8-K
filed May 19, 2026, 5:17 PM ET
ticker EROK
CIK 0002104882
other material
confidence high
sentiment positive
materiality 0.80
EagleRock Land completes IPO and reorganization; raises $333.1M net from 19.9M Class A shares at $18.50
EagleRock Land, LLC
- Sold 17.3M shares (plus 2.595M option) at $18.50; closed May 15 and May 19; net proceeds ~$333.1M used to repay credit facility and for general corporate purposes.
- Reorganization: contributors exchanged cash for Class B shares and assets for OpCo Units; company now sole managing member of OpCo with all operating assets.
- Board expanded to 7 directors: Richard H. Coats chairman; Raj Kumar, Jeff Lott, James Nelson, Stephanie Reed, Michael Wallace appointed; Audit committee formed.
- Adopted Long Term Incentive Plan (13,012,499 Class A shares reserved) and Employee Share Purchase Plan (1,377,784 shares reserved) effective May 15, 2026.
- Registration rights granted to certain holders; 180-day lock-up; special lock-up until $300M gross proceeds sold or 18 months; indemnification agreements signed.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeff S. Lott was appointed as Director at EagleRock Land, LLC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Raj Kumar was appointed as Director at EagleRock Land, LLC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephanie Reed was appointed as Director at EagleRock Land, LLC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James C. Nelson was appointed as Director at EagleRock Land, LLC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard H. Coats was appointed as Chairman of the Board at EagleRock Land, LLC.
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Wallace was appointed as Director at EagleRock Land, LLC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On May 13, 2026, the Board was enlarged, Richard H. Coats was appointed as chairman of the Board, and Raj Kumar, Jeff S. Lott, James C. Nelson, Stephanie Reed and Michael Wallace were appointed as members of the Board.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
EagleRock Land, LLC: Second Amended and Restated Company Agreement adopted, amending and restating the company's governing agreement (effective 2026-05-15).
- Change
- charter amendment
- Effective
- 2026-05-15
Exact text from the filing
On May 15, 2026, Lea & Eddy caused the amendment and restatement of the Company’s company agreement (the “PubCo LLC Agreement”).
View on SEC.gov
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