EQV Ventures Sponsor LLC reports beneficial ownership of 7,820,292 Class A shares of PRESIDIO PRODUCTION Co, representing 28.1% of the class. The total includes 133,332 warrants exercisable at $11.50 per share 30 days after March 4, 2026 and expiring five years after that Closing.
The percent is calculated using 27,652,068 Class A Shares outstanding as of March 23, 2026. Holdings include 1,851,161 Earn-Out Shares and 3,702,323 DRIP Shares, each subject to vesting schedules described in the filing.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed with structured vesting and warrant exposure.
EQV Ventures Sponsor LLC reports a substantial 28.1% beneficial position in PRESIDIO PRODUCTION Co, composed of vested and contingent share classes: earn‑out shares, DRIP shares subject to time‑based vesting, and warrants exercisable at $11.50.
Key dependencies include the earn‑out price triggers at $12.50 and $15.00, the DRIP vesting schedule over three years, and warrant exercisability beginning 30 days after March 4, 2026. Subsequent filings will show how many shares become freely tradable as vesting conditions lapse.
Key Figures
Beneficial ownership:7,820,292 sharesPercent of class:28.1%Shares outstanding:27,652,068 shares+3 more
Percent of class28.1%Calculated using 27,652,068 shares outstanding as of March 23, 2026
Shares outstanding27,652,068 sharesAs of March 23, 2026 (used for percent calculation)
Warrants133,332 warrantsExercisable at $11.50 per share 30 days after March 4, 2026
Earn‑Out Shares1,851,161 sharesSubject to price‑based vesting at $12.50 and $15.00 thresholds
DRIP Shares3,702,323 sharesSubject to time‑based vesting over three years following Closing
Key Terms
Warrants, Earn‑Out Shares, DRIP Shares, Shared voting power
4 terms
Warrantsfinancial
"issuable upon the exercise of warrants to purchase Class A Shares"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Earn‑Out Sharesfinancial
"1,851,161 Class A Shares (the "Earn‑Out Shares") subject to vesting"
DRIP Sharesfinancial
"3,702,323 Class A Shares ("DRIP Shares") that are subject to restrictions"
Shared voting powerregulatory
"Shared Voting Power 7,820,292.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PRESIDIO PRODUCTION Co
(Name of Issuer)
Class A common stock, par value $0.0001, per share
(Title of Class of Securities)
74102N101
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
74102N101
1
Names of Reporting Persons
EQV Ventures Sponsor LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,820,292.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,820,292.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,820,292.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
28.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The reported amount includes 133,332 shares of Class A common stock of the Issuer, par value $0.0001 per share ("Class A Shares"), issuable upon the exercise of warrants to purchase Class A Shares, which will become exercisable at a price of $11.50 per share 30 days following March 4, 2026 ("the Closing") and expire five years following the Closing ("Warrants").
The reported percent of class is calculated based upon 27,652,068 Class A Shares outstanding as of March 23, 2026, as provided by the Issuer in its prospectus supplement filed with the Securities and Exchange Commission on March 24, 2026, plus 133,332 Warrants.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
PRESIDIO PRODUCTION Co
(b)
Address of issuer's principal executive offices:
500 W. 7th Street, Suite 1500, Fort Worth, Texas 76102
Item 2.
(a)
Name of person filing:
This statement is filed by EQV Ventures Sponsor LLC, referred to herein as the "Reporting Person."
(b)
Address or principal business office or, if none, residence:
1090 Center Drive, Park City, UT 84098
(c)
Citizenship:
See response to Item 4 on the cover page.
(d)
Title of class of securities:
Class A common stock, par value $0.0001, per share
(e)
CUSIP Number(s):
74102N101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See response to Item 9 on the cover page.
The reported securities are directly held by EQV Ventures Sponsor LLC. The reported securities include (i) 1,851,161 Class A Shares (the "Earn-Out Shares") which, pursuant to that certain sponsor letter agreement entered into on August 5, 2025, by and among EQV Ventures Sponsor LLC, Presidio Midco Inc., the Issuer, Prometheus Holdings LLC, Presidio Investment Holdings LLC and certain other individuals thereto (the "Sponsor Letter Agreement"), are subject to vesting (or forfeiture) on the basis of achieving certain trading price thresholds during the first five years following the Closing pursuant to an earnout program, with 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $12.50 per share and 50% of the Earn-Out Shares vesting, subject to the terms and conditions of the Sponsor Letter Agreement, at a price threshold of $15.00 per share; (ii) 3,702,323 Class A Shares ("DRIP Shares") that are subject to restrictions and forfeiture provisions during the first three years following the Closing pursuant to a dividend reinvestment program, which will fall away during the first three years following the Closing, with one-third of the DRIP Shares vesting on the date that is 12 months following the Closing, one-half of the remaining DRIP Shares vesting on the date that is 24 months following the Closing and the remaining DRIP Shares vesting on the date that is 36 months following the Closing; and (iii) 133,332 Class A Shares issuable upon exercise of Warrants. The Reporting Person is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerry Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the reported securities and the filing of this Statement shall not be deemed an admission by the Reporting Person or any of the Managers of the beneficial ownership of the reported securities for purposes of Section 13(d) or 13(g) or for any other purpose. The business address of each of these individuals is c/o EQV Ventures Sponsor LLC, 1090 Center Drive, Park City, UT 84098.
(b)
Percent of class:
See response to Item 11 on the cover page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See response to Item 5 on the cover page.
(ii) Shared power to vote or to direct the vote:
See response to Item 6 on the cover page.
(iii) Sole power to dispose or to direct the disposition of:
See response to Item 7 on the cover page.
(iv) Shared power to dispose or to direct the disposition of:
See response to Item 8 on the cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many PRESIDIO PRODUCTION Co (FTW) shares does EQV Ventures Sponsor LLC report owning?
EQV Ventures Sponsor LLC reports beneficial ownership of 7,820,292 Class A shares, representing 28.1% of the class. This total aggregates vested and contingent holdings, including earn‑out, DRIP shares, and warrants.
What components make up EQV's reported 7.82M stake in FTW?
The stake includes 1,851,161 Earn‑Out Shares, 3,702,323 DRIP Shares, and 133,332 Class A shares issuable upon exercise of warrants, each category subject to its own vesting or exercisability terms.
What are the warrant terms included in the EQV filing for FTW?
The filing states 133,332 warrants exercisable at $11.50 per share, becoming exercisable 30 days after March 4, 2026 and expiring five years after that Closing, per the prospectus supplement.
What share count was used to compute the 28.1% ownership in FTW?
The percentage is calculated using 27,652,068 Class A Shares outstanding as of March 23, 2026, plus the 133,332 warrants included in EQV's reported total, as stated in the filing.
