EagleRock director granted 7,534 RSUs

A director of EagleRock Land, LLC received 7,534 RSUs and reports indirect interests in two 50,000‑share Class A positions.

Rhea-AI Filing Summary

EagleRock Land, LLC (EROK) director Nelson James Carl reported an equity award of 7,534 Restricted Share Units (RSUs) on September 10, 2026 under the EagleRock Land, LLC Long Term Incentive Plan. Each RSU represents a contingent right to receive one Class A share, vesting in full on October 9, 2027, subject to continued Board service and any deferral elections. Following this grant, he holds 7,534 Class A shares directly and also has indirect interests in 50,000 Class A shares held by JMP Partners, Ltd. and 50,000 Class A shares held by Longspar Capital, Inc., over which he may exercise voting and investment control but for which he disclaims beneficial ownership beyond any pecuniary interest.

Insider Trade Summary

Grant/Award: 7,534 shares

Grant/Award 3 txns

Insider Nelson James Carl

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A shares F1	7,534	$0.00	$0.00
holding	Class A shares F2	--	--	--
holding	Class A shares F3	--	--	--

Holdings After Transaction: Class A shares — 7,534 shares (Direct); Class A shares — 100,000 shares (Indirect, See Footnote)

Footnotes (3)

1. F1. On September 10, 2026, the Reporting Person was granted 7,534 Restricted Share Units ("RSUs") under the EagleRock Land, LLC Long Term Incentive Plan. Each RSU is a contingent right to receive one Class A share upon settlement. The RSUs vest in full on October 9, 2027, subject to continued Board service through that date and any deferred settlement elections made by the Reporting Person, in which case settlement will occur in accordance with the Reporting Person's elected deferral schedule.
2. F2. Includes 50,000 Class A shares which are held by JMP Partners, Ltd. ("JMP Partners"). The Nelson Management Trust is the limited and general partner of JMP Partners. The Reporting Person and his wife are each settlors of The Nelson Management Trust. As a result of the foregoing, the Reporting Person may exercise voting and investment control over the Class A shares held by JMP Partners, and may be deemed to be the beneficial owner thereof. The Reporting Person disclaims beneficial ownership of the Class A shares in excess of his pecuniary interest therein, if any.
3. F3. Includes 50,000 Class A shares which are held by Longspar Capital, Inc. ("Longspar Capital"). Longspar Capital is a wholly owned subsidiary of Warren Equipment Company. Longspar Partners, Ltd. owns 95% of the common stock of Warren Equipment Company. The Nelson 2008 Descendants Trust owns 98% of the limited partner interests in Longspar Partners, Ltd. The Reporting Person is the trustee and beneficiary of The Nelson 2008 Descendants Trust. As a result of the foregoing, the Reporting Person may exercise voting and investment control over the Class A shares held by Longspar Capital, and may be deemed to be the beneficial owner thereof. The Reporting Person disclaims beneficial ownership of the Class A shares in excess of his pecuniary interest therein, if any.

Key Figures

RSUs granted: 7,534 units Direct Class A shares after grant: 7,534 shares RSU vesting date: October 9, 2027 +2 more

5 metrics

RSUs granted 7,534 units Restricted Share Units granted on September 10, 2026 under the Long Term Incentive Plan

Direct Class A shares after grant 7,534 shares Direct holdings following the September 10, 2026 RSU grant

RSU vesting date October 9, 2027 Date when the 7,534 RSUs vest in full, subject to continued Board service

Indirect JMP Partners holdings 50,000 Class A shares Class A shares held by JMP Partners, Ltd. over which the director may exercise voting and investment control

Indirect Longspar Capital holdings 50,000 Class A shares Class A shares held by Longspar Capital, Inc. over which the director may exercise voting and investment control

Key Terms

Restricted Share Units, Long Term Incentive Plan, contingent right, beneficial owner, +1 more

5 terms

Restricted Share Units financial

"was granted 7,534 Restricted Share Units ("RSUs") under the EagleRock Land, LLC Long"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Long Term Incentive Plan financial

"7,534 Restricted Share Units ("RSUs") under the EagleRock Land, LLC Long Term Incentive Plan"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

contingent right financial

"Each RSU is a contingent right to receive one Class A share upon settlement"

beneficial owner financial

"may be deemed to be the beneficial owner thereof. The Reporting Person disclaims"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

pecuniary interest financial

"disclaims beneficial ownership of the Class A shares in excess of his pecuniary interest"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did EagleRock Land, LLC (EROK) director Nelson James Carl receive?

He was granted 7,534 Restricted Share Units (RSUs) on September 10, 2026 under the EagleRock Land, LLC Long Term Incentive Plan, each representing a contingent right to receive one Class A share upon settlement.

When do the 7,534 RSUs granted to the EROK director vest?

The 7,534 RSUs vest in full on October 9, 2027, subject to his continued service on the Board through that date and any deferred settlement elections he may have made, in which case settlement follows his elected deferral schedule.

How many EagleRock Land (EROK) Class A shares does the director hold directly after this Form 4?

After the reported grant, he holds 7,534 Class A shares directly, corresponding to the 7,534 RSUs that represent a contingent right to receive one Class A share per RSU upon settlement.

What indirect Class A share interests related to EROK does the director report through JMP Partners?

He reports that 50,000 Class A shares are held by JMP Partners, Ltd., over which he may exercise voting and investment control and may be deemed a beneficial owner, while disclaiming beneficial ownership beyond his pecuniary interest, if any.

What indirect Class A share interests related to EROK does the director report through Longspar Capital?

He reports that 50,000 Class A shares are held by Longspar Capital, Inc., over which he may exercise voting and investment control and may be deemed a beneficial owner, while disclaiming beneficial ownership beyond his pecuniary interest, if any.

Were the reported EROK transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for these transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 06:48 PM Accepted by SEC EDGAR 09/14/2026 - 06:48 PM Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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^*

Nelson James Carl

(Last) (First) (Middle)

C/O EAGLEROCK LAND, LLC

9655 KATY FREEWAY, SUITE 375

(Street)

HOUSTON TEXAS 77024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EagleRock Land, LLC [ EROK ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

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

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

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

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 shares	09/10/2026		A		7,534(1)	A	$0.00	7,534	D
Class A shares								50,000	I	See Footnote(2)
Class A shares								50,000	I	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

Explanation of Responses:

1. On September 10, 2026, the Reporting Person was granted 7,534 Restricted Share Units ("RSUs") under the EagleRock Land, LLC Long Term Incentive Plan. Each RSU is a contingent right to receive one Class A share upon settlement. The RSUs vest in full on October 9, 2027, subject to continued Board service through that date and any deferred settlement elections made by the Reporting Person, in which case settlement will occur in accordance with the Reporting Person's elected deferral schedule.

2. Includes 50,000 Class A shares which are held by JMP Partners, Ltd. ("JMP Partners"). The Nelson Management Trust is the limited and general partner of JMP Partners. The Reporting Person and his wife are each settlors of The Nelson Management Trust. As a result of the foregoing, the Reporting Person may exercise voting and investment control over the Class A shares held by JMP Partners, and may be deemed to be the beneficial owner thereof. The Reporting Person disclaims beneficial ownership of the Class A shares in excess of his pecuniary interest therein, if any.

3. Includes 50,000 Class A shares which are held by Longspar Capital, Inc. ("Longspar Capital"). Longspar Capital is a wholly owned subsidiary of Warren Equipment Company. Longspar Partners, Ltd. owns 95% of the common stock of Warren Equipment Company. The Nelson 2008 Descendants Trust owns 98% of the limited partner interests in Longspar Partners, Ltd. The Reporting Person is the trustee and beneficiary of The Nelson 2008 Descendants Trust. As a result of the foregoing, the Reporting Person may exercise voting and investment control over the Class A shares held by Longspar Capital, and may be deemed to be the beneficial owner thereof. The Reporting Person disclaims beneficial ownership of the Class A shares in excess of his pecuniary interest therein, if any.

	/s/ Robert W. Hunt Jr., Attorney-In-Fact	09/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)