EROK EagleRock Land, LLC Insider Trading

Director Nelson James Carl purchased 100,000 shares at $18.50 totaling $1,850,000.00 in EROK private placement allocation.

Nelson James Carl, a Director, completed 2 purchases totaling 100,000 shares for $1,850,000.00 at $18.50 per share as part of a private placement allocation rather than discretionary open-market trading. His pre-transaction position was negative 50,000 shares, bringing post-transaction holdings to 50,000 shares. This transaction occurred during a recent listing (3 trading days old), when meaningful historical valuation context is not yet available. The concurrent cluster activity—4 other insiders also bought within the past 14 days—reflects coordinated initial capitalization of the company, not independent conviction-driven accumulation.

Director Wallace Michael Wayne buys 250,000 shares of EROK at $18.50 in pre-IPO allocation; 3 other insiders bought within 14 days.

Wallace Michael Wayne, a Director, purchased 250,000 shares at $18.50 totaling $4,625,000.00 on 2026-05-15, establishing an initial shareholding following EROK's recent listing (3 trading days old as of pricing date). This transaction is structured as a private placement or IPO allocation, not a discretionary open-market purchase, meaning it reflects allocation patterns rather than independent conviction-driven buying. A cluster of 3 other insiders also bought within the past 14 days, suggesting coordinated capital participation in the offering rather than individual market timing decisions. With the stock currently at $23.29, the price has moved above the allocation level, but the recent listing status and FLAG designation preclude characterization of this as a conviction-driven signal.

Director Reed Stephanie L buys 13,513 shares of EROK at $18.50 in private placement; 2 other insiders also purchased within 14 days.

Reed Stephanie L, a director, acquired 13,513 shares for $249,990.50 in a private placement on 2026-05-15, establishing an initial position of 13,513 shares. This transaction is a structured allocation rather than a discretionary open-market purchase. Notably, 2 other insiders also bought EROK shares within the past 14 days, forming a cluster buy pattern during the company's recent listing (3 trading days old as of 2026-05-19). The current price of $23.29 exceeds the transaction price of $18.50, but given the stock's very recent IPO status, 52-week and longer-term trend metrics are not yet meaningful; the cluster activity reflects initial capitalization participation rather than a conviction-driven signal.

Director Kumar Raj purchases 5,405 shares of EROK at $18.50 in non-discretionary allocation post-IPO

Kumar Raj, as a Director, acquired 5,405 shares totaling $99,992.50 on 2026-05-15 at $18.50 per share in what is explicitly flagged as a private placement or IPO allocation—not a discretionary open-market purchase. The company listed just 3 trading days prior, meaning this transaction represents an allocation-based entry rather than a conviction-driven market purchase. The stock has appreciated to $23.29 as of 2026-05-19, reflecting typical post-IPO momentum, but this price appreciation cannot be attributed to insider foresight given the non-discretionary nature of the acquisition. The transaction establishes Raj's baseline holding at 5,405 shares post-IPO but provides limited signal about his independent assessment of value at current levels.

Director Lott Jeff Slaughter purchased 250,000 shares of EROK at $18.50 in private placement, now valued at $23.29 (3 trading days post-IPO).

Lott Jeff Slaughter, as Director, purchased 250,000 shares at $18.50 for $4,625,000.00 in what is flagged as a private placement transaction, not a discretionary open-market purchase. The acquisition represents his initial position in EROK, which completed its IPO just 3 trading days before the current price snapshot of $23.29. Since this was a structured allocation tied to the company's recent listing rather than a voluntary market purchase, it does not signal independent insider conviction about valuation. The rapid price move from $18.50 to $23.29 in the immediate post-IPO window is typical market behavior for newly listed securities and does not reflect the transaction's strategic merit.