Williams Jr affiliates sell 1M Aveanna (AVAH) shares at $8 in Form 4
Rhea-AI Filing Summary
Aveanna Healthcare Holdings, Inc. insider filing shows entities associated with Robert M. Williams Jr. reported open‑market sales of a combined 1,000,000 shares of common stock at $8.00 per share on June 24, 2026. The sales were made by JHW Iliad Holdings II LLC, JHW Iliad Holdings LLC and J.H. Whitney VII, L.P., all reported as indirect holdings.
After these transactions, the filing shows 245,251 shares held by JHW Iliad Holdings II LLC, 2,339,639 shares held by JHW Iliad Holdings LLC and 12,531,158 shares held by J.H. Whitney VII, L.P., with additional indirect holdings at PSA Iliad Holdings LLC and PSA Healthcare Investment Holdings LLC. Footnotes state that Williams, through various management roles, may be deemed to share voting and dispositive power over these entities’ shares but disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000,000 shares
Net Sell
6 txns
Insider
WILLIAMS ROBERT M JR
Role
10% Owner
Sold
1,000,000 shs ($8.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 919,389 | $8.00 | $7.36M |
| Sale | Common Stock, $0.01 par value | 72,963 | $8.00 | $584K |
| Sale | Common Stock, $0.01 par value | 7,648 | $8.00 | $61K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 12,531,158 shares (Indirect, By J.H. Whitney VII, L.P.);
Common Stock, $0.01 par value — 2,339,639 shares (Indirect, By JHW Iliad Holdings LLC);
Common Stock, $0.01 par value — 245,251 shares (Indirect, By JHW Iliad Holdings II LLC);
Common Stock, $0.01 par value — 0 shares (Direct);
Common Stock, $0.01 par value — 15,523,810 shares (Indirect, By PSA Healthcare Investment Holdings LLC);
Common Stock, $0.01 par value — 1,426,034 shares (Indirect, By PSA Iliad Holdings LLC)
Footnotes (4)
- F1. J.H. Whitney Equity Partners VII, LLC ("Equity Partners VII") is the general partner of J.H. Whitney VII, L.P. ("JHW VII") and Whitney Strategic Partners VII, L.P. ("Strategic Partners VII"). Strategic Partners VII is the managing member of each of PSA Healthcare Investment Holdings LLC ("PSA Healthcare") and PSA Iliad Holdings LLC ("PSA Iliad Holdings"). As a result, Equity Partners VII may be deemed to share voting and dispositive power with respect to shares of common stock, $0.01 par value per share (the "Shares"), held by each of JHW VII, PSA Healthcare and PSA Iliad Holdings, and Strategic Partners VII may be deemed to share voting and dispositive power with respect to the Shares held by each of PSA Healthcare and PSA Iliad Holdings. Each of Equity Partners VII and Strategic Partners VII disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- F2. Project Iliad Managing Member, LLC ("Project Iliad") is the managing member of JHW Iliad Holdings LLC ("JHW Iliad"). As a result, Project Iliad may be deemed to share voting and dispositive power with respect to the Shares held by JHW Iliad. Project Iliad disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- F3. J.H. Whitney Capital Partners, LLC ("Capital Partners") is the sole member of J.H. Whitney VII Management Co., LLC ("Management Co. VII"), which is the managing member of JHW Iliad Holdings II LLC ("JHW Iliad II," and, collectively with PSA Healthcare, JHW Iliad, and PSA Iliad Holdings, the "Stockholder Entities"). As a result, each of Capital Partners and Management Co. VII may be deemed to share voting and dispositive power with respect to the Shares held by JHW Iliad II. Each of Capital Partners and Management Co. VII disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
- F4. Robert M. Williams, Jr is a Managing Member of Equity Partners VII, a Member of Project Iliad and a Senior Managing Director of Capital Partners. As a result, the undersigned may be deemed to share voting and dispositive power with respect to the Shares held by the Stockholder Entities. The undersigned disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 1,000,000 shares
Sale price: $8.00 per share
JHW Iliad II post-sale holdings: 245,251 shares
+4 more
7 metrics
Shares sold
1,000,000 shares
Open-market sales on June 24, 2026
Sale price
$8.00 per share
Price for reported open-market sales
JHW Iliad II post-sale holdings
245,251 shares
Indirect holdings after transactions
JHW Iliad Holdings post-sale holdings
2,339,639 shares
Indirect holdings after transactions
J.H. Whitney VII post-sale holdings
12,531,158 shares
Indirect holdings after transactions
PSA Iliad Holdings position
1,426,034 shares
Indirect holding entry as of June 24, 2026
PSA Healthcare Investment position
15,523,810 shares
Indirect holding entry as of June 24, 2026
Key Terms
voting and dispositive power, beneficial ownership, pecuniary interest, indirect ownership, +1 more
5 terms
voting and dispositive power financial
"may be deemed to share voting and dispositive power with respect to the Shares"
beneficial ownership financial
"disclaims beneficial ownership of such securities except to the extent of its pecuniary interest"
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.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein"
indirect ownership financial
"ownership_type": "indirect" and nature_of_ownership noted by various LLC and L.P. entities"
open-market sale financial
"transaction_action": "open-market sale" for the S-coded transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the Aveanna (AVAH) Form 4 filed by Robert M. Williams Jr report?
The Form 4 reports that entities associated with Robert M. Williams Jr executed open‑market sales totaling 1,000,000 shares of Aveanna common stock at $8.00 per share on June 24, 2026, and discloses the entities’ remaining indirect holdings.
Are the Aveanna (AVAH) insider sales reported on the Form 4 direct or indirect holdings?
All reported sales involve indirect holdings. The Form 4 classifies the transactions as indirect, with ownership noted as by JHW Iliad Holdings II LLC, JHW Iliad Holdings LLC and J.H. Whitney VII, L.P., rather than direct personal holdings of Robert M. Williams Jr.