[Form 4] P10, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sarita Narson Jairath, EVP & Global Head of Client Solutions at P10, Inc. (PX), reported equity activity tied to restricted stock units and a sale of shares. The reporting person was granted a total of 61,413 RSUs, each representing one share of Class A common stock, with one-third of the grant vesting on each of the first three anniversaries of the grant date if continuous service is maintained. On 09/16/2025 transactions show 20,471 RSUs recorded as acquired and a reported disposition of 10,451 shares at $11.96 per share. After these transactions the reporting person beneficially owns 40,942 shares of Class A common stock.

Positive

• 61,413 RSU grant awarded to the reporting person, providing multi-year equity alignment
• Graded vesting schedule with one-third vesting on each of the first three anniversaries, encouraging retention
• Beneficial ownership of 40,942 Class A shares after the reported transactions

Negative

• Sale of 10,451 shares at $11.96, reducing immediately held shares
• Portion of equity remains unvested, meaning full economic alignment depends on future service

Insights

Corporate Governance Expert

TL;DR: Routine compensation-related equity grant with scheduled vesting; insider sold a portion of shares, resulting in a modest net increase in beneficial ownership.

The filing documents a standard executive equity grant structured as restricted stock units with a three-year graded vesting schedule, which aligns executive incentives with multi-year retention and performance objectives. The reported sale of 10,451 shares at $11.96 is disclosed contemporaneously with the RSU activity and reduced immediately tradable shares. Overall beneficial ownership after the reported transactions is 40,942 Class A shares, a useful figure for assessing insider alignment but not a standalone indicator of material governance change.

Compensation Analyst

TL;DR: The 61,413 RSU grant is a sizable compensation award; vesting schedule and concurrent partial sale affect near-term liquidity for the executive.

The grant of 61,413 RSUs provides long-term equity compensation, with one-third vesting each anniversary, which creates future share issuance over three years if service continues. The reporting shows 20,471 RSUs counted as acquired and 20,471 underlying shares tied to those RSUs, increasing total beneficially owned to 40,942 shares after a contemporaneous reported sale of 10,451 shares at $11.96. This combination of grant and sale is consistent with routine compensation monetization and liquidity management by an executive.

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

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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^*

Jairath Sarita Narson

(Last) (First) (Middle)

C/O P10, INC.

2699 HOWELL STREET, SUITE 1000

(Street)

DALLAS TX 75204

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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	09/16/2025		M		20,471	A	(1)	20,471	D
Class A Common Stock	09/16/2025		F		10,451	D	$11.96	10,020	D

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
Restricted Stock Units	(1)	09/16/2025		M			20,471	(2)	(2)	Class A Common Stock	20,471	$0.00	40,942	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.

2. On September 16, 2024, the reporting person was granted a total of 61,413 RSUs. One third (1/3) of the total number of RSUs granted vest on each of the first three anniversaries of the grant date, provided that the reporting person remains in continuous service with the Issuer through the applicable vesting date.

Remarks:

EVP & Global Head of Client Solutions

	/s/ Amanda Coussens, Attorney-in-Fact for Sarita Narson Jairath	09/18/2025
	** 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.
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FAQ

What RSUs were granted to Sarita Narson Jairath in the Form 4 for P10 (PX)?

The reporting person was granted 61,413 restricted stock units (RSUs), each representing one share of Class A common stock.

How do the RSUs vest for the PX executive?

The RSUs vest in a graded fashion: one-third of the total grant vests on each of the first three anniversaries of the grant date, conditioned on continuous service.

Did the insider sell any shares and at what price?

Yes, the filing reports a disposition of 10,451 shares at a price of $11.96 per share.

What is the reporting person’s beneficial ownership after these transactions?

Following the reported activity, the reporting person beneficially owns 40,942 Class A shares.

What is the reporting person's role at P10, Inc. (PX)?

The filing lists the reporting person’s title as EVP & Global Head of Client Solutions.