Avantor (AVTR) director-linked trust purchases 100,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avantor director Gregory L. Summe, through a trust, executed an open-market purchase of 100,000 shares of Common Stock at a weighted average price of $12.56 per share. The shares were bought in multiple trades between $12.50 and $12.63.
Following this transaction, the trust holds 200,000 Avantor shares indirectly attributed to Summe, while he also directly holds 58,111 shares. He reports beneficial ownership of the trust’s shares but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares ($1,256,000)
Net Buy
2 txns
Insider
SUMME GREGORY L
Role
Director
Bought
100,000 shs ($1.26M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $12.56 | $1.26M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 200,000 shares (Indirect, By a Trust);
Common Stock — 58,111 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $12.50 to $12.63, inclusive. The Reporting Person undertakes to provide 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 purchased at each price within the range set forth above. By a trust. The reporting person reports beneficial ownership of AVTR common stock held by the trust but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
FAQ
What did Avantor (AVTR) director Gregory L. Summe report in this Form 4?
Gregory L. Summe reported an indirect open-market purchase of Avantor stock. A trust associated with him bought 100,000 shares of Common Stock, and he also reported his resulting direct and indirect share holdings after the transaction.
Is the Avantor (AVTR) stock purchase by Gregory L. Summe direct or through an entity?
The 100,000-share purchase was made indirectly through a trust. The filing states the shares are held by a trust, and Summe reports beneficial ownership but disclaims beneficial ownership except to the extent of his pecuniary interest in that trust.
What are Gregory L. Summe’s Avantor (AVTR) holdings after this transaction?
After the purchase, the trust holds 200,000 Avantor shares indirectly attributed to Summe. In addition, he directly holds 58,111 shares of Common Stock, as reported in the holding entry within the Form 4 data.
Was this Avantor (AVTR) transaction an open-market purchase or another type of trade?
The Form 4 describes the transaction as an open-market purchase. It is coded as a “P” transaction, identified as a purchase in the open market or a private transaction, with no derivative exercises or option-related activity disclosed in this filing.
Does this Avantor (AVTR) Form 4 involve any stock options or derivatives?
No stock options or derivatives are reported in this Form 4. All disclosed activity involves Common Stock, and the derivative position summary is empty, indicating no option exercises or other derivative transactions in the reported period.