[Form 4] Acadian Asset Management Inc. Insider Trading Activity
Rhea-AI Filing Summary
Acadian Asset Management Inc. reported that investment funds managed by Paulson & Co. Inc. executed an open-market sale of 1,900,000 shares of common stock at $77.25 per share. Following the transaction, the Funds indirectly hold 5,843,282 shares, with Paulson and John Paulson disclaiming beneficial ownership beyond what may be deemed indirect.
Positive
- None.
Negative
- None.
Insights
Paulson-managed funds sold 1.9M AAMI shares but retain a sizable position.
Investment funds managed by Paulson & Co. Inc. conducted an open-market sale of 1,900,000 shares of Acadian Asset Management Inc. common stock at $77.25 per share. The transaction is reported as indirect ownership "By Managed Funds."
After the sale, the Funds still hold 5,843,282 shares, indicating a substantial continuing stake. Footnotes state that Paulson and John Paulson may be deemed to indirectly beneficially own these securities but expressly disclaim beneficial ownership for certain legal purposes, framing this as a portfolio-level adjustment rather than a personal trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 | 1,900,000 | $77.25 | $146.78M |
Footnotes (1)
- Paulson & Co. Inc. ("Paulson") is the investment manager of investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 4 are owned by the Funds. Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 4 shall not be deemed an admission by any person reporting on this Form 4 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form 4.