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Major Ridgepost Capital (PX) holders end group, detail 10% stakes

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(Neutral)
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(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Ridgepost Capital, Inc. investors filed an amended Schedule 13G to update their ownership positions and report that their prior reporting group was dissolved on December 23, 2025. The filing details holdings in both Class A and Class B common stock, which is convertible one-for-one into Class A.

Based on 77,914,619 Class A shares deemed outstanding as of November 7, 2025, Edwin A. Poston beneficially owned about 9.9% of the Class A common stock and Mel Williams about 10.4%. Several trusts and entities, including MAW Management Co. and TrueBridge Colonial Fund, hold shares, and Class B stock carries ten votes per share until a defined “Sunset” event reduces voting power.

Positive

  • None.

Negative

  • None.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 6: Beneficial ownership consists of Class B Common Stock. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. This figure gives effect to the voting power of the Class B Common Stock, which entitles its holder to ten votes for each share held, until a Sunset becomes effective. A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Securities Exchange Act of 1934 (the "Act"), based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 6: Beneficial ownership consists of both Class A Common Stock and Class B Common Stock. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. This figure gives effect to the voting power of the Class B Common Stock, which entitles its holder to ten votes for each share held, until a Sunset becomes effective. A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. Note to Rows 6, 7 and 9: Includes 1,181,313 shares of Class A Common Stock held by Team Ascent LLC, which is wholly-owned by the Reporting Person. Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Act, based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 6: Beneficial ownership consists of Class A Common Stock and Class B Common Stock. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. This figure gives effect to the voting power of the Class B Common Stock, which entitles its holder to ten votes for each share held, until a Sunset becomes effective. A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Act, based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Act, based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: Beneficial ownership consists of Class A Common Stock and Class B Common Stock. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. This figure gives effect to the voting power of the Class B Common Stock, which entitles its holder to ten votes for each share held, until a Sunset becomes effective. A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. Note to Rows 5, 7 and 9: This amount includes shares of the Issuer held (i) directly and indirectly by TrueBridge Colonial Fund, U/A dated 11/15/2015 and (ii) Edwin A. Poston Revocable Trust. Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Act, based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Row 5: Beneficial ownership consists of Class A Common Stock and Class B Common Stock. Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. This figure gives effect to the voting power of the Class B Common Stock, which entitles its holder to ten votes for each share held, until a Sunset becomes effective. A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. Note to Row 5, 7 and 9: Includes shares of the Issuer held by (i) MAW Management Co. and (ii) The Mel Williams Irrevocable Trust u/a/d August 12, 2015. Note to Row 11: Represents beneficial ownership of Class A common stock, as calculated in accordance with Rule 13d-3(d)(1)(i) of the Act, based on the number of Class A common stock reported outstanding by the Issuer on November 07, 2025.


SCHEDULE 13G



MAW Management Co.
Signature:/s/ Mel Williams
Name/Title:By: Mel Williams, President
Date:02/13/2026
TrueBridge Colonial Fund, U/A dated 11/15/2015
Signature:/s/Megan A. Rosini
Name/Title:By: JTC Trust Company (DE) Ltd., Its: Trustee
Date:02/13/2026
Signature:/s/Megan A. Rosini
Name/Title:By: Megan A. Rosini, Senior Trust Officer
Date:02/13/2026
The Mel Williams Irrevocable Trust u/a/d August 12, 2015
Signature:/s/ Jacqui Miller
Name/Title:By: Alliance Trust Company, Its: Trustee
Date:02/13/2026
Signature:/s/ Jacqui Miller
Name/Title:By: Jacqui Miller, Senior Trust Officer
Date:02/13/2026
Edwin A. Poston Revocable Trust
Signature:/s/ Edwin Poston
Name/Title:By: Edwin Poston, Trustee
Date:02/13/2026
Edwin A. Poston
Signature:/s/ Edwin Poston
Name/Title:Edwin Poston
Date:02/13/2026
Mel Williams
Signature:/s/ Mel Williams
Name/Title:Mel Williams
Date:02/13/2026

FAQ

What does the Ridgepost Capital (PX) Schedule 13G/A filing report?

The Schedule 13G/A updates beneficial ownership in Ridgepost Capital and confirms the prior reporting group was dissolved on December 23, 2025. It details holdings of Class A and Class B shares by multiple related entities and individuals.

How much of Ridgepost Capital (PX) does Edwin A. Poston beneficially own?

Edwin A. Poston beneficially owns approximately 9.9% of Ridgepost Capital’s Class A common stock. This percentage is calculated using 77,914,619 Class A shares deemed outstanding as of November 7, 2025, and includes shares held through related trusts and entities.

What is Mel Williams’s ownership stake in Ridgepost Capital (PX)?

Mel Williams beneficially owns approximately 10.4% of Ridgepost Capital’s Class A common stock. The percentage is based on 77,914,619 Class A shares outstanding as of November 7, 2025, and includes holdings through MAW Management and an irrevocable trust.

What dual-class share structure does Ridgepost Capital (PX) use?

Ridgepost Capital has Class A and Class B common stock. Class B shares can convert into Class A on a one-for-one basis and carry ten votes per share until a defined “Sunset” event, after which they automatically convert into Class A shares.

Which entities are major reporting holders in this Ridgepost Capital (PX) filing?

Key reporting holders include MAW Management Co., TrueBridge Colonial Fund, The Mel Williams Irrevocable Trust, and the Edwin A. Poston Revocable Trust, along with individuals Edwin A. Poston and Mel Williams, each reporting significant beneficial ownership stakes.

What does the dissolution of the group mean for Ridgepost Capital (PX) holders?

The filing states the prior Section 13(d) group was dissolved on December 23, 2025. Each reporting person now disclaims group membership and will report holdings individually, clarifying that future ownership reports will be made on a separate, non-group basis.
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