Suncrete director granted 48K restricted shares
Suncrete, Inc. director Andrew R. Heyer reported new and existing equity holdings.
Rhea-AI Filing Summary
Suncrete, Inc. director Andrew R. Heyer reported new and existing equity holdings. He received a grant of 48,000 restricted shares of Class A Common Stock at no cost under the Suncrete, Inc. 2026 Omnibus Incentive Plan. These shares vest over time.
According to the award, 32,000 shares vest on April 20, 2028 and 16,000 on April 20, 2029, if he continues providing services, and he has sole voting power over these shares. The filing also shows indirect holdings of 3,564,267 Class A shares and 75,000 private placement warrants through Haymaker Sponsor IV, LLC, plus 200,000 restricted stock units that can convert into Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 48,000 shares
Grant/Award
4 txns
Insider
HEYER ANDREW R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 48,000 | $0.00 | $0.00 |
| holding | Private Placement Warrants | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 48,000 shares (Direct);
Private Placement Warrants — 75,000 contracts (Indirect, By Haymaker Sponsor IV, LLC);
Restricted Stock Units — 200,000 contracts (Direct);
Class A Common Stock — 3,564,267 shares (Indirect, By Haymaker Sponsor IV, LLC)
Footnotes (3)
- F1. Represents 48,000 restricted shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of Suncrete, Inc. (the "Issuer") with time-based vesting criteria granted to Mr. Heyer under the Suncrete, Inc. 2026 Omnibus Incentive Plan that vest as follows: (i) 32,000 shares on April 20, 2028 and (ii) 16,000 shares on April 20, 2029; provided, that Mr. Heyer is providing services to the Issuer through each such date. Under the terms of the award agreement, Mr. Heyer has sole voting power with respect to the shares.
- F2. Consists of shares and private placement warrants held by Haymaker Sponsor IV, LLC ("Haymaker Sponsor"). Mr. Heyer is a managing member of Haymaker Sponsor and may be deemed to have beneficial ownership of the securities held directly by Haymaker Sponsor. Mr. Heyer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. This report shall not be deemed an admission that Mr. Heyer is the beneficial owner of such securities for purposes of Sections 13 and 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3. Represents restricted stock units ("RSUs") of the Issuer awarded to Mr. Heyer upon closing of business combination agreement, dated as of October 9, 2025, by and between the Issuer and Haymaker Acquisition Corp. 4, among others. The RSUs will vest in two equal installments, with one-half vesting on each of the first two anniversaries of the date of grant, provided that Mr. Heyer is providing certain services to the Issuer through such date.
Key Figures
Restricted stock grant: 48,000 shares
Indirect Class A holdings: 3,564,267 shares
Restricted Stock Units: 200,000 units
+2 more
5 metrics
Restricted stock grant
48,000 shares
Class A Common Stock award to Andrew R. Heyer
Indirect Class A holdings
3,564,267 shares
Held by Haymaker Sponsor IV, LLC
Restricted Stock Units
200,000 units
RSUs convertible into Class A Common Stock
Private placement warrants
75,000 warrants
Underlying Class A shares, indirect holding
Warrant exercise price
$11.50 per share
Private placement warrants expiring April 8, 2031
Key Terms
Restricted Stock Units, private placement warrants, Omnibus Incentive Plan, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units ("RSUs") of the Issuer awarded to Mr. Heyer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
private placement warrants financial
"Consists of shares and private placement warrants held by Haymaker Sponsor IV, LLC"
Private placement warrants are tradable coupons given directly to a limited group of investors that let the holder buy a company's shares at a fixed price before a set expiration date. They matter to investors because they can provide extra upside if the stock rises and give companies a way to raise money outside a public offering, but they also can increase the number of shares outstanding (dilution) and therefore affect share value and investor returns.
Omnibus Incentive Plan financial
"granted to Mr. Heyer under the Suncrete, Inc. 2026 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
pecuniary interest financial
"Mr. Heyer disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein"
business combination agreement financial
"awarded to Mr. Heyer upon closing of business combination agreement, dated as of October 9, 2025"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Suncrete (RMIX) director Andrew R. Heyer report in this Form 4?
Andrew R. Heyer reported a new equity grant and existing holdings. He received 48,000 restricted shares of Class A Common Stock and disclosed indirect holdings via Haymaker Sponsor IV, LLC, as well as 200,000 restricted stock units and 75,000 private placement warrants.
What indirect Suncrete (RMIX) holdings are reported for Andrew R. Heyer?
The filing lists significant indirect holdings via Haymaker Sponsor IV, LLC. It shows 3,564,267 shares of Class A Common Stock and 75,000 private placement warrants held by Haymaker Sponsor, with Mr. Heyer as a managing member and a related beneficial ownership disclaimer.
What Suncrete restricted stock units does Andrew R. Heyer hold?
Andrew R. Heyer holds 200,000 restricted stock units (RSUs). These RSUs were awarded in connection with a business combination agreement and will vest in two equal installments if he continues providing specified services to Suncrete through the applicable anniversaries of the grant date.
What are the terms of Suncrete’s private placement warrants held indirectly for Andrew R. Heyer?
The filing shows 75,000 private placement warrants held indirectly. These warrants relate to Class A Common Stock, carry an exercise price of $11.50 per share, and are scheduled to expire on April 8, 2031, if not exercised before that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
