LHX Intermediate, LLC - 30 Oct 2025 Form 4 Insider Report for Zeo Energy Corp. (ZEO)

Reporting relationship: 10%+ Owner
Issuer ticker: ZEO
Reported as of: 30 Oct 2025
Net transaction value: -$2,500,000
SEC form: 4
Accepted by SEC: 20 Nov 2025, 17:00:31 UTC
Prior SEC filing: 20 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Barbara J.S. McKee, Authorized Signatory of Manager

Key filing fact

LHX Intermediate, LLC filed Form 4 for Zeo Energy Corp. (ZEO) on 20 Nov 2025.

Key facts

This page summarizes LHX Intermediate, LLC's Form 4 filing for Zeo Energy Corp. (ZEO).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 20 Nov 2025, 17:00.

Change

Previous filing in this sequence was filed on 20 Nov 2025.
Current net transaction value: -$2,500,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002046915 Primary reporting owner

LHX Intermediate, LLC

Relationship: 10%+ Owner
Address: 3 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO
Signature: /s/ Barbara J.S. McKee, Authorized Signatory of Manager
Signature date: 20 Nov 2025

CIK 0001420562

WHITE OAK GLOBAL ADVISORS LLC

Relationship: 10%+ Owner
Address: 3 EMBARCADERO CENTER, SUITE 550, SAN FRANCISCO
Signature: /s/ Barbara J.S. McKee, Authorized Signatory of Manager
Signature date: 20 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZEO transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +1,851,851
Change %: +23%
Price
Shares after: 9,931,851
Date: 30 Oct 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZEO transaction Derivative

Promissory Note

Conversion of derivative security

Transaction value: $2,500,000
Shares
Change %
Price
Shares after: 0
Date: 30 Oct 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,851,851
Exercise price: $1.35
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On December 24, 2024 (the "Issue Date"), Zeo Energy Corp. (the "Issuer") issued a promissory note (the "Promissory Note") to LHX Intermediate, LLC, a Delaware limited liability company ("LHX"), pursuant to which the Issuer could borrow up to an aggregate principal amount of $4,000,000 (the "Loan"), subject to the terms and conditions set forth in the Promissory Note. On October 30, 2025 (the "Repayment Date"), the Issuer issued 1,851,851 shares of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") to LHX upon the Issuer's conversion of the Promissory Note held by LHX in the principal amount of $2,500,000 at a conversion price of $1.35 per share. The term of the Promissory Note expired on the Repayment Date.

Footnote F2

The securities of the Issuer are held directly by LHX. White Oak Global Advisors, LLC ("WOGA") is the manager of the funds and accounts that own LHX. WOGA disclaims beneficial ownership with respect to any securities of the Issuer held by LHX, except to the extent of its pecuniary interest in such securities. Investment and voting decisions for WOGA are made by a simple majority vote of its investment committee. Therefore, no individual member of the investment committee is considered to be the beneficial owner of the securities of the Issuer held by LHX, except to the extent of his or her pecuniary interest in such securities.