Alliance Laundry holder sells 25.9M shares at $22.74
Alliance Laundry Holdings Inc. (ALH) had a large shareholder group led by BDT Badger Holdings, LLC report the sale of 25,932,500 shares of Common Stock at $22.7362 per share on August 20, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Alliance Laundry Holdings Inc. (ALH) had a large shareholder group led by BDT Badger Holdings, LLC report the sale of 25,932,500 shares of Common Stock at $22.7362 per share on August 20, 2026. The sale occurred in a secondary underwritten offering, including an underwriters' overallotment option, and was reported as indirect ownership. After the transaction, the reporting group shows 114,832,842 shares held indirectly, with multiple BDT and related entities and individuals potentially deemed to share beneficial ownership, all subject to formal disclaimers of beneficial ownership beyond their pecuniary interests.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 25,932,500 shares
Net Sell
1 txn
Insider
BDT CAPITAL PARTNERS, LLC, BDTCP GP II-A, L.P., BDTCP GP II, Co., BDT Badger Holdings, LLC, BDTP GP, LLC, Trott Byron D, BDTCP GP II-A (DEL), LLC
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Sold
25,932,500 shs ($589.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share ("Common Stock") F1, F2, F3, F4 | 25,932,500 | $22.7362 | $589.61M |
Holdings After Transaction:
Common Stock, par value $0.01 per share ("Common Stock") — 114,832,842 shares (Indirect, See Footnote)
Footnotes (4)
- F1. This amount represents the $22.7362 sale price per share of common stock, par value $0.01 per share, in a secondary offering of shares, including as a result of the underwriters' exercise of an overallotment option, made pursuant to an underwriting agreement, dated August 18, 2026, which closed on August 20, 2026.
- F2. This Form 4 is jointly filed by BDTBH, BDTCP GP II-A, L.P. ("BDTCP GP II-A"), BDTCP GP II-A (DEL), LLC ("BDTCP GP II-A DEL"), BDTCP GP II, Co. ("BDTCP GP II"), BDT Capital Partners, LLC ("BDTCP"), BDTP GP, LLC ("BDTP") and Byron D. Trott. BDTCP wholly owns its shares through the investment fund BDTBH. The managing member of BDTBH is BDTCP GP II-A DEL, of which BDTCP GP II-A is the sole member. The sole member of BDTCP GP II is BDTCP, of which the managing member is BDTP. Byron D. Trott is the sole member of BDTP. Each of BDTCP GP II-A DEL, BDTCP GP II-A, BDTCP GP II, BDTCP, BDTP and Mr. Trott may be deemed to have indirect voting and investment control over the shares held by BDTBH. Voting and investment determinations with respect to the shares held by BDTBH are made by an investment committee of (cont'd in next FN)
- F3. (cont'd from previous FN) BDT & MSD Partners, LLC ("BDT & MSD") comprised of Byron D. Trott, Dan Jester, Gregg Lemkau, San Orr, Robert Platek, Amy Ennesser, Genevieve Hovde, Douglas Londal, Robert Verigan, Greg Olafson and Dag Skattum. Accordingly, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the securities held of record by BDTBH. Each of them disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein. The address for BDTBH, BDTCP GP II-A, BDTCP GP II-A DEL, BDTCP GP II, BDTCP, BDTP and Mr. Trott is BDT & MSD, 401 North Michigan Avenue, Suite 3100, Chicago, IL 60611. Each of the reporting persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interests therein. (cont'd in next FN)
- F4. (cont'd from previous FN) This Form 4 shall not be deemed to be an admission that any reporting person hereunder is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose. Robert L. Verigan is a Partner of BDT & MSD, an affiliate of BDTCP, and is a director of the Issuer. By virtue of his service on the Board of Directors of the issuer as a representative of BDTCP, for purposes of Section 16, the reporting persons may be deemed to be a director by deputization of the Issuer.
Key Figures
Shares sold: 25,932,500 shares of Common Stock
Sale price per share: $22.7362 per share
Shares held after transaction: 114,832,842 shares of Common Stock
+2 more
5 metrics
Shares sold
25,932,500 shares of Common Stock
Non-derivative sale reported for August 20, 2026
Sale price per share
$22.7362 per share
Price in secondary offering, including underwriters' overallotment option
Shares held after transaction
114,832,842 shares of Common Stock
Indirect ownership reported following the sale
Underwriting agreement date
August 18, 2026
Date of underwriting agreement for secondary offering
Offering closing date
August 20, 2026
Closing date of the secondary offering
Key Terms
secondary offering, overallotment option, underwriting agreement, beneficial ownership, +1 more
5 terms
secondary offering financial
"sale price per share ... in a secondary offering of shares, including as a result"
A secondary offering is when a company sells new shares of its stock to the public after its initial sale. This allows existing shareholders or the company itself to raise additional money. For investors, it can impact the stock’s price by increasing the total number of shares available, which may influence the stock’s value and how the market perceives the company’s financial health.
overallotment option financial
"secondary offering of shares, including as a result of the underwriters' exercise of an overallotment option"
An overallotment option (often called a "greenshoe") is a pre-arranged allowance for underwriters to sell or buy up to a specified extra percentage of a company’s shares during an offering to meet unexpected demand or support the share price. Think of it as a short-term buffer: it helps reduce wild swings right after shares start trading but can slightly increase the total shares outstanding if the option is exercised, which matters to investors because it affects supply, price stability, and potential dilution.
underwriting agreement financial
"made pursuant to an underwriting agreement, dated August 18, 2026, which closed"
An underwriting agreement is a contract where a company selling new stocks or bonds hires financial firms to buy those securities and resell them to investors. It matters because the agreement sets the offering price, number of securities, fees and which party bears the risk if sales fall short—think of it as a promise that the sale will happen and a roadmap investors can use to understand how the new securities reach the market.
beneficial ownership financial
"may be deemed to share beneficial ownership of the securities held of record"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of any of the reported securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ALH report in this Form 4?
A shareholder group associated with BDT Badger Holdings, LLC reported the sale of 25,932,500 shares of Alliance Laundry Holdings Inc. Common Stock on August 20, 2026, in a secondary underwritten offering.
Was the ALH insider sale part of a secondary offering?
Yes. The 25,932,500-share sale of Alliance Laundry Holdings Inc. stock was made in a secondary offering pursuant to an underwriting agreement dated August 18, 2026, which closed on August 20, 2026, including an underwriters' overallotment option.
Who are the reporting persons in this ALH Form 4 filing?
Reporting persons include BDT Badger Holdings, LLC, several related BDT entities, and Byron D. Trott, among others, who may be deemed to share beneficial ownership of shares held by BDT Badger Holdings, LLC, subject to stated beneficial ownership disclaimers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
