Suncrete: 6.14M Class B shares distributed to members
The amendment details transfers made for no consideration and a board-service award whose vesting depends on continued service.
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Rhea-AI Filing Summary
Suncrete, Inc. (RMIX) is the issuer named in an amended ownership statement reporting two pro rata distributions. On October 20, 2026, Dothan Concrete Investors distributed 6,138,203 shares of Class B Common Stock to its members for no consideration; Dothan Independent distributed 2,954,019 Class B shares and warrants to purchase up to 132,935 Class A shares to its limited partners, also for no consideration.
The amendment also reports that the issuer granted Ned N. Fleming, III 144,000 restricted shares for board service on April 20, 2026. Subject to his continued service, 96,000 shares vest on April 20, 2028, and 48,000 on April 20, 2029. Fleming reported beneficial ownership of 19,446,482 shares (27.1%); SunTx Capital Management Corp. reported 12,283,739 shares (19.0%).
Filing Explained
Ned Fleming’s reported
Key Figures
Key Terms
Class B Common Stock financial
Private Warrants financial
pro rata basis financial
time-based vesting criteria financial
beneficially owned regulatory
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