New Era Energy & Digital director Kent McCarthy disposes $15.5m in shares

Kent C. McCarthy, a director and 10% owner of New ERA Energy & Digital Inc., disposed of $15.5 million worth of shares on October 14, 2026. He sold approximately 200,000 shares at $3.9085 per share directly and 4,090,000 shares indirectly through AMC Fund, L.P., at a weighted average price of $3.6102. The transactions involved both common stock and call options, with McCarthy disposing of 50,000 call options at a price of $0.5636 and 200,000 call options at a weighted average price of $1.2649.

These sales resulted in the entity no longer being subject to Section 16 reporting requirements for transactions in New Era Energy & Digital's equity securities. Meanwhile, New Era Energy & Digital announced a 20-year power purchase agreement with Luminant ET Services Company LLC, an affiliate of Vistra Corp., for Phase 1 of the Texas Critical Data Center project.

The agreement will supply between 200MW and 207MW of power, with availability expected in the third quarter of 2027.

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