EQV Resources Intermediate LLC and EQV Resources Partners LLC filed a Form 4 on September 10, 2026, disclosing a disposition of 3,422,260 shares of Presidio Production Company Class A Common Stock on September 9, 2026.

Key Highlights

  • Transaction date: September 9, 2026, with the filing submitted September 10, 2026.
  • Shares disposed: 3,422,260 shares of Class A Common Stock (par value $0.0001 per share) were disposed of by EQV Resources Intermediate LLC.
  • Transaction price: $0, as the distribution was made without consideration, according to the filing.
  • Transaction code: J, indicating a transaction not otherwise covered by standard codes.
  • Beneficial ownership following transaction: EQV Resources Partners LLC reported 0 shares beneficially owned following the transaction.
  • Ownership structure: EQV Resources Partners LLC is managed by a board of five individuals, according to the filing.

EQV Resources Entities Complete Distribution of Presidio Production Shares to Members

According to the filing, EQV Resources Intermediate LLC and EQV Resources Partners LLC distributed shares of Class A Common Stock of Presidio Production Company (NYSE:FTW) held directly by EQV Resources Intermediate LLC to the members of EQV Resources Partners LLC. The filing states this distribution was carried out "without consideration, in accordance with the provisions of the limited liability company agreements of each of EQV Resources Intermediate LLC and EQV Resources Partners LLC."

The transaction, coded "J" and dated September 9, 2026, involved 3,422,260 shares disposed of at a price of $0. Following the transaction, EQV Resources Partners LLC reported holding 0 shares through its indirect interest in EQV Resources Intermediate LLC. Both entities are located at 1090 Center Dr, Park City, Utah 84098, and both are identified as 10% owners of Presidio Production Company. The filing was signed by Jerome Silvey as President for both EQV Resources Partners LLC and EQV Resources Intermediate LLC on September 10, 2026.

The filing further states that "EQV Resources Partners LLC may be deemed to beneficially own the securities held directly by EQV Resources Intermediate LLC by virtue of its ownership of EQV Resources Intermediate LLC," and adds that "EQV Resources Partners LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein."

What Was Disclosed

Two related entities, EQV Resources Intermediate LLC and EQV Resources Partners LLC, disclosed the distribution of 3,422,260 Presidio Production Company Class A Common Stock shares to LLC members without consideration, leaving EQV Resources Partners LLC with zero shares beneficially owned following the transaction.