SEC Filing Document

Company: ERock, Inc.
Ticker: 
CIK: 2110029
Filing Type: DRS/A
Document Type: DRS/A
Date Filed: 2026-04-01
Accession Number: 0001193125-26-138217
Exchange: 
SIC Code: 3620
SIC Description: Electrical Industrial Apparatus
URL: https://www.sec.gov/Archives/edgar/data/2110029/000119312526138217/filename1.htm

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applicable to any of our executive officers or directors, on our website at www.enchantedrock.com. Information contained on our website or linked therein or otherwise connected thereto does not constitute part of nor is it incorporated by reference into this prospectus or the registration statement of which this prospectus forms a part. Corporate Governance Guidelines In connection with the completion of this offering, we intend to adopt corporate governance guidelines, which will set forth expectations for directors, director qualification standards, committee structure and functions and other policies for the governance of our company. A copy of our corporate governance guidelines will be posted on our website at www.enchantedrock.com. Information contained on our website or linked therein or otherwise connected thereto does not constitute part of, nor is it incorporated by reference into, this prospectus or the registration statement of which this prospectus forms a part. Table of Contents EXECUTIVE COMPENSATION Overview

“emerging growth company,” within the meaning of the Securities Act, for purposes of the SEC’s executive compensation disclosure rules, we have opted to comply with the executive compensation disclosure rules applicable to
“emerging growth companies.” In accordance with such rules, we are required to provide a Summary Compensation Table and an Outstanding Equity Awards at Fiscal Year-End Table, as well as specified
narrative disclosures regarding executive compensation for our last completed fiscal year. This section provides an overview of the material components of our executive compensation program for the following named executive officers (collectively,
our “NEOs”) during the fiscal year ended December 31, 2025.

Name Positions

John Carrington (1) Chief Executive Officer, Director

Corey Amthor (1) President, Director, Former Chief Executive Officer

Ian Blakely Chief Financial Officer

Paul Froutan Chief Operating Officer, Director

Thomas McAndrew (1) Advisor to Chief Executive Officer, Director, Former Chief Executive Officer

(1)	Mr. McAndrew served as Chief Executive Officer until June 2, 2025, following which he continued to
serve as an advisor to the Chief Executive Officer and a director on the ER Holdings board of managers. Mr. Amthor served as Chief Executive Officer from June 3, 2025 until December 8, 2025, following which he continued to serve as a
director on the ER Holdings board of managers, and Mr. Carrington has served as Chief Executive Officer since November 26, 2025.

Summary Compensation Table

The following table presents information regarding the total compensation awarded to, earned by, or paid to the NEOs for the
fiscal year ended December 31, 2025.

Name and Principal Position Year Salary ($) Bonus ($) (1) Stock Awards ($) (2) Non-Equity Incentive Plan Compensation ($) (3) All Other Compensation ($) (4) Total Compensation ($)

John Carrington
Chief Executive Officer 2025 14,668 100,000 2,997,386 — 99,996 3,212,050

Corey Amthor
President 2025 291,218 112,500 1,129,648 — 11,250 1,544,616

Ian Blakely
Chief Financial Officer 2025 266,408 112,500 413,914 — 8,967 801,789

Paul Froutan
Chief Operating Officer 2025 271,219 112,500 538,907 — 11,250 933,876

Thomas McAndrew (5)
Advisor to Chief Executive Officer 2025 326,250 293,708 — 197,458 — 817,416

(1)	Amounts reported in this column represent the bonuses paid to the NEOs for 2025 upon the Debt Repayment, as
defined and described under the “Annual Bonus” section below.

(2)	Amounts reported in this column represent the aggregate grant date fair value of the Compensatory Units
granted during 2025, as further described under the “Equity Compensation” section below, calculated in accordance with FASB ASC Topic 718, disregarding the effect of estimated forfeitures. For additional information regarding the
assumptions underlying this calculation please read Note 14—Stock-Based Compensation, to our consolidated financial statements for the year ended December 31, 2025. During 2025, in order to preserve the retention and incentive value
of previously granted Compensatory Units, ER

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Holdings adjusted the Threshold Amounts (as defined below) of certain outstanding Compensatory Units, including certain units held by Messrs. Amthor, Blakely, and Froutan. Thus, for such NEOs,
amounts reported in this column also include $16,644 for Mr. Amthor, $8,897 for Mr. Blakely, and $146,003 for Mr. Froutan reflecting the incremental fair value of such historic grants as of the applicable modification date.

(3)	Amount reported in this column for Mr. McAndrew reflects commission payments earned by him pursuant to
his employment agreement, as further described under the “Employment Agreements” section below.

(4)	Amounts reported in this column reflect (i) for Mr. Carrington, $99,996 in director cash fees paid
to him for services as a director of the Company prior to his appointment as Chief Executive Officer, and (ii) for Messrs. Amthor, Blakely, and Froutan, company contributions to the Company’s 401(k) plan. ER Management (as defined below)
also pays 100% of the premiums for Mr. McAndrew’s coverage under ER Management’s health and other insurance plans and the amount of such premiums which are in excess of the amount paid for other active employees is less than
$10,000. No other NEOs received any additional compensation during 2025 for services as a director on the ER Holdings board of managers.

(5)	Mr. McAndrew served as Chief Executive Officer until June 2, 2025, following which he continued to
serve as an advisor to the Chief Executive Officer and a director on the ER Holdings board of managers. Amounts reported reflect his compensation as Chief Executive Officer and advisor, and he did not receive any additional compensation during 2025
for services as a director on the ER Holdings board of managers.

Narrative Disclosure to Summary Compensation Table

Base Salary

Each
NEO’s base salary is a fixed component of compensation for performing specific job duties and functions. The Board generally reviews base salaries on an annual basis, taking into account market compensation rates and the NEO’s experience
and responsibilities. Mr. Carrington’s annual base salary was set in connection with his appointment as Chief Executive Officer at $500,000. Mr. McAndrew’s annual base salary was $500,000 in his capacity as Chief Executive
Officer and was initially set at $200,000 in connection with his transition to the role of advisor to the Chief Executive Officer.

At the beginning of 2025, annual base salary levels were $400,000 for Mr. Amthor, $339,900 for Mr. Blakely, and
$400,000 for Mr. Froutan. In order to prioritize and accelerate ER Holdings’ complete repayment of all indebtedness for borrowed money under a specified credit agreement with certain Irradiant Solutions Fund parties (the “Debt
Repayment”), in July 2025, such NEOs agreed to reduce their respective base salaries to $200,000 until the Debt Repayment has been achieved, following which each of their base salaries was increased to $350,000. The Debt Repayment was achieved
in November of 2025, and thus, the annual base salaries of such NEOs were increased to $350,000 at such time. In accordance with Mr. McAndrew’s employment agreement, his base salary was also increased to $275,000 upon the Debt Repayment.

Annual Bonus

ER Holdings (and its subsidiaries) has historically provided annual discretionary bonuses to its executives based on a holistic
review of individual and company performance. However, for the year ended December 31, 2025, to prioritize the Debt Repayment, the NEOs did not receive any 2025 annual bonuses. Instead, Messrs. Amthor, Blakely, and Froutan were each eligible to
receive a one-time Debt Repayment bonus equal to $18,750 multiplied by the number of calendar months that elapsed from June 1, 2025 through the date of the Debt Repayment, in order for ER Holdings to more
efficiently allocate cash flow prior to the Debt Repayment and to off-set the decreases in such NEOs’ base salaries during such time. The Debt Repayment occurred in November 2025, and thus, Messrs.
Amthor, Blakely, and Froutan each received such Debt Repayment bonuses in the amounts as set forth above in the Summary Compensation Table in the column entitled “Bonus.”

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Similarly, Mr. Carrington and Mr. McAndrew were also each eligible
to receive a cash bonus upon the Debt Repayment pursuant to their respective employment agreements, as further described under the “Employment Agreements” section below. Such NEOs also did not otherwise receive any annual bonuses for

Equity Compensation

Prior to this offering, our equity incentive program generally consisted of grants of “Compensatory Units” in ER
Holdings. The Compensatory Units are intended to qualify as “profits interests” for U.S. income tax purposes. The Compensatory Units are designed to align the NEOs’ interests with the interests of our equity holders and represent
interests in the profits of ER Holdings in excess of a certain “Threshold Amount” that acts similarly to a strike price for a stock option in that the holder will only realize value in excess of such amount. The Threshold Amount has
traditionally been reviewed and set in conjunction with a third-party valuation. Certain of our NEOs also historically received grants of profits interest units in ERock Holdings, Ltd. (an affiliated entity of ER Holdings) in 2015 and 2016, all of
which were fully vested prior to 2025.