Brookfield Infrastructure director reports 4,000 shares
Brookfield Infrastructure Partners L.P. director Suzanne P. Nimocks filed an initial ownership report showing she holds 4,000 Class A Exchangeable Subordinate Voting Shares of Brookfield Infrastructure Corporation.
Rhea-AI Filing Summary
Brookfield Infrastructure Partners L.P. director Suzanne P. Nimocks filed an initial ownership report showing she holds 4,000 Class A Exchangeable Subordinate Voting Shares of Brookfield Infrastructure Corporation. These shares are exchangeable on a one-for-one basis into Non-Voting Limited Partnership Units of Brookfield Infrastructure Partners L.P. or a cash equivalent at the partnership’s election. The filing reflects current holdings rather than a new stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
Footnotes (1)
- F1. Represents Class A Exchangeable Subordinate Voting Shares of Brookfield Infrastructure Corporation which are exchangeable into Non-Voting Limited Partnership Units of Brookfield Infrastructure 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 Infrastructure Partners L.P.).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Brookfield Infrastructure Partners (BIP) director Suzanne Nimocks report on this Form 3?
Suzanne P. Nimocks reports owning 4,000 Class A Exchangeable Subordinate Voting Shares. These represent her initial disclosed holdings as a director and can be exchanged into Non-Voting Limited Partnership Units of Brookfield Infrastructure Partners L.P. or a cash equivalent at the partnership’s election.
Does this Brookfield Infrastructure (BIP) Form 3 show a new insider stock purchase or sale?
No, this Form 3 does not show a new purchase or sale. It is an initial statement of beneficial ownership, listing Suzanne P. Nimocks’ existing 4,000 Class A Exchangeable Subordinate Voting Shares and their one-for-one exchangeability into Non-Voting Limited Partnership Units or cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.