ERock, Inc. continues to report Walter Thomas McAndrew, Jr. as the beneficial owner of 31.9%, equal to 22,587,118 shares, after a correction to the allocation of certain shares. The passive Schedule 13G position remains unchanged in aggregate, while 16,540,099 shares are reported through McAndrew Holdings.

Key Highlights

  • McAndrew Holdings, McAndrew Holdings, LLC and Jay Willis McAndrew each report beneficial ownership of 25.6%.
  • McAndrew’s holdings include 22,536,568 Class B Units exchangeable into Class A shares.
  • The corrected allocation assigns 6,047,019 shares to McAndrew’s sole voting and dispositive power.

ERock, Inc. (NYSE: EROC) has Walter Thomas McAndrew, Jr. as a passive beneficial owner of 31.9%, representing 22,587,118 shares. The aggregate position is unchanged after a correction to the allocation of certain Class B shares and related Class B Units. The reported intent is passive under Schedule 13G.

McAndrew’s 31.9% Position

McAndrew’s sole voting and dispositive power covers 6,047,019 Class A shares. That total includes 50,550 Class A shares held directly and 5,996,469 Class B shares paired with the same number of Class B Units held directly. His shared voting and dispositive power covers 16,540,099 shares attributed to McAndrew Holdings. McAndrew may be deemed to share that power because he serves as a manager of McAndrew Holdings, LLC, the general partner of McAndrew Holdings. The combined figures produce McAndrew’s reported beneficial ownership of 22,587,118 shares and 31.9% of the class.

Allocation Correction Leaves Total Unchanged

The correction changes the allocation of certain securities among McAndrew, McAndrew Holdings, McAndrew Holdings, LLC and Jay Willis McAndrew. It does not change McAndrew’s aggregate beneficial ownership. McAndrew Holdings reports 16,540,099 shares and 25.6% beneficial ownership. Their voting and dispositive power is described as shared through the partnership’s general-partner and management structure.

Class B Units Remain Exchangeable

An equivalent number of Class B shares would be cancelled when an exchange occurs. McAndrew Holdings’ calculation includes 16,540,099 Class A shares that it can acquire within the same period. The percentages use 48,174,023 Class A shares outstanding as of August 7, 2026, together with the applicable exchange rights. The correction therefore preserves McAndrew’s reported aggregate stake while revising how certain beneficial ownership is allocated among the reporting persons.