Ridgepost Capital, Inc. (RPC) director exercises 9,120 RSUs, withholds 3,974 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ridgepost Capital, Inc. director Edwin A. Poston reported an automatic conversion of 9,120 restricted stock units into 9,120 shares of Class A Common Stock on February 14, 2026, at $0.00 per share. These RSUs were granted on February 14, 2025 and fully vested on the first anniversary of the grant date.
To cover taxes, a portion of the shares was disposed of through a tax-withholding transaction involving 3,974 shares, leaving Poston with 65,648 shares held directly. Separate from his direct holdings, entities associated with Poston, including TrueBridge Colonial Fund and the Edwin A. Poston Revocable Trust, hold additional Ridgepost shares, though he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,120 shares exercised/converted
Mixed
5 txns
Insider
Poston Edwin A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,120 | $0.00 | -- |
| Exercise | Class A Common Stock | 9,120 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,974 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 69,622 shares (Direct);
Class A Common Stock — 2,456,543 shares (Indirect, By TrueBridge Colonial Fund, u/a 11/15/2015)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. Represents securities of the Issuer owned directly by the Reporting Person. 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. 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. On February 14, 2025, the Reporting Person was granted a total of 9,120 RSUs, all of which vested on the first anniversary of the grant date.
FAQ
What insider transaction did Ridgepost Capital (RPC) director Edwin A. Poston report?
Edwin A. Poston reported the conversion of 9,120 restricted stock units into 9,120 shares of Class A Common Stock. The RSUs were granted on February 14, 2025 and fully vested one year later, triggering the share issuance at a price of $0.00 per share.
What indirect Ridgepost Capital (RPC) holdings are associated with Edwin A. Poston?
Indirect holdings include 2,456,543 Ridgepost shares held by TrueBridge Colonial Fund and 521,664 shares held by the Edwin A. Poston Revocable Trust. The filing notes Poston may be deemed a beneficial owner but disclaims beneficial ownership except for his pecuniary interest in these entities.