P10 (PX) Insider Sale: 21,700 Shares Disposed on 08/27/2025
Rhea-AI Filing Summary
Thomas P. Danis, Jr. Revocable Living Trust reported the sale of 21,700 shares of P10, Inc. Class A common stock on 08/27/2025 at a price of $12.3692 per share. The Form 4 was filed as a single reporting person and signed by an attorney in fact, Amanda Coussens, on 08/29/2025. The filing includes a remark that the reporting person may be part of a Section 13(d) group that collectively owns more than 10% of the issuer.
Positive
- None.
Negative
- Disposition of 21,700 shares by the Thomas P. Danis, Jr. Revocable Living Trust on 08/27/2025 indicates insider selling activity
- Post-transaction holdings not clearly quantified in the filing, limiting transparency about remaining insider ownership
Insights
TL;DR Insider sale of 21,700 shares at $12.3692; routine disclosure with limited standalone impact.
The reported transaction is a direct disposition by the Thomas P. Danis, Jr. Revocable Living Trust. The sale size and price are explicit, but the filing does not disclose the trust's total post-transaction holdings clearly. The remark about potential inclusion in a Section 13(d) group is notable because it could indicate collective ownership above 10%, which is material for ownership structure but is not quantified here.
TL;DR Form 4 shows a disclosed sale and a note on possible >10% group ownership; governance implications depend on group details.
This is a standard Section 16 disclosure of an insider sale executed pursuant to ordinary reporting requirements. The inclusion of a Section 13(d) group remark suggests potential coordinated ownership that may affect shareholder dynamics, but the form does not provide group membership or exact aggregate holdings, limiting assessment of governance impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,700 | $12.3692 | $268K |