Kilgore Jason's Form 4 filing
Summit Materials, Inc. (SUM) · filed May 14, 2024
- Accession no.
- 0001628280-24-023266
- Filed
- May 14, 2024
- Trade date
- May 13, 2024
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.03M. It was filed 1 day after the trade.
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 |
|---|---|
| Kilgore JasonCIK 0002006214 | Officer (See Remarks) |
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 |
|---|---|---|---|---|---|---|---|---|
| May 13, 2024 | Class A Common Stock | MOption exerciseAcquired | +50,589 | $18.00 | +$910,602 | 111,219 | Direct | |
| May 13, 2024 | Class A Common Stock | SSaleDisposed | −11,210 | $40.40F2 | −$452,884 | 100,009 | Direct | |
| May 13, 2024 | Class A Common Stock | SSaleDisposed | −39,379 | $40.15F3 | −$1,581,066.85 | 60,630 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 13, 2024 | Class A Common Stock | MOption exerciseDisposed | −50,589 | $0.00 | $0 | 0 | Direct |
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.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $40.34 to $40.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The Reporting Person remains within compliance of the Issuer's equity ownership guidelines.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $40.01 to $40.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The Reporting Person remains within compliance of the Issuer's equity ownership guidelines.
Referenced by the price of 1 transaction in Table I.
Remarks
Title: EVP, West Segment Construction Materials