Brookfield Business Partners (NYSE: BBU) director details Form 3 ownership
Rhea-AI Filing Summary
Brookfield Business Partners L.P. director Jeffrey M. Blidner filed an initial statement of beneficial ownership. He reports direct holdings of Class A Exchangeable Subordinate Voting Shares of Brookfield Business Corporation that are exchangeable into 8,221 Non-Voting Limited Partnership Units on a one-for-one basis, subject to adjustment. He also reports indirect exchangeable share interests corresponding to 4,170 units held through Blidner Family Foundation and 5,203 units held through Jeffrey Blidner Ltd. In addition, he holds 16,442 Non-Voting Limited Partnership Units directly, with a further 8,340 and 10,407 units held indirectly through those same entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BLIDNER JEFFREY M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
| holding | Non-Voting Limited Partnership Units | -- | -- | -- |
| holding | Non-Voting Limited Partnership Units | -- | -- | -- |
| holding | Non-Voting Limited Partnership Units | -- | -- | -- |
Holdings After Transaction:
Class A Exchangeable Subordinate Voting Shares — 8,221 shares (Direct);
Class A Exchangeable Subordinate Voting Shares — 9,373 shares (Indirect, See Footnote);
Non-Voting Limited Partnership Units — 16,442 shares (Direct);
Non-Voting Limited Partnership Units — 18,747 shares (Indirect, See Footnote)
Footnotes (3)
- F1. Held through Blidner Family Foundation
- F2. Held through Jeffrey Blidner Ltd.
- F3. 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.).
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Jeffrey M. Blidner’s Form 3 for Brookfield Business Partners (BBU) show?
The Form 3 shows Jeffrey M. Blidner’s initial beneficial ownership in Brookfield Business Partners. It details his direct and indirect holdings of Class A Exchangeable Subordinate Voting Shares and Non-Voting Limited Partnership Units, including positions held through Blidner Family Foundation and Jeffrey Blidner Ltd.
What direct Non-Voting Limited Partnership Units does Jeffrey M. Blidner report in BBU?
He reports direct ownership of 16,442 Non-Voting Limited Partnership Units of Brookfield Business Partners L.P. These units are separate from the Class A exchangeable shares and represent a direct limited partnership interest as disclosed in the Form 3 ownership table.
Which entities hold Jeffrey M. Blidner’s indirect interests in Brookfield Business Partners (BBU)?
Indirect holdings are reported as held through Blidner Family Foundation and Jeffrey Blidner Ltd. These entities hold both Class A Exchangeable Subordinate Voting Shares linked to underlying units and additional Non-Voting Limited Partnership Units, with footnotes clarifying the ownership structure.
Does Jeffrey M. Blidner’s Form 3 for BBU show any recent buying or selling activity?
The Form 3 presents holdings rather than recent trades. Transaction codes are not shown as purchases or sales, and the entry is characterized as an initial statement of beneficial ownership, not as a record of new buy or sell transactions.