Edwin A. Poston - 13 Nov 2025 Form 4 Insider Report for P10, Inc. (PX)

Signature
By: Dominic Hong, as Attorney-in-Fact for the Reporting Person, /s/ Dominic Hong
Issuer symbol
PX
Transactions as of
13 Nov 2025
Transactions value $
-$166,175
Form type
4
Filing time
24 Nov 2025, 17:55:27 UTC
Previous filing
25 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Poston Edwin A. Director, Other* C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS By: Dominic Hong, as Attorney-in-Fact for the Reporting Person, /s/ Dominic Hong 24 Nov 2025 0001888753

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PX Class A Common Stock Conversion of derivative security +18.4K 18.4K 13 Nov 2025 By TrueBridge Ascent LLC F1, F2, F3
transaction PX Class A Common Stock Sale -$166K -18.4K -100% $9.02 0 21 Nov 2025 By TrueBridge Ascent LLC F3, F4
holding PX Class A Common Stock 2.4M 13 Nov 2025 By TrueBridge Colonial Fund, u/a 11/15/2015 F5
holding PX Class A Common Stock 60.5K 13 Nov 2025 Direct F6
holding PX Class A Common Stock 522K 13 Nov 2025 By Edwin A. Poston Revocable Trust F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PX Class B Common Stock Conversion of derivative security -18.4K -13.71% 116K 13 Nov 2025 Class A Common Stock 18.4K By TrueBridge Ascent LLC F1, F2, F3
holding PX Class B Common Stock 5.22M 13 Nov 2025 Class A Common Stock 5.22M By TrueBridge Colonial Fund, u/a 11/15/2015 F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.
F2 Continued from footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On November 13, 2025, TrueBridge Ascent LLC converted 18,427 shares of Class B Common Stock into an equivalent number of shares of Class A Common Stock.
F3 Represents securities of the Issuer owned directly by TrueBridge Ascent LLC. The Reporting Person, as a manager of TrueBridge Ascent LLC, may be deemed to be deemed to beneficially own the securities of the Issuer owned directly by TrueBridge Ascent LLC. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.
F4 Price reflects the weighted average sale price for the shares, which were sold in multiple transactions at prices that ranged from $9.00 to $9.04. Upon request, the Reporting Person will provide information regarding the number of shares sold at each price within the range to the Issuer, any security holder of the issuer, or the SEC staff.
F5 Represents securities of the Issuer owned directly and indirectly by TrueBridge Colonial Fund, u/a 11/15/2015 ("TrueBridge Colonial"). First Republic Trust Company of Delaware, as trustee of TrueBridge Colonial, may be deemed to beneficially own the securities of the Issuer owned directly and indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.
F6 Represents securities of the Issuer owned directly by the Reporting Person.
F7 Represents securities of the Issuer owned directly by the Edwin A. Poston Revocable Trust (the "Poston Trust"). The Reporting Person, as sole trustee of the Poston Trust, may be deemed to beneficially own the securities of the Issuer owned indirectly by TrueBridge Colonial. The Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

Remarks:

This Form 4 is being filed on behalf of Edwin A. Poston (the "Reporting Person"). The Reporting Person may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock. The securities reported herein do not include securities of the Issuer held by any other group member other than those securities held directly or indirectly by the Reporting Person. In addition, the Reporting Person serves as a director on the board of directors of the Issuer.