---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-231118"
form_type: "8-K"
ticker: "EROK"
cik: "0002104882"
company_name: "EagleRock Land, LLC"
filed_at: "2026-05-19T21:17:15+00:00"
generated_at: "2026-05-19T21:19:53.296943+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# EagleRock Land completes IPO and reorganization; raises $333.1M net from 19.9M Class A shares at $18.50

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-231118
- form_type: 8-K
- ticker: EROK
- cik: 0002104882
- company_name: EagleRock Land, LLC
- filed_at: 2026-05-19T21:17:15+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 5.03, 3.02, 3.03, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/d227931d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-231118
- JSON: https://secwatch.observer/filing/0001193125-26-231118.json
- Plain text: https://secwatch.observer/filing/0001193125-26-231118.txt

## Key facts
- Executive change
  Jeff S. Lott was appointed as Director at EagleRock Land, LLC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Executive change
  Raj Kumar was appointed as Director at EagleRock Land, LLC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Executive change
  Stephanie Reed was appointed as Director at EagleRock Land, LLC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Executive change
  James C. Nelson was appointed as Director at EagleRock Land, LLC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Executive change
  Richard H. Coats was appointed as Chairman of the Board at EagleRock Land, LLC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Executive change
  Michael Wallace was appointed as Director at EagleRock Land, LLC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm
- Governance Changes
  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
  source text: On May 15, 2026, Lea & Eddy caused the amendment and restatement of the Company’s company agreement (the “PubCo LLC Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2104882/000119312526231118/0001193125-26-231118-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
