Brookfield Business Partners (BBU) director discloses indirect unit and share stakes
Rhea-AI Filing Summary
Brookfield Business Partners L.P. director David John Hamill filed an initial ownership report showing indirect positions in the company. Holdings are held through Auraway Pty Ltd and include 3,895 Class A Exchangeable Subordinate Voting Shares of Brookfield Business Corporation and 12,441 Non-Voting Limited Partnership Units of Brookfield Business Partners L.P. The Class A shares are exchangeable on a one-for-one basis into Non-Voting Limited Partnership Units or their cash equivalent at Brookfield Business Partners L.P.’s election.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hamill David John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
| holding | Non-Voting Limited Partnership Units | -- | -- | -- |
Holdings After Transaction:
Class A Exchangeable Subordinate Voting Shares — 3,895 shares (Indirect, See Footnote);
Non-Voting Limited Partnership Units — 12,441 shares (Indirect, See Footnote)
Footnotes (2)
- F1. Held through Auraway Pty Ltd.
- F2. Represents Class A Exchangeable Subordinate Voting Shares of Brookfield Business Corporation which are exchangeable into Non-Voting Limited Partnership Units of Brookfield Business Partners L.P. on a one-for-one basis (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of Brookfield Business Partners L.P.).
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FAQ
What insider holdings did Hamill report in Brookfield Business Partners (BBU)?
David John Hamill reported indirect ownership of 3,895 Class A Exchangeable Subordinate Voting Shares and 12,441 Non-Voting Limited Partnership Units. These positions are disclosed as of the filing date and reflect his baseline beneficial ownership in Brookfield Business Partners’ structure.
What Non-Voting Limited Partnership Units did Hamill report for Brookfield Business Partners (BBU)?
He reported indirect ownership of 12,441 Non-Voting Limited Partnership Units of Brookfield Business Partners L.P. These units represent an economic interest in the partnership and are part of his overall disclosed ownership position in the Brookfield Business structure.
Is this Brookfield Business Partners (BBU) filing a buy or sell transaction?
The disclosure is a Form 3, which reports initial beneficial ownership rather than a new purchase or sale. The entries are categorized as holdings, with no transaction codes indicating open-market buys, sales, or other changes in position.