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Director Skelly granted 48,000 high-vote Class B shares at Suncrete (RMIX)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Skelly Noreen E reported acquisition or exercise transactions in this Form 4 filing.

Suncrete, Inc. director Noreen E. Skelly received an equity grant of 48,000 restricted shares of Class B Common Stock. These shares carry 10 votes each and are convertible into Class A Common Stock on a one-for-one basis. The award vests over time: 32,000 shares on April 20, 2028 and 16,000 shares on April 20, 2029, if she continues providing services. Ms. Skelly has sole voting power over these shares, which do not expire.

Positive

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Negative

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Insider Skelly Noreen E
Role null
Type Security Shares Price Value
Grant/Award Class B Common Stock 48,000 $0.00 --
Holdings After Transaction: Class B Common Stock — 48,000 shares (Direct, null)
Footnotes (1)
  1. Each share of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), of Suncrete, Inc. (the "Issuer") is convertible at any time at the option of the holder thereof into one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock"). In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B Common Stock, all outstanding shares of Class B Common Stock will be converted into shares of Class A Common Stock. Further, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon any transfer, whether or not for value, except upon certain transfers described in the Issuer's amended and restated certificate of incorporation. The holders of Class A Common Stock and Class B Common Stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A Common Stock are entitled to one vote per share and the holders of the Class B Common Stock are entitled to 10 votes per share. The shares of Class B Common Stock do not expire. Represents 48,000 restricted shares of Class B Common Stock with time-based vesting criteria granted to Ms. Skelly 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 Ms. Skelly is providing services to the Issuer through each such date. Under the terms of the award agreement, Ms. Skelly has sole voting power with respect to the shares.
Restricted Class B shares granted 48,000 shares Equity award to director Noreen E. Skelly
First vesting tranche 32,000 shares Vesting on April 20, 2028, subject to continued service
Second vesting tranche 16,000 shares Vesting on April 20, 2029, subject to continued service
Voting rights per Class B share 10 votes per share Class A shares are entitled to one vote per share
Conversion ratio 1:1 into Class A Each Class B share convertible into one Class A share
Class B Common Stock financial
"Each share of Class B Common Stock ... is convertible at any time"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
restricted shares financial
"Represents 48,000 restricted shares of Class B Common Stock with time-based vesting"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
time-based vesting criteria financial
"restricted shares of Class B Common Stock with time-based vesting criteria granted to Ms. Skelly"
2026 Omnibus Incentive Plan financial
"granted to Ms. Skelly under the Suncrete, Inc. 2026 Omnibus Incentive Plan"
sole voting power financial
"Under the terms of the award agreement, Ms. Skelly has sole voting power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Skelly Noreen E
(Last)(First)(Middle)
817 E. 4TH STREET
(Street)
TULSA OKLAHOMA 74120
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Suncrete, Inc. [ RMIX ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(1)(2)04/20/2026A48,000(3) (1)(2) (1)(2)Class A Common Stock48,000$048,000D
Explanation of Responses:
1. Each share of Class B Common Stock, par value $0.0001 per share ("Class B Common Stock"), of Suncrete, Inc. (the "Issuer") is convertible at any time at the option of the holder thereof into one share of Class A Common Stock, par value $0.0001 per share, of the Issuer ("Class A Common Stock"). In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B Common Stock, all outstanding shares of Class B Common Stock will be converted into shares of Class A Common Stock. Further, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon any transfer, whether or not for value, except upon certain transfers described in the Issuer's amended and restated certificate of incorporation. The holders of Class A Common Stock and Class B Common Stock vote as a single class on all matters submitted to a vote of stockholders.
2. The holders of Class A Common Stock are entitled to one vote per share and the holders of the Class B Common Stock are entitled to 10 votes per share. The shares of Class B Common Stock do not expire.
3. Represents 48,000 restricted shares of Class B Common Stock with time-based vesting criteria granted to Ms. Skelly 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 Ms. Skelly is providing services to the Issuer through each such date. Under the terms of the award agreement, Ms. Skelly has sole voting power with respect to the shares.
/s/ Noreen E. Skelly04/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Suncrete (RMIX) report for Noreen E. Skelly?

Suncrete reported that director Noreen E. Skelly received a grant of 48,000 restricted shares of Class B Common Stock. The shares were awarded at $0.00 per share as equity compensation and are subject to future time-based vesting conditions.

How do the 48,000 Class B shares granted to RMIX director Skelly vest?

The 48,000 restricted Class B shares vest in two tranches: 32,000 shares on April 20, 2028 and 16,000 shares on April 20, 2029. Vesting requires that Ms. Skelly continue providing services to Suncrete through each respective date.

What voting rights come with the Class B Common Stock granted at Suncrete (RMIX)?

Each share of Class B Common Stock carries 10 votes per share, while Class A shares carry one vote. The filing notes that holders of Class A and Class B vote together as a single class on all matters submitted to stockholders.

Can Suncrete (RMIX) Class B Common Stock granted to Skelly be converted to Class A?

Yes. Each Class B Common Stock share is convertible at any time into one share of Class A Common Stock at the holder’s option. Class B also converts automatically in certain transfers or by majority decision of Class B holders.

Under what plan were the 48,000 Suncrete (RMIX) Class B shares granted to Skelly?

The award represents 48,000 restricted shares of Class B Common Stock granted under the Suncrete, Inc. 2026 Omnibus Incentive Plan. The shares are subject to time-based vesting and give Ms. Skelly sole voting power during the vesting period.