. In connection with the consummation of the Transactions (the "Closing"), these Class A ordinary shares of the issuer were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis pursuant to the Business Combination Agreement. Following such transaction, EQV Ventures Sponsor LLC (the "Sponsor") and the other Reporting Persons own zero Class A ordinary shares of the issuer.

3. The Sponsor is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerome Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the securities held directly by the Sponsor except to the extent of his pecuniary interest therein. The business address of each of these individuals is c/o EQV Ventures Acquisition Corp., 1090 Center Drive, Park City, UT 84098.

4. Represents Class A ordinary shares held individually by Jerome C. Silvey. Each of the other Reporting Persons disclaim beneficial ownership of such Class A ordinary shares.

5. In connection with the Closing, the Sponsor surrendered an aggregate of 1,127,963 of its Class B ordinary shares directly held by the Sponsor as a contribution to capital at the Closing pursuant to certain Securities Contribution and Transfer Agreements between the Sponsor and certain holders of Presidio.

6. In connection with the Closing and effective as of such time, the Sponsor forfeited and surrendered to the issuer 217,391 of its Class B ordinary shares directly held by the Sponsor pursuant to a forfeiture agreement dated March 2, 2026, by and among the Sponsor, the issuer, EQV Holdings and Presidio Investment Holdings LLC.

7. In connection with the Closing, an aggregate of 7,404,646 Class B ordinary shares directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis. Following such transaction, the Sponsor owns zero Class B ordinary shares of the issuer.

8. In connection with the Closing, an aggregate of 133,332 warrants to purchase shares of the issuer's Class A ordinary shares at an exercise price of $11.50 directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive warrants exercisable at a price of $11.50 for one share of Presidio's Class A common stock on a one-for-one basis. These warrants are to be exercisable after 30 days following the Closing and will expire five years following the Closing.

	/s/ Tyson Taylor, as Attorney-in-Fact	03/04/2026
	/s/ Tyson Taylor	03/04/2026
	** Signature of Reporting Person	Date
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FAQ

What insider dispositions were reported in EQV (FTW U) Form 4?

The filing reports dispositions of 8,750,000 Class B ordinary shares, 282,314 Class A ordinary shares, 40,000 Class A ordinary shares and 133,332 warrants. These securities were surrendered, cancelled, or converted in connection with the business combination Closing described in the Business Combination Agreement.

How were EQV Ventures Sponsor LLC Class B shares treated at the business combination Closing?

At Closing, the Sponsor surrendered or forfeited portions of its Class B ordinary shares and had 7,404,646 Class B shares automatically surrendered and cancelled, converting into the right to receive Presidio Class A common stock on a one-for-one basis under the Business Combination Agreement.

What happened to EQV (FTW U) Class A ordinary shares held by insiders?

Class A ordinary shares were automatically surrendered, cancelled, and converted into Presidio Class A common stock on a one-for-one basis at Closing. This included 282,314 Class A shares and 40,000 Class A shares held individually by Jerome C. Silvey, with other reporting persons disclaiming beneficial ownership of the latter.

How were EQV Ventures Acquisition Corp. warrants affected by the transaction?

An aggregate of 133,332 warrants to purchase EQV Class A ordinary shares at $11.50 per share were automatically surrendered and cancelled and converted into warrants exercisable for Presidio Class A common stock at $11.50 per share, exercisable 30 days after Closing and expiring five years after Closing.

Do EQV Ventures Sponsor LLC and related insiders still own EQV ordinary shares?

Following the Closing-related dispositions, the Sponsor and other reporting persons own zero Class A and zero Class B ordinary shares of EQV Ventures Acquisition Corp. Their former holdings were surrendered, forfeited, or converted into rights to receive Presidio Production Company equity under the Business Combination Agreement.

What beneficial ownership disclaimers are included for EQV insiders?

The Sponsor is governed by Managers Tyson Taylor, Jerome C. Silvey Jr., and Jerome Silvey III, who each disclaim beneficial ownership of securities held directly by the Sponsor except for their pecuniary interest. Other reporting persons also disclaim beneficial ownership of the 40,000 Class A shares held individually by Jerome C. Silvey.