ERock president disposes 617K Class B Units
ERock, Inc. president Corey Amthor reported IPO-related transactions involving the company’s dual-class structure.
Rhea-AI Filing Summary
ERock, Inc. president Corey Amthor reported IPO-related transactions involving the company’s dual-class structure. On June 11, 2026, he disposed of 617,442 Class B Units of Enchanted Rock Holdings, LLC to the issuer at $19.85 per unit in connection with the closing of ERock’s initial public offering. In conjunction with this sale, an equivalent 617,442 shares of Class B Common Stock held by Amthor were automatically cancelled. After these moves, he held 4,088,432 shares of Class B Common Stock directly and 1,534,876 shares indirectly through Amthor Family Holdings, Ltd., while the Class B Units remain exchangeable one-for-one into Class A Common Stock or cash at the issuer’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
Disposition: 1,234,884 shares
Disposition
3 txns
Insider
Amthor Corey
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class B Units | 617,442 | $19.85 | $12.26M |
| Disposition | Class B Common Stock | 617,442 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Units — 4,088,432 contracts (Direct);
Class B Common Stock — 4,088,432 shares (Direct);
Class B Common Stock — 1,534,876 shares (Indirect, By Amthor Family Holdings, Ltd.)
Footnotes (2)
- F1. Represents Class B Units of Enchanted Rock Holdings, LLC sold by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price per Class B Unit of $19.85 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO, less the Reporting Person's share of offering expenses). In connection with such sale, the Issuer automatically cancelled an equivalent number of shares of Class B Common Stock held by the Reporting Person.
- F2. The Class B Units are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer or cash (at the Issuer's election). Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.
Key Figures
Units disposed: 617,442 Class B Units
Disposition price: $19.85 per Class B Unit
Shares cancelled: 617,442 Class B Common shares
+2 more
5 metrics
Units disposed
617,442 Class B Units
Disposed to issuer at closing of IPO
Disposition price
$19.85 per Class B Unit
Price equals underwriters’ Class A share price less expenses
Shares cancelled
617,442 Class B Common shares
Automatically cancelled upon unit sale to issuer
Direct Class B holdings after
4,088,432 shares
Class B Common Stock held directly by Corey Amthor
Indirect Class B holdings after
1,534,876 shares
Class B Common Stock via Amthor Family Holdings, Ltd.
Key Terms
Class B Units, initial public offering, disposition to issuer, exchangeable, +1 more
5 terms
Class B Units financial
"Represents Class B Units of Enchanted Rock Holdings, LLC sold by the Reporting Person to the Issuer"
initial public offering financial
"sold by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
exchangeable financial
"The Class B Units are exchangeable, at the holder's option, on a one-for-one basis"
Class A Common Stock financial
"into shares of Class A Common Stock of the Issuer or cash"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ERock (EROC) president Corey Amthor report?
Corey Amthor reported disposing of 617,442 Class B Units to ERock at $19.85 per unit. In connection with this sale, the company automatically cancelled 617,442 related shares of Class B Common Stock that he held directly.
How is Corey Amthor’s ERock (EROC) transaction linked to the IPO?
The sale of 617,442 Class B Units occurred in connection with the closing of ERock’s initial public offering. The price matched the underwriters’ per-share price for Class A Common Stock, adjusted for Amthor’s share of offering expenses.
What are ERock (EROC) Class B Units and how can they be exchanged?
ERock’s Class B Units are exchangeable at the holder’s option on a one-for-one basis into Class A Common Stock or cash. When a Class B Unit is exchanged, the corresponding share of Class B Common Stock is automatically cancelled by the issuer.
Was Corey Amthor’s ERock (EROC) transaction an open-market sale?
No. The Form 4 describes a disposition to the issuer, not an open-market sale. Amthor sold 617,442 Class B Units directly to ERock, which then automatically cancelled an equivalent number of his Class B Common Stock shares.
What transaction code was used in Corey Amthor’s ERock (EROC) Form 4?
The Form 4 uses transaction code “D,” indicating a disposition to the issuer. This code applies both to the 617,442 Class B Units sold to ERock and to the related reduction in Class B Common Stock that was automatically cancelled.
AI-generated analysis. How Rhea-AI works. Not financial advice.
