[Form 4] P10, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Edwin A. Poston, a director and more-than-10% owner of P10, Inc. (PX), reported sales and holdings changes on Form 4. The filing discloses that on September 11, 2025 the Reporting Person sold 30,000 shares of Class A Common Stock at a weighted average price of $12.52 per share. The Form 4 also shows 60,502 shares disposed that are owned directly by the Reporting Person and reports beneficial ownership indirect holdings of 2,531,507 shares by TrueBridge Colonial Fund and 521,664 shares by the Edwin A. Poston Revocable Trust. The filing includes standard disclaimers that the Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest and notes he serves on the issuer's board.

Insights

Securities Analyst

TL;DR: Insider sold a modest block of shares while retaining substantial direct and indirect holdings, suggesting continued significant economic exposure.

The Form 4 documents a disposal of 30,000 Class A shares sold at a weighted average price of $12.52 on 09/11/2025, and lists 60,502 shares disposed that are directly owned by the Reporting Person. The filing reports large indirect holdings through TrueBridge Colonial Fund (2,531,507 shares) and the Poston Revocable Trust (521,664 shares). From an investor-impact perspective this is a routine insider sale rather than a corporate event; the director remains materially invested which preserves alignment with shareholders. Filings include standard disclaimers about beneficial ownership and trustee relationships.

Corporate Governance Expert

TL;DR: Transaction appears routine and disclosed properly; large residual holdings maintain governance influence.

The Form 4 is properly executed and signed by an attorney-in-fact. It notes possible membership in a Section 13(d) group exceeding 10% and confirms the Reporting Person's board role. The combination of reported sales and sizable remaining indirect and direct positions indicates the Reporting Person retains significant voting and economic interest, which is relevant to governance but does not reflect a change in control. All material relationships and disclaimers are included in the filing.

Insider Trade Summary

Net Seller: 30,000 shares ($375,600)

Net Sell 3 txns

Insider Poston Edwin A.

Role Director, 10% Owner

Sold 30,000 shs ($376K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	30,000	$12.52	$376K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 2,531,507 shares (Indirect, By TrueBridge Colonial Fund, u/a 11/15/2015); Class A Common Stock — 60,502 shares (Direct)

Footnotes (1)

1. Price reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $12.52 to $12.53. Upon request, the Reporting Person will provide information regarding the number of shares sold at each price within the range to the Issuer, any security holder, or the SEC staff. Represents securities of the Issuer owned directly and indirectly by TrueBridge Colonial Fund, u/a 11/15/2015 ("TrueBridge Colonial"). First Republic Trust Company of Delaware, as trustee of TrueBridge Colonial, may be deemed to beneficially own the securities of the Issuer owned directly and indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein. These securities are owned directly by the Reporting Person. Represents securities of the Issuer owned directly by the Edwin A. Poston Revocable Trust (the "Poston Trust"). The Reporting Person, as sole trustee of the Poston Trust, may be deemed to beneficially own the securities of the Issuer owned indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

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^*

Poston Edwin A.

(Last) (First) (Middle)

C/O P10, INC.

4514 COLE AVENUE, SUITE 1600

(Street)

DALLAS TX 75205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
P10, Inc. [ PX ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

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
Class A Common Stock	09/11/2025		S		30,000	D	$12.52(1)	2,531,507	I(2)	By TrueBridge Colonial Fund, u/a 11/15/2015
Class A Common Stock								60,502	D(3)
Class A Common Stock								521,664	I(4)	By Edwin A. Poston Revocable Trust

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. Price reflects the weighted average price for the shares, which were sold in multiple transactions at prices that ranged from $12.52 to $12.53. Upon request, the Reporting Person will provide information regarding the number of shares sold at each price within the range to the Issuer, any security holder, or the SEC staff.

2. Represents securities of the Issuer owned directly and indirectly by TrueBridge Colonial Fund, u/a 11/15/2015 ("TrueBridge Colonial"). First Republic Trust Company of Delaware, as trustee of TrueBridge Colonial, may be deemed to beneficially own the securities of the Issuer owned directly and indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

3. These securities are owned directly by the Reporting Person.

4. Represents securities of the Issuer owned directly by the Edwin A. Poston Revocable Trust (the "Poston Trust"). The Reporting Person, as sole trustee of the Poston Trust, may be deemed to beneficially own the securities of the Issuer owned indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

Remarks:

This Form 4 is being filed on behalf of Edwin A. Poston (the "Reporting Person"). The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock. The securities reported herein do not include securities of the Issuer held by any other group member other than those securities held directly or indirectly by the Reporting Person. In addition, the Reporting Person serves as a director on the board of directors of the Issuer.

	By: Dominic Hong, as Attorney-in-Fact for the Reporting Person, /s/ Dominic Hong	09/15/2025
	** 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.