[Form 4] P10, Inc. Insider Trading Activity

Rhea-AI Filing Summary

P10, Inc. (PX) reporting person Edwin A. Poston, a director and >10% owner, filed a Form 4 disclosing sales and ownership details. On 09/23/2025 the filing reports a sale of 25,000 shares of Class A common stock at $12.07 per share. The report also records a disposition of 60,502 shares (noting these are owned directly by the reporting person) and indicates 521,664 shares are held indirectly by the Edwin A. Poston Revocable Trust. Following the reported transactions, the filing states 2,398,531 shares are beneficially owned indirectly by TrueBridge Colonial Fund/related entities. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Poston.

Positive

• Significant retained stake: Reporting person retains 2,398,531 shares beneficially owned following the transactions
• Transparency: Ownership is disclosed across direct, indirect, and trust holdings, clarifying related-party positions

Negative

• Insider sales: Reported sale of 25,000 shares at $12.07 and a disposition of 60,502 shares by the reporting person
• Potential dilution of confidence: A >10% owner conducting sales may be viewed negatively by some investors

Insights

Securities Analyst

TL;DR: Insider sale disclosed but reporting person retains a large beneficial stake of over 2.3 million shares.

The Form 4 shows a disclosed open-market sale of 25,000 shares at $12.07 and additional dispositions totaling 60,502 shares attributed to the reporting person. Despite these disposals, substantial indirect ownership remains via TrueBridge Colonial and the Poston Revocable Trust, totaling 2,398,531 shares beneficially owned following the transactions. This is a factual disclosure of insider activity; the filing does not include reasons for the sales or any derivatives activity.

Corporate Governance Expert

TL;DR: Director and >10% owner reported routine sales while remaining a significant stakeholder.

The filing identifies Edwin A. Poston as both a director and a greater-than-10% owner. It clarifies ownership through multiple entities: TrueBridge Colonial Fund and the Poston Revocable Trust. The filing includes standard disclaimers about beneficial ownership. There are no disclosures of options, grants, or other derivative instruments in this Form 4, and no indication of any change in board status.

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
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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).

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)
09/23/2025

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	09/23/2025		S		25,000	D	$12.07	2,398,531	I(1)	By TrueBridge Colonial Fund, u/a 11/15/2015
Class A Common Stock								60,502	D(2)
Class A Common Stock								521,664	I(3)	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. 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.

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

3. 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	09/25/2025
	** 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.

FAQ

What did Edwin A. Poston disclose on the Form 4 for P10, Inc. (PX)?

The filing discloses a sale of 25,000 Class A shares at $12.07 on 09/23/2025, a disposition of 60,502 shares attributed to him, and total beneficial ownership of 2,398,531 shares following the transactions.

Does the Form 4 show any derivative transactions for PX?

No. Table II (derivative securities) shows no reported derivative acquisitions or dispositions in this filing.

How is the reported ownership split between entities for the reporting person?

The filing states beneficial ownership indirectly by TrueBridge Colonial Fund and direct ownership by the Edwin A. Poston Revocable Trust, with 521,664 shares held by the Poston Trust and indirect holdings summarized as 2,398,531 shares.

Is Edwin A. Poston still a director and >10% owner after the transactions?

Yes. The Form 4 identifies him as a director and a >10% owner and reports the beneficial ownership that remains following the transactions.

Who signed the Form 4 on behalf of Edwin A. Poston?

The Form 4 was executed by Dominic Hong as Attorney-in-Fact for the reporting person, with a signature date of 09/25/2025.