P10, Inc. — Director's Dealing 2025

Mar 22, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: P10, Inc. (PX)
CIK: 0001841968
Period of Report: 2025-03-19

Reporting Person: Poston Edwin A. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-19	Class A Common Stock	C	1304161	—	Acquired	2673531	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-19	Class B Common Stock	$	C	1304161	Disposed		Class A Common Stock (1304161)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	60502	Direct
Class A Common Stock	521664	Indirect

Footnotes

F1: Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.

F2: Continued from footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On March 19, 2025, TrueBridge Colonial Fund, u/a 11/15/2015 ("TrueBridge Colonial") converted 1,304,161 shares of Class B Common Stock into an equivalent number of shares of Class A Common Stock.

F3: Represents securities of the Issuer owned directly and indirectly by TrueBridge Colonial. First Republic Trust Company of Delaware, as trustee of TrueBridge Colonial, may be deemed to beneficially own the securities of the Issuer owned directly and indirectly by TrueBridge Colonial. Mr. Poston disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.

F4: These securities are owned directly by Mr. Poston.

F5: Represents securities of the Issuer owned directly by the Edwin A. Poston Revocable Trust (the "Poston Trust"). Mr. Poston, as sole trustee of the Poston Trust, may be deemed to beneficially own the securities of the Issuer owned indirectly by TrueBridge Colonial. Mr. Poston disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Person is a beneficial owner of the securities of the Issuer reported herein.