Presidio insider moves 3.4M shares in restructuring

A ten-percent owner entity of PRESIDIO PRODUCTION Co restructured its holdings, distributing over 3.4 million Class A shares to its members with no reported consideration.

Rhea-AI Filing Summary

PRESIDIO PRODUCTION Co (FTW) received a Form 4 reporting that entities associated with EQV Resources Partners LLC disposed of 3,422,260 shares of Class A common stock on September 9, 2026 through an internal restructuring transaction. The shares held directly by EQV Resources Intermediate LLC were distributed, without consideration, to the members of EQV Resources Partners LLC in accordance with their limited liability company agreements, and the reporting entities show zero shares held indirectly after the transaction. EQV Resources Partners LLC states it may be deemed to beneficially own the securities held by EQV Resources Intermediate LLC by virtue of its ownership of that entity but disclaims beneficial ownership except to the extent of its pecuniary interest. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Other: 3,422,260 shares

Other 1 txn

Insider EQV Resources Partners LLC, EQV Resources Intermediate LLC

Role 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
Other	Class A Common Stock F1, F2, F3	3,422,260	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 0 shares (Indirect, By virtue of its ownership of EQV Resources Intermediate LLC)

Footnotes (3)

1. F1. EQV Resources Intermediate LLC and EQV Resources Partners LLC distributed the shares of Class A common stock, par value $0.0001 per share, of Presidio Production Company held directly by EQV Resources Intermediate LLC to the members of EQV Resources Partners LLC, without consideration, in accordance with the provisions of the limited liability company agreements of each of EQV Resources Intermediate LLC and EQV Resources Partners LLC.
2. F2. EQV Resources Partners LLC may be deemed to beneficially own the securities held directly by EQV Resources Intermediate LLC by virtue of its ownership of EQV Resources Intermediate LLC. EQV Resources Partners LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
3. F3. EQV Resources Partners LLC is managed by a board consisting of five individuals.

Key Figures

Shares disposed in restructuring: 3,422,260 shares Price per share: $0.00 per share Shares held after transaction: 0 shares +1 more

4 metrics

Shares disposed in restructuring 3,422,260 shares Class A common stock distributed on September 9, 2026

Price per share $0.00 per share Reported transaction price for the internal distribution

Shares held after transaction 0 shares Indirect holdings reported following the September 9, 2026 transaction

Restructuring shares 3,422,260 shares Classified as restructuring (other acquisition or disposition) in transaction summary

Key Terms

beneficially own, pecuniary interest, without consideration, limited liability company agreements

4 terms

beneficially own financial

"EQV Resources Partners LLC may be deemed to beneficially own the securities"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

pecuniary interest financial

"disclaims beneficial ownership of such securities except to the extent of its pecuniary interest"

without consideration financial

"distributed the shares ... to the members ... without consideration"

Action described as "without consideration" means a transfer, issue, or agreement where one party gives something of value and receives no payment or other legal benefit in return—essentially a gift or gratuitous transfer. For investors, it matters because such transactions can change ownership stakes, dilute existing holders, affect reported assets or liabilities, and trigger legal or tax rules; think of it like someone handing out free shares or assets instead of selling them.

limited liability company agreements regulatory

"in accordance with the provisions of the limited liability company agreements"

FAQ

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

What insider transaction did FTW disclose on this Form 4?

The filing reports that entities associated with EQV Resources Partners LLC disposed of 3,422,260 shares of PRESIDIO PRODUCTION Co Class A common stock on September 9, 2026 via an internal distribution to members, recorded as an “other acquisition or disposition” transaction.

Was the FTW insider transaction a market sale for cash?

No. The shares were distributed without consideration by EQV Resources Intermediate LLC and EQV Resources Partners LLC to the members of EQV Resources Partners LLC, in line with their limited liability company agreements, rather than sold in the market for cash.

How many FTW shares were involved in the insider restructuring?

The restructuring transaction involved 3,422,260 shares of PRESIDIO PRODUCTION Co Class A common stock held directly by EQV Resources Intermediate LLC, which were distributed to the members of EQV Resources Partners LLC on September 9, 2026.

What is the reporting entities’ FTW share ownership after this Form 4 transaction?

After the reported transaction, the filing shows 0 shares of PRESIDIO PRODUCTION Co Class A common stock held indirectly for the reported position, reflecting the full distribution of the previously held 3,422,260 shares.

Did the FTW insider transaction occur under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is not checked, and there is no footnote indicating that the September 9, 2026 restructuring transaction was made under a Rule 10b5-1 or other pre-arranged trading plan.

How does EQV Resources Partners LLC describe its beneficial ownership of FTW shares?

EQV Resources Partners LLC states it may be deemed to beneficially own securities held by EQV Resources Intermediate LLC through its ownership of that entity, but it disclaims beneficial ownership except to the extent of its pecuniary interest in those securities.

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

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Available on EDGAR 09/10/2026 - 04:14 PM Accepted by SEC EDGAR 09/10/2026 - 04:14 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

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 Resources Partners LLC

(Last) (First) (Middle)

1090 CENTER DR

(Street)

PARK CITY UTAH 84098

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PRESIDIO PRODUCTION Co [ FTW ]

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

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

2a. Foreign Trading Symbol

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

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

	Form filed by One Reporting Person
X	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 Common Stock	09/09/2026		J(1)		3,422,260	D	$0	0	I	By virtue of its ownership of EQV Resources Intermediate LLC(2)(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

1. Name and Address of Reporting Person^*

EQV Resources Partners LLC

(Last) (First) (Middle)

1090 CENTER DR

(Street)

PARK CITY UTAH 84098

(City) (State) (Zip)

UNITED STATES

(Country)

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^*

EQV Resources Intermediate LLC

(Last) (First) (Middle)

1090 CENTER DR

(Street)

PARK CITY UTAH 84098

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. EQV Resources Intermediate LLC and EQV Resources Partners LLC distributed the shares of Class A common stock, par value $0.0001 per share, of Presidio Production Company held directly by EQV Resources Intermediate LLC to the members of EQV Resources Partners LLC, without consideration, in accordance with the provisions of the limited liability company agreements of each of EQV Resources Intermediate LLC and EQV Resources Partners LLC.

2. EQV Resources Partners LLC may be deemed to beneficially own the securities held directly by EQV Resources Intermediate LLC by virtue of its ownership of EQV Resources Intermediate LLC. EQV Resources Partners LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.

3. EQV Resources Partners LLC is managed by a board consisting of five individuals.

	/s/ Jerome Silvey, President for EQV Resources Partners LLC	09/10/2026
	/s/ Jerome Silvey, President for EQV Resources Intermediate LLC	09/10/2026
	** 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)