Concrete Pumping director sells 200,000 shares
Concrete Pumping Holdings director and 10% owner M. Brent Stevens sold 200,000 shares of Common Stock in open-market transactions.
Rhea-AI Filing Summary
Concrete Pumping Holdings director and 10% owner M. Brent Stevens sold 200,000 shares of Common Stock in open-market transactions. The sales occurred over three days at weighted average prices around $10.5–$10.6 per share. After these sales, he holds 597,155 shares directly.
Stevens is also associated with an indirect holding of 11,005,275 shares held by BBCP Investors, LLC, an entity through which he may be deemed to beneficially own additional shares, subject to the pecuniary-interest and beneficial-ownership disclaimers described in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,000 | $10.6463 | $1.06M |
| Sale | Common Stock | 50,000 | $10.5288 | $526K |
| Sale | Common Stock | 50,000 | $10.6454 | $532K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.5500 to $10.7850, 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 sold at each separate price within the ranges set forth in this footnote.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.4000 to $10.7000, 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 sold at each separate price within the ranges set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.5000 to $10.7650, 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 sold at each separate price within the ranges set forth in this footnote.
- F4. The securities are held directly by BBCP Investors, LLC ("BBCP Investors"), which is wholly owned by PGP Investors, LLC. M. Brent Stevens is the Manager of PGP Advisors, LLC, which is the manager of PGP Manager, LLC, which is the manager of PGP Investors, LLC. Mr. Stevens has the power to vote and dispose the securities, and thus may be deemed to beneficially own the securities held by BBCP Investors. Mr. Stevens and the other entities disclaim beneficial ownership of such securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that Mr. Stevens or any entity is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
indirect ownership financial
beneficially own financial
pecuniary interest financial
Section 16 regulatory
FAQ
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What indirect BBCP holdings are associated with M. Brent Stevens?
What role does M. Brent Stevens hold at Concrete Pumping (BBCP)?
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