Director reports 4,750 exchangeable shares in Brookfield (NYSE: BIP)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Brookfield Infrastructure Partners L.P. director Rajeev Vasudeva filed an initial ownership report showing 4,750 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 their cash equivalent at the partnership’s election. The filing reflects existing holdings rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vasudeva Rajeev
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Exchangeable Subordinate Voting Shares | -- | -- | -- |
Holdings After Transaction:
Class A Exchangeable Subordinate Voting Shares — 4,750 shares (Direct)
Footnotes (1)
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FAQ
What does the Brookfield Infrastructure Partners (BIP) Form 3 filing show?
The Form 3 shows director Rajeev Vasudeva’s initial holdings of 4,750 Class A Exchangeable Subordinate Voting Shares. These represent his existing ownership position and do not indicate a new purchase or sale transaction.
Does the BIP Form 3 filing indicate any insider buying or selling?
The Form 3 does not indicate insider buying or selling activity. It is an initial statement of beneficial ownership, listing 4,750 exchangeable shares already held rather than reporting a new open-market transaction or disposition.