Here are the Form 4 insider transactions from Blue Water Acquisition Corp. IV (BWIV) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow BWIV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BWIV filings page.
Blue Water Acquisition IV LLC, the sponsor of Blue Water Acquisition Corp. IV, reported purchasing 275,000 Class A ordinary shares and 137,500 warrants tied to those shares. The position reflects ownership of 275,000 private units, each consisting of one share and one-half warrant.
Each whole warrant entitles the holder to buy one Class A ordinary share at $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for a total of $2,750,000, giving the sponsor both equity and leveraged upside exposure through warrants.
Blue Water Acquisition Corp. IV director and CEO Joseph Hernandez reported indirect purchases linked to the company’s sponsor LLC. The filing shows 275,000 Class A ordinary shares and 137,500 warrants, all held indirectly. Each warrant allows purchase of one Class A share at $11.50 per share.
The footnotes explain these are 275,000 private units owned by Blue Water Acquisition IV LLC, the sponsor, bought at $10.00 per unit for an aggregate $2,750,000. Each unit includes one Class A share and one-half warrant. Hernandez, as managing member, has voting and dispositive power but disclaims beneficial ownership beyond his pecuniary interest. The warrants become exercisable after the company’s initial public offering and business combination milestones and expire five years after the business combination.