STOCK TITAN
  1. Home
  2. Sec-filings
  3. HEOL
  4. [Form 4] HIGHWATER ETHANOL LLC Insider Trading Activity

Highwater Ethanol LLC (HEOL) director reports purchase of 4 LLC units

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Highwater Ethanol LLC director Ronald Eric Jorgenson reported acquiring additional equity in the company. On 01/01/2026, he purchased 4 Limited Liability Company membership units, coded as an open market or private purchase. The reported price is $12,000 per unit, as noted in a footnote.

Following this transaction, Jorgenson is shown as beneficially owning 20 membership units, all held indirectly. The filing states that these 20 units are owned by the Ronald Jorgenson Living Trust, indicating that his interest is through this trust rather than in his own name.

Positive

  • None.

Negative

  • None.
Insider JORGENSON RONALD ERIC
Role Director
Bought 4 shs ($48K)
Type Security Shares Price Value
Purchase Limited Liability Company Membership Units 4 $12,000.00 $48K
Holdings After Transaction: Limited Liability Company Membership Units — 20 shares (Indirect, see footnote)
Footnotes (1)
  1. per unit. 20 units are owned by the Ronald Jorgenson Living Trust.
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
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*
JORGENSON RONALD ERIC
(Last) (First) (Middle)
33689 CO ROAD 4
(Street)
JEFFERS MN 56145
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HIGHWATER ETHANOL LLC [ NA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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
Limited Liability Company Membership Units 01/01/2026 P 4 A $12,000(1) 20 I see footnote(2)
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. per unit.
2. 20 units are owned by the Ronald Jorgenson Living Trust.
/s/ Ronald Eric Jorgenson 12/19/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did HEOL report for Highwater Ethanol LLC?

The filing reports that director Ronald Eric Jorgenson acquired 4 Limited Liability Company membership units of Highwater Ethanol LLC on 01/01/2026.

At what price were the Highwater Ethanol LLC units acquired in this HEOL insider trade?

The filing shows a purchase price of $12,000 per unit, with a footnote indicating that this amount is stated per unit.

How many Highwater Ethanol LLC units does Ronald Eric Jorgenson own after this transaction?

After the reported transaction, Ronald Eric Jorgenson is shown as beneficially owning 20 membership units of Highwater Ethanol LLC.

Are Ronald Eric Jorgenson’s Highwater Ethanol LLC units held directly or indirectly?

The filing classifies his ownership as Indirect (I). A footnote explains that the 20 units are owned by the Ronald Jorgenson Living Trust.

Does the HEOL insider filing involve derivative securities for Highwater Ethanol LLC?

The filing includes a section for derivative securities, but no derivative transactions are listed in that table for this report.