Tapewire

Nasdaq · USD

SHEN

SHENANDOAH TELECOMMUNICATIONS CO/VA/

Export transactions ↓
Tapewire entity
2567
SEC CIK
0000354963
Parsed reports
1,155

Last 12 months

Inside the activity.

3 purchase rows · 0 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202500
Jan 202600
Feb 202600
Mar 202600
Apr 202600
May 202600
Jun 202600
Jul 202630
Aug 202600
Sep 202600
Oct 202600

Latest available

Insider transactions

JSON API
Reset

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
September 02, 2025 Filed Sep 2, 2025 22:28 UTC GrantCommon Stock 47.1698 $13.25 $625.00
Disclosure

SEC source: 0000354963-25-000240 · form4.xml · nonDerivative · entry 1

QUAGLIO KENNETH L · CIK 0001697225 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,380.7489

F1 · kind: Shares received in lieu of director fees.

Read SEC document
September 02, 2025 Filed Sep 2, 2025 22:26 UTC GrantCommon Stock 37.7358 $13.25 $500.00
Disclosure

SEC source: 0000354963-25-000239 · form4.xml · nonDerivative · entry 1

Koontz Richard L Jr · CIK 0001361555 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 59,884.1475

F1 · kind: Shares received in lieu of director fees.

Read SEC document
September 02, 2025 Filed Sep 2, 2025 22:25 UTC GrantCommon Stock 78.6166 $13.25 $1,041.67
Disclosure

SEC source: 0000354963-25-000238 · form4.xml · nonDerivative · entry 1

Fitzsimmons Tracy · CIK 0001326070 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 44,717.1923

F1 · kind: Shares received in lieu of director fees.

Read SEC document
September 02, 2025 Filed Sep 2, 2025 22:23 UTC GrantCommon 30.1887 $13.25 $400.00
Disclosure

SEC source: 0000354963-25-000237 · form4.xml · nonDerivative · entry 1

Beckett Thomas · CIK 0001490436 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,709.759

F1 · kind: Shares received in lieu of director fees.

Read SEC document
September 02, 2025 Filed Sep 2, 2025 22:22 UTC GrantCommon Stock 61.6355 $13.25 $816.67
Disclosure

SEC source: 0000354963-25-000236 · form4.xml · nonDerivative · entry 1

BARNES VICTOR CHRISTOPHER · CIK 0001914490 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 16,030.263

F1 · kind: Shares received in lieu of director fees.

Read SEC document
September 02, 2025 Filed Sep 4, 2025 20:30 UTC PurchaseCommon Stock 28,951 $13.01 $376,591.71
Disclosure

SEC source: 0001641172-25-026594 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,406,184

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.92 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
September 02, 2025 Filed Sep 4, 2025 20:30 UTC PurchaseCommon Stock 28,951 $13.01 $376,591.71
Disclosure

SEC source: 0001641172-25-026593 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,406,184

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.92 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 29, 2025 Filed Sep 2, 2025 21:23 UTC PurchaseCommon Stock 12,000 $13.25 $159,018.00
Disclosure

SEC source: 0001641172-25-026239 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,377,233

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.19 to $13.29. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 29, 2025 Filed Sep 2, 2025 20:30 UTC PurchaseCommon Stock 12,000 $13.25 $159,018.00
Disclosure

SEC source: 0001641172-25-026217 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,377,233

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.19 to $13.29. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 28, 2025 Filed Sep 2, 2025 21:23 UTC PurchaseCommon Stock 14,358 $13.26 $190,434.46
Disclosure

SEC source: 0001641172-25-026239 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,365,233

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.20 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 28, 2025 Filed Sep 2, 2025 20:30 UTC PurchaseCommon Stock 14,358 $13.26 $190,434.46
Disclosure

SEC source: 0001641172-25-026217 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,365,233

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.20 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 27, 2025 Filed Aug 28, 2025 20:15 UTC PurchaseCommon Stock 200 $13.35 $2,669.00
Disclosure

SEC source: 0001641172-25-025809 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,350,875

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.34 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 27, 2025 Filed Aug 28, 2025 20:15 UTC PurchaseCommon Stock 200 $13.35 $2,669.00
Disclosure

SEC source: 0001641172-25-025810 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,350,875

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.34 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 26, 2025 Filed Aug 28, 2025 20:15 UTC PurchaseCommon Stock 7,053 $13.27 $93,564.39
Disclosure

SEC source: 0001641172-25-025809 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,350,675

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.24 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 26, 2025 Filed Aug 28, 2025 20:15 UTC PurchaseCommon Stock 7,053 $13.27 $93,564.39
Disclosure

SEC source: 0001641172-25-025810 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,350,675

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.24 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 25, 2025 Filed Aug 26, 2025 20:46 UTC PurchaseCommon Stock 1,500 $13.10 $19,648.35
Disclosure

SEC source: 0001641172-25-025551 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,343,622

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.95 to $13.24. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 25, 2025 Filed Aug 26, 2025 20:45 UTC PurchaseCommon Stock 1,500 $13.10 $19,648.35
Disclosure

SEC source: 0001641172-25-025549 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,343,622

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.95 to $13.24. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 22, 2025 Filed Aug 26, 2025 20:46 UTC PurchaseCommon Stock 4,000 $13.09 $52,360.00
Disclosure

SEC source: 0001641172-25-025551 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,342,122

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.75 to $13.22. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 22, 2025 Filed Aug 26, 2025 20:45 UTC PurchaseCommon Stock 4,000 $13.09 $52,360.00
Disclosure

SEC source: 0001641172-25-025549 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,342,122

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.75 to $13.22. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 21, 2025 Filed Aug 22, 2025 20:15 UTC PurchaseCommon Stock 9,059 $12.66 $114,652.52
Disclosure

SEC source: 0001641172-25-025217 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,338,122

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.42 to $12.74. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 21, 2025 Filed Aug 22, 2025 20:15 UTC PurchaseCommon Stock 9,059 $12.66 $114,652.52
Disclosure

SEC source: 0001641172-25-025215 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,338,122

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.42 to $12.74. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 20, 2025 Filed Aug 22, 2025 20:15 UTC PurchaseCommon Stock 15,433 $12.52 $193,188.75
Disclosure

SEC source: 0001641172-25-025217 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,329,063

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.47 to $12.6248. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 20, 2025 Filed Aug 22, 2025 20:15 UTC PurchaseCommon Stock 15,433 $12.52 $193,188.75
Disclosure

SEC source: 0001641172-25-025215 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,329,063

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.47 to $12.6248. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 19, 2025 Filed Aug 20, 2025 20:30 UTC PurchaseCommon Stock 10,560 $12.54 $132,393.89
Disclosure

SEC source: 0001641172-25-024983 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,313,630

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.47 to $12.59. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 19, 2025 Filed Aug 20, 2025 20:30 UTC PurchaseCommon Stock 10,560 $12.54 $132,393.89
Disclosure

SEC source: 0001641172-25-024982 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,313,630

F4 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.47 to $12.59. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 18, 2025 Filed Aug 20, 2025 20:30 UTC PurchaseCommon Stock 20,047 $12.52 $250,944.34
Disclosure

SEC source: 0001641172-25-024983 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,303,070

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.46 to $12.65. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 18, 2025 Filed Aug 20, 2025 20:30 UTC PurchaseCommon Stock 20,047 $12.52 $250,944.34
Disclosure

SEC source: 0001641172-25-024982 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,303,070

F1 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.46 to $12.65. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F3 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 13, 2025 Filed Aug 14, 2025 20:31 UTC PurchaseCommon Stock 1,473 $12.87 $18,962.67
Disclosure

SEC source: 0001641172-25-024079 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,283,023

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.8041 to $13.12. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 13, 2025 Filed Aug 14, 2025 20:30 UTC PurchaseCommon Stock 1,473 $12.87 $18,962.67
Disclosure

SEC source: 0001641172-25-024072 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,283,023

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.8041 to $13.12. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IVC, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 12, 2025 Filed Aug 14, 2025 20:31 UTC PurchaseCommon Stock 30,000 $12.59 $377,763.00
Disclosure

SEC source: 0001641172-25-024079 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,281,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.27 to $12.755. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 12, 2025 Filed Aug 14, 2025 20:30 UTC PurchaseCommon Stock 30,000 $12.59 $377,763.00
Disclosure

SEC source: 0001641172-25-024072 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,281,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.27 to $12.755. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IVC, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 11, 2025 Filed Aug 12, 2025 20:30 UTC PurchaseCommon Stock 30,000 $11.88 $356,460.00
Disclosure

SEC source: 0001641172-25-023208 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,251,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $11.71 to $12.265. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 11, 2025 Filed Aug 12, 2025 20:30 UTC PurchaseCommon Stock 30,000 $11.88 $356,460.00
Disclosure

SEC source: 0001641172-25-023207 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,251,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $11.71 to $12.265. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 11, 2025 Filed Aug 12, 2025 13:00 UTC
FRENCH CHRISTOPHER EPresident & CEO
PurchaseCommon Stock 16,800 $11.83 $198,676.80
Disclosure

SEC source: 0000354963-25-000227 · form4.xml · nonDerivative · entry 1

FRENCH CHRISTOPHER E · CIK 0001120042 · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 410,517

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.7550 to $11.88, inclusive. The reporting person undertakes to provide Shenandoah Telecommunications Company, any security holder of Shenandoah Telecommunications Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Read SEC document
August 08, 2025 Filed Aug 12, 2025 20:30 UTC PurchaseCommon Stock 30,000 $12.52 $375,510.00
Disclosure

SEC source: 0001641172-25-023208 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,221,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.16 to $13.02. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 08, 2025 Filed Aug 12, 2025 20:30 UTC PurchaseCommon Stock 30,000 $12.52 $375,510.00
Disclosure

SEC source: 0001641172-25-023207 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,221,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.16 to $13.02. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 07, 2025 Filed Aug 8, 2025 20:30 UTC PurchaseCommon Stock 25,104 $12.71 $319,081.88
Disclosure

SEC source: 0001641172-25-022781 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,191,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.43 to $13.055. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 07, 2025 Filed Aug 8, 2025 20:30 UTC PurchaseCommon Stock 25,104 $12.71 $319,081.88
Disclosure

SEC source: 0001641172-25-022778 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,191,550

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.43 to $13.055. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 06, 2025 Filed Aug 8, 2025 20:30 UTC PurchaseCommon Stock 22,085 $13.01 $287,352.35
Disclosure

SEC source: 0001641172-25-022781 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,166,446

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.88 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 06, 2025 Filed Aug 8, 2025 20:30 UTC PurchaseCommon Stock 22,085 $13.01 $287,352.35
Disclosure

SEC source: 0001641172-25-022778 · ownership.xml · nonDerivative · entry 1

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,166,446

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.88 to $13.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 20:30 UTC PurchaseCommon Stock 26,117 $13.12 $342,594.97
Disclosure

SEC source: 0001641172-25-022437 · ownership.xml · nonDerivative · entry 2

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,144,361

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.92 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 05, 2025 Filed Aug 6, 2025 20:30 UTC PurchaseCommon Stock 26,117 $13.12 $342,594.97
Disclosure

SEC source: 0001641172-25-022436 · ownership.xml · nonDerivative · entry 2

ECP ControlCo, LLC · CIK 0001707921 · 10% owner

Energy Capital Partners IV, LLC · CIK 0001845291 · 10% owner

Energy Capital Partners GP IV, LP · CIK 0001844921 · 10% owner

ENERGY CAPITAL PARTNERS IV-A, LP · CIK 0001726198 · 10% owner

ENERGY CAPITAL PARTNERS IV-B, LP · CIK 0001726216 · 10% owner

ENERGY CAPITAL PARTNERS IV-C, LP · CIK 0001726217 · 10% owner

ENERGY CAPITAL PARTNERS IV-D, LP · CIK 0001726219 · 10% owner

Energy Capital Partners IV-B (Hill City IP), LP · CIK 0002032499 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,144,361

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F5 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.92 to $13.30. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:54 UTC GrantCommon Stock 45.4135 $14.68 $666.67
Disclosure

SEC source: 0000354963-25-000224 · form4.xml · nonDerivative · entry 1

SCHULTZ LEIGH ANN · CIK 0001680184 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 25,860.1988

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:48 UTC GrantCommon Stock 34.0599 $14.69 $500.34
Disclosure

SEC source: 0000354963-25-000222 · form4.xml · nonDerivative · entry 1

Rhymes Michael Anthony · CIK 0002031312 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 2,941.4114

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:44 UTC GrantCommon Stock 42.5749 $14.69 $625.43
Disclosure

SEC source: 0000354963-25-000220 · form4.xml · nonDerivative · entry 1

QUAGLIO KENNETH L · CIK 0001697225 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,333.5791

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:35 UTC GrantCommon Stock 34.0599 $14.69 $500.34
Disclosure

SEC source: 0000354963-25-000218 · form4.xml · nonDerivative · entry 1

Koontz Richard L Jr · CIK 0001361555 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 59,846.4117

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:30 UTC GrantCommon Stock 70.9584 $14.69 $1,042.38
Disclosure

SEC source: 0000354963-25-000216 · form4.xml · nonDerivative · entry 1

Fitzsimmons Tracy · CIK 0001326070 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 44,638.5757

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:25 UTC GrantCommon 27.248 $14.69 $400.27
Disclosure

SEC source: 0000354963-25-000214 · form4.xml · nonDerivative · entry 1

Beckett Thomas · CIK 0001490436 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,679.5703

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 4, 2025 21:16 UTC GrantCommon Stock 55.6315 $14.69 $817.23
Disclosure

SEC source: 0000354963-25-000212 · form4.xml · nonDerivative · entry 1

BARNES VICTOR CHRISTOPHER · CIK 0001914490 · Director

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 15,968.6275

F1 · kind: Shares received in lieu of director fees.

Read SEC document
August 04, 2025 Filed Aug 6, 2025 20:30 UTC PurchaseCommon Stock 23,703 $13.00 $308,032.34
Disclosure

SEC source: 0001641172-25-022437 · ownership.xml · nonDerivative · entry 1

ECP Fiber Holdings GP, LLC · CIK 0002032452 · 10% owner

ECP Fiber Holdings, LP · CIK 0002032502 · 10% owner

Hill City Holdings GP, LLC · CIK 0002032495 · 10% owner

Hill City Holdings, LP · CIK 0001881388 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Plan reported

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,118,244

F1 · kind: The purchases reported herein were effected pursuant to a Rule 10b5-1 plan adopted by Hill City Holdings, LP ("Hill City") on June 5, 2025.

F2 · price: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $12.62 to $13.16. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3 · ownership.nature: The securities are held of record by Hill City. ECP ControlCo, LLC is the managing member of Energy Capital Partners IV, LLC, which is the general partner of Energy Capital Partners GP IV, LP, which is the general partner of each of (i) Energy Capital Partners IV-A, LP, (ii) Energy Capital Partners IV-B, LP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP (the "Funds"). Energy Capital Partners GP IV, LP is also the general partner of Energy Capital Partners IV-B (Hill City IP), LP ("Hill City IP"). Each of (i) Energy Capital Partners IV-A, LP, (ii) Hill City IP, (iii) Energy Capital Partners IV-C, LP, and (iv) Energy Capital Partners IV-D, LP are the members of Hill City Holdings GP, LLC, which is the general partner of Hill City.

F4 · ownership.nature: ECP ControlCo, LLC is controlled by its board of managers, which consists of Douglas Kimmelman, Peter Labbat, Tyler Reeder, Rahman D'Argenio, Raoul Hughes and Xavier Robert, all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo, LLC. As a result of these relationships, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by Hill City. Each such entity and individual disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.