CD&R Investment Associates IX, Ltd.'s Form 4 filing
Qxo Building Products, Inc.BECN · filed Aug 10, 2023
- Accession no.
- 0001209191-23-045308
- Filed
- Aug 10, 2023, 4:17 PM ET
- Trade date
- Aug 10, 2023
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction. Open-market sales total $417.3M. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| CD&R Investment Associates IX, Ltd.CIK 0001624514 | 10% Owner |
| CD&R Boulder Holdings, L.P.CIK 0001726960 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2023 | Common Stock | SSaleDisposed | −5,000,000 | $83.46F1 | −$417,300,000 | 10,171,964 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sale of common stock reported herein may be matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Act"), with the Reporting Persons' previously reported purchase of common stock on April 28, 2023. The Reporting Persons previously paid the Issuer voluntary disgorgement of $2,076,355 in connection with the April 28, 2023 purchase of common stock and July 6, 2023 sale of Series A Cumulative Convertible Participating Preferred Stock (the "Series A Preferred Stock") (in accordance with Rule 16b-6(c)(2) under the Act). As the sale price reported herein exceeds the sale price of the Series A Preferred Stock, the Reporting Persons have paid the Issuer voluntary disgorgement of $259,688, representing the incremental amount of the profit realized in connection with such short-swing transactions (in accordance with Rule 16b-6(c)(2) under the Act).
Referenced by the price of 1 transaction in Table I.