Mel Williams - 09 Dec 2025 Form 4 Insider Report for P10, Inc. (PX)

Reporting relationship: Other*, 10%+ Owner
Issuer ticker: PX
Reported as of: 09 Dec 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Dec 2025, 17:14:45 UTC
Prior SEC filing: 24 Nov 2025
Next SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: By: Dominic Hong, as Attorney-in-Fact for the Reporting Person, /s/ Dominic Hong

Key filing fact

Mel Williams filed Form 4 for P10, Inc. (PX) on 11 Dec 2025.

Key facts

This page summarizes Mel Williams's Form 4 filing for P10, Inc. (PX).
2 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 11 Dec 2025, 17:14.

Change

Previous filing in this sequence was filed on 24 Nov 2025.
Current net transaction value: $0.

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 (1)

CIK 0001890819 Primary reporting owner

Williams Mel

Relationship: Other*, 10%+ Owner
Address: C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS
Signature: By: Dominic Hong, as Attorney-in-Fact for the Reporting Person, /s/ Dominic Hong
Signature date: 11 Dec 2025

Reported non-derivative transactions

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

PX transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +116,024
Change %
Price
Shares after: 116,024
Date: 09 Dec 2025
Ownership: By TrueBridge Ascent LLC
Footnotes: F1, F2, F3

PX holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,018,995
Date: 09 Dec 2025
Ownership: By The Mel Williams Irrevocable Trust u/a/d August 12, 2015
Footnotes: F4

PX holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 71,024
Date: 09 Dec 2025
Ownership: Direct
Footnotes: F5

Reported derivative securities

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

PX transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares: -116,024
Change %: -100%
Price
Shares after: 0
Date: 09 Dec 2025
Ownership: By TrueBridge Ascent LLC
Underlying class: Class A Common Stock
Underlying amount: 116,024
Exercise price
Footnotes: F1, F2, F3

PX holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,294,856
Date: 09 Dec 2025
Ownership: By The Mel Williams Irrevocable Trust u/a/d August 12, 2015
Underlying class: Class A Common Stock
Underlying amount: 4,294,856
Exercise price
Footnotes: F1, F2, F4

PX holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 104,698
Date: 09 Dec 2025
Ownership: By MAW Management Co.
Underlying class: Class A Common Stock
Underlying amount: 104,698
Exercise price
Footnotes: F1, F2, F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote 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 December 9, 2025, TrueBridge Ascent LLC converted 116,024 shares of Class B Common Stock into an equivalent number of shares of Class A Common Stock.

Footnote 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.

Footnote F4

Represents securities of the Issuer owned directly by The Mel Williams Irrevocable Trust u/a/d August 12, 2015 (the "Williams Trust"). Alliance Trust Company, as trustee of the Williams Trust, may be deemed to beneficially own the securities of the Issuer owned directly by the Williams Trust. 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.

Footnote F5

Represents securities of the Issuer owned directly by the Reporting Person.

Footnote F6

Represents securities of the Issuer owned directly by MAW Management Co. ("MAW Management"). The Reporting Person, as the president of MAW Management, may be deemed to beneficially own the securities of the Issuer owned directly by MAW Management. 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.

SEC remarks

This Form is being filed by Mel Williams (the "Reporting Person"). The Reporting Person may be deemed a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock. 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.