WhiteHawk Minerals CFO entity reports pre‑IPO share moves
WhiteHawk Minerals Corp. director and CFO Jeffrey M. Slotterback reported indirect transactions through PhiCap Advisors, LLC involving preferred and common equity around the company’s initial public offering.
Rhea-AI Filing Summary
WhiteHawk Minerals Corp. director and CFO Jeffrey M. Slotterback reported indirect transactions through PhiCap Advisors, LLC involving preferred and common equity around the company’s initial public offering. PhiCap acquired 100 shares of Series D Preferred Stock from the issuer at $1,000 per share and later had all 100 shares redeemed by the issuer in connection with the IPO for the stated value plus $5,621.92 of accrued dividends and additional amounts to deliver the defined Minimum Return. Separately, PhiCap acquired 14,369 shares of Class A Common Stock in a reorganization, leaving that indirect Class A position outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Slotterback Jeffrey M
Role
CFO, Treasurer & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Series D Preferred Stock | 100 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 14,369 | $0.00 | $0.00 |
| Grant/Award | Series D Preferred Stock | 100 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 14,369 shares (Indirect, By PhiCap Advisors, LLC);
Series D Preferred Stock — 0 shares (Indirect, By PhiCap Advisors, LLC)
Footnotes (5)
- F1. This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).
- F2. Represents an acquisition of Series D Preferred Stock from the Issuer for $1,000 per share.
- F3. 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.
- F4. Represents an acquisition of shares of Class A Common Stock pursuant to a reorganization of the Issuer.
- F5. The Series D Preferred Stock was redeemed by the Issuer in connection with the consummation of its initial public offering, for an amount consisting of (i) the stated value of $1,000 per share and (ii) $5,621.92 of accrued dividends and additional amounts necessary such that the holder received the Minimum Return (as defined in the Certificate of Designations of the Series D Preferred Stock).
Key Figures
Series D Preferred acquired: 100 shares at $1,000/share
Series D accrued dividends: $5,621.92
Series D shares after redemption: 0 shares
+2 more
5 metrics
Series D Preferred acquired
100 shares at $1,000/share
Acquisition from issuer by PhiCap Advisors, LLC
Series D accrued dividends
$5,621.92
Accrued dividends and amounts included in IPO redemption
Series D shares after redemption
0 shares
Total Series D Preferred following issuer redemption
Class A Common acquired
14,369 shares
Indirectly held by PhiCap Advisors, LLC after reorganization
Transaction reporting basis
Rule 16a-2(a)
Pre-IPO transactions reported under Exchange Act Rule 16a-2(a)
Key Terms
Series D Preferred Stock, Class A Common Stock, initial public offering, beneficial ownership, +2 more
6 terms
Series D Preferred Stock financial
"Represents an acquisition of Series D Preferred Stock from the Issuer for $1,000 per share."
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.
Class A Common Stock financial
"Represents an acquisition of shares of Class A Common Stock pursuant to a reorganization of the Issuer."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
initial public offering financial
"in connection with the Issuer's 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.
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.
Minimum Return financial
"such that the holder received the Minimum Return (as defined in the Certificate of Designations of the Series D Preferred Stock)."
Certificate of Designations regulatory
"Minimum Return (as defined in the Certificate of Designations of the Series D Preferred Stock)."
A certificate of designations is a formal legal document that spells out the specific rights and rules attached to a particular class of stock, most often preferred shares. It tells investors who gets paid first, what dividends or conversion rights exist, and any voting or liquidation priorities—like an instruction sheet that decides which shareholders get preference if a company pays out or is sold. Those terms directly affect a security’s value and risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WhiteHawk Minerals (WHK) report for Jeffrey Slotterback?
The filing shows indirect transactions through PhiCap Advisors, LLC. PhiCap acquired 100 shares of Series D Preferred Stock, later redeemed by the issuer, and received 14,369 Class A Common shares in a reorganization, all reported as pre‑IPO and IPO-related events.
What happened to the Series D Preferred Stock in connection with WhiteHawk Minerals’ IPO?
The Series D Preferred Stock held by PhiCap Advisors, LLC was redeemed by WhiteHawk Minerals in connection with its initial public offering. Redemption consideration included the stated value of $1,000 per share plus $5,621.92 of accrued dividends and additional amounts to deliver the contractual Minimum Return.
Were Jeffrey Slotterback’s WhiteHawk Minerals (WHK) transactions open‑market buys or sells?
No open‑market buys or sells are reported. The transactions consist of an acquisition of Series D Preferred Stock from the issuer, a subsequent issuer redemption of that preferred stock, and an acquisition of Class A Common shares received in a corporate reorganization rather than through market trading.
AI-generated analysis. How Rhea-AI works. Not financial advice.
