Copper Property CTL (CPPTL) holder sells 200K trust certificates
Rhea-AI Filing Summary
Copper Property CTL Pass Through Trust major holder Silver Point Capital L.P., as investment manager for certain funds, reported a sale of 200,000 Trust Certificates on July 28, 2026 at $10.55 per certificate. After this transaction, Silver Point-related funds held 9,464,039 certificates. Silver Point Capital Management, LLC and its members Edward A. Mule and Robert J. O'Shea may be deemed beneficial owners through their interests in the funds, but Messrs. Mule and O'Shea disclaim beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares
Net Sell
1 txn
Insider
Silver Point Capital L.P., MULE EDWARD A, O'Shea Robert J
Role
10% Owner | 10% Owner | 10% Owner
Sold
200,000 shs ($2.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Trust Certificates F1 | 200,000 | $10.55 | $2.11M |
Holdings After Transaction:
Trust Certificates — 9,464,039 shares (Direct)
Footnotes (1)
- F1. Silver Point Capital, L.P. ("Silver Point") or its wholly owned subsidiaries are the investment managers of Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., and Silver Point Distressed Opportunity Institutional Partners, L.P. (the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of all securities held by the Funds. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the Funds. Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests.
Key Figures
Trust Certificates sold: 200,000
Sale price per certificate: $10.55
Certificates held after sale: 9,464,039
+1 more
4 metrics
Trust Certificates sold
200,000
Sale of Trust Certificates on 2026-07-28
Sale price per certificate
$10.55
Per Trust Certificate in the 2026-07-28 sale
Certificates held after sale
9,464,039
Total Trust Certificates reported following the transaction
Net shares sold
200,000
NetSellShares from transaction summary for this Form 4
Key Terms
Trust Certificates, beneficial owner, pecuniary interests, wholly owned subsidiaries, +1 more
5 terms
Trust Certificates financial
"security_title: "Trust Certificates" for the reported sale"
beneficial owner financial
"may be deemed to be the beneficial owner of all the reported securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interests financial
"disclaim beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests"
wholly owned subsidiaries financial
"Silver Point or its wholly owned subsidiaries are the investment managers of the Funds"
general partner financial
"Silver Point Capital Management, LLC is the general partner of Silver Point"
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction involving CPPTL did Silver Point Capital report?
Silver Point Capital-managed funds reported selling 200,000 Copper Property CTL Trust Certificates at $10.55 each. Following this open-market sale, the funds associated with Silver Point reported holding 9,464,039 Trust Certificates in CPPTL.
Who are the reporting persons in the CPPTL Form 4 filing?
The filing lists Silver Point Capital L.P., Edward A. Mule, and Robert J. O'Shea as reporting persons, each identified as a ten percent owner of Copper Property CTL Pass Through Trust (CPPTL) based on their relationships to the Silver Point-managed funds.
How many CPPTL Trust Certificates remain held after the reported sale?
After the transaction, Silver Point-related funds reported holding 9,464,039 Trust Certificates of Copper Property CTL Pass Through Trust (CPPTL). This figure reflects the position following the sale of 200,000 certificates on July 28, 2026.
Was the CPPTL insider sale executed under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the filing is not checked, and no footnote describes a trading plan. Based on the disclosure, the 200,000-share sale in CPPTL appears not to have been effected under an affirmed Rule 10b5-1 plan.
How is beneficial ownership of CPPTL securities attributed among Silver Point and its principals?
The filing states that Silver Point and its general partner Silver Point Capital Management, LLC may be deemed beneficial owners of the CPPTL securities held by the funds. Edward A. Mule and Robert J. O'Shea may also be deemed owners but disclaim ownership beyond their pecuniary interests.