WHK CFO reports initial indirect share holdings
WhiteHawk Income Corp director and CFO Jeffrey M. Slotterback filed an initial ownership report showing indirect holdings through PhiCap Advisors, LLC.
Rhea-AI Filing Summary
WhiteHawk Income Corp director and CFO Jeffrey M. Slotterback filed an initial ownership report showing indirect holdings through PhiCap Advisors, LLC. The filing reports 100 shares of Series D Preferred Stock and 14,369 shares of Class A Common Stock held by PhiCap.
The footnotes state Mr. Slotterback may be deemed to share beneficial ownership due to shared voting and investment power, but he disclaims beneficial ownership except for his pecuniary interest. The Series D Preferred Stock has no voting rights, is not convertible into Class A common stock, and will be redeemed when WhiteHawk completes its initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Slotterback Jeffrey M
Role
CFO, Treasurer & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| holding | Series D Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,369 shares (Indirect, By PhiCap Advisors, LLC);
Series D Preferred Stock — 100 shares (Indirect, By PhiCap Advisors, LLC)
Footnotes (2)
- F1. Represents securities held by PhiCap Advisors, LLC ("PhiCap"). The Reporting Person may be deemed to share beneficial ownership of the shares attributable to PhiCap by virtue of his shared voting and investment power over the securities held by PhiCap. Mr. Slotterback disclaims beneficial ownership of the shares held by PhiCap except to the extent of his pecuniary interest therein.
- F2. The Series D Preferred Stock has no voting rights and is not convertible into Class A common stock. The Issuer will redeem all outstanding shares of Series D Preferred Stock at the consummation of its initial public offering.
Key Figures
Series D Preferred holdings: 100 shares
Class A Common holdings: 14,369 shares
Voting rights of Series D: No voting rights
+1 more
4 metrics
Series D Preferred holdings
100 shares
Indirectly held by PhiCap Advisors, LLC
Class A Common holdings
14,369 shares
Indirectly held by PhiCap Advisors, LLC
Voting rights of Series D
No voting rights
Series D Preferred Stock characteristics
Series D conversion feature
Not convertible
Not convertible into Class A Common Stock
Key Terms
beneficial ownership, pecuniary interest, Series D Preferred Stock, initial public offering
4 terms
beneficial ownership financial
"The Reporting Person may be deemed to share beneficial ownership of the shares attributable to PhiCap"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Slotterback disclaims beneficial ownership of the shares held by PhiCap except to the extent of his pecuniary interest therein"
Series D Preferred Stock financial
"The Series D Preferred Stock has no voting rights and is not convertible into Class A common stock"
Series D preferred stock is a specific class of preferred shares typically issued in a later-stage financing round that gives holders special rights such as priority for payout before common shareholders, fixed or cumulative dividends, and often the option to convert into common shares. Investors care because these shares affect who gets paid first in a sale or liquidation, influence ownership and voting power, and change how future fundraising or an exit will impact an investor’s return—like a VIP ticket that can sometimes be exchanged for a regular ticket if that proves more valuable.
initial public offering financial
"The Issuer will redeem all outstanding shares of Series D Preferred Stock at the consummation of its initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings does WHK CFO Jeffrey Slotterback report on this Form 3?
The Form 3 reports indirect holdings through PhiCap Advisors, LLC: 100 shares of Series D Preferred Stock and 14,369 shares of Class A Common Stock. These positions establish Mr. Slotterback’s starting beneficial ownership disclosure as a director and executive at WhiteHawk Income Corp.
What does WHK’s Form 3 say about the Series D Preferred Stock?
The filing states the Series D Preferred Stock has no voting rights and is not convertible into Class A common stock. It also explains that WhiteHawk Income Corp will redeem all outstanding Series D Preferred Stock upon consummation of its initial public offering.
Does this WHK Form 3 show any insider buying or selling activity?
No specific insider buying or selling is identified. The Form 3 lists initial indirect holdings of 100 Series D Preferred shares and 14,369 Class A Common shares. Transaction codes are unspecified, and the filing functions as a baseline ownership disclosure rather than a trade report.
Who is PhiCap Advisors, LLC in relation to WHK’s Form 3 disclosure?
PhiCap Advisors, LLC is the entity that directly holds the reported WhiteHawk securities. Mr. Slotterback may be deemed to share beneficial ownership due to shared voting and investment power, but he disclaims beneficial ownership of PhiCap’s shares beyond his pecuniary interest, according to the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
