STOCK TITAN

J.F. Lehman group lists 23.2M DPC (DPC) shares held indirectly

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

DPC Holdings Ltd received an initial ownership report from a group of investment entities affiliated with J.F. Lehman & Company. The filing shows indirect holdings of 23,224,942 shares of Common Stock as of June 24, 2026, reported as Form 3 holdings rather than new trades.

According to the disclosure, 20,235,129 shares are held by Alloy Holdings, 2,535,267 shares by TPCI, and 454,546 shares by JFL Credit II. All reporting persons, including these entities, disclaim beneficial ownership except to the extent of any pecuniary interest, and director C. Alexander Harman reports no beneficially owned securities.

Positive

  • None.

Negative

  • None.
Insider J.F. Lehman & Company, LLC, JFL Fund VI Credit Opps Cayman Holdings, LLC, Tamarac Holdings, LLC, TPCI LLC, JFL Credit Opportunities Fund II, L.P., JFL Credit GP Investors II, LLC, Harman C Alexander
Role null | null | null | null | null | null | null
Type Security Shares Price Value
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 23,224,942 shares (Indirect, See footnotes); Common Stock — 0 shares (Direct, null)
Footnotes (1)
  1. This report is filed by the following Reporting Persons: JF Lehman & Company, LLC ("JFLCo"); JFL Fund VI Alloy Holdings, LLC ("Alloy Holdings"); TPCI LLC ("TPCI"); JFL Credit Opportunities Fund II, L.P. ("JFL Credit II"); JFL Equity Investors VI, L.P. ("JFL Fund VI"); JFL Parallel Fund VI, L.P. ("JFL Parallel VI"); JFL Executive Investors VI, L.P. ("JFL Executive VI"); JFL GP Investors VI, LLC ("Investors GP VI"); Tamarac Holdings, LLC ("Tamarac"); JFL Fund VI Credit Opps Cayman Holdings, LLC ("JFL Fund VI Cayman"); JFL Fund VI Credit Opps Holdings, LLC ("Fund VI Credit Opps I"); JFL Credit Opportunities Fund I, L.P. ("Credit Opps I LP"); JFL Credit Opportunities Fund GP Rollover, L.P. ("JFL Credit Rollover"); JFL Credit GP Investors I, LLC ("JFL Credit GP I"); JFL Credit GP Investors II, LLC ("JFL Credit GP II" and, together with its affiliates, including those named in this Form 3, the "JFLCo Entities"); and C. Alexander Harman. This Form 3 is in two parts and is jointly filed with the Reporting Persons in both parts. See Remarks. Alloy Holdings may be deemed to be controlled by JFL Fund VI, JFL Parallel VI, and JFL Executive VI and their general partner, Investors GP VI. TPCI may be deemed to be controlled by Tamarac, which may be deemed to be controlled by JFL Fund VI Cayman, which may deemed to be controlled by Fund VI Credit Opps I, which may be deemed to be controlled by Credit Opps I LP and JFL Credit Rollover and their general partner, Credit GP I. JFL Credit II may be deemed to be controlled by its general partner, JFL Credit GP II. Each of the Reporting Persons disclaims beneficial ownership of the securities listed in this report, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose, except to the extent of such Reporting Person's pecuniary interest therein. Represents shares held directly by the following entities: 20,235,129 shares by Alloy Holdings; and 2,535,267 shares by TPCI; and 454,546 shares by JFL Credit II. No securities are beneficially owned by Mr. Harman.
Indirect common shares 23,224,942 shares Indirect ownership as of June 24, 2026
Alloy Holdings position 20,235,129 shares Common stock held directly by Alloy Holdings
TPCI position 2,535,267 shares Common stock held directly by TPCI LLC
JFL Credit II position 454,546 shares Common stock held directly by JFL Credit II
Form 3 holding entries 2 entries Common Stock holdings lines in non-derivative table
ten percent owner financial
"is_ten_percent_owner": 1"
indirect ownership financial
""direct_or_indirect": "I", "ownership_type": "indirect""
beneficial ownership financial
"disclaims beneficial ownership of the securities listed in this report"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of such Reporting Person's pecuniary interest therein"
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FAQ

What does the DPC (DPC) Form 3 filing report for J.F. Lehman entities?

The Form 3 shows J.F. Lehman–affiliated entities as significant holders of DPC common stock. They report indirect holdings totaling 23,224,942 shares, spread across several controlled investment vehicles, while formally disclaiming beneficial ownership beyond any pecuniary interest.

How many DPC Holdings Ltd shares are reported as held by J.F. Lehman affiliates?

The filing reports indirect ownership of 23,224,942 DPC common shares. These are allocated as 20,235,129 shares by Alloy Holdings, 2,535,267 shares by TPCI, and 454,546 shares by JFL Credit II, all within the broader J.F. Lehman investment structure.

Does director C. Alexander Harman personally own DPC (DPC) shares in this Form 3?

No. The Form 3 explicitly states that no securities are beneficially owned by C. Alexander Harman. He is listed as a reporting person, but the footnote clarifies that he does not beneficially own DPC common stock in this disclosure.

Are the DPC shares in the Form 3 held directly or indirectly by the reporting persons?

The reported 23,224,942 DPC shares are held indirectly through entities like Alloy Holdings, TPCI, and JFL Credit II. The filing classifies the main position as indirect ownership and includes control relationships among the various J.F. Lehman–related entities.

What does it mean that the DPC reporting persons disclaim beneficial ownership?

The reporting persons state they disclaim beneficial ownership of the DPC securities listed. This means they do not concede they are legal beneficial owners under Section 16, except to the extent of any pecuniary interest they may have in the indirectly held shares.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
J.F. Lehman & Company, LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/24/2026
3. Issuer Name and Ticker or Trading Symbol
DPC Holdings Ltd [ DPC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock23,224,942(5)ISee footnotes(1)(2)(3)(4)
Common Stock0(6)D(1)(2)(3)(4)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
J.F. Lehman & Company, LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
JFL Fund VI Credit Opps Cayman Holdings, LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Tamarac Holdings, LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
TPCI LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
JFL Credit Opportunities Fund II, L.P.

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
JFL Credit GP Investors II, LLC

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Harman C Alexander

(Last)(First)(Middle)
55 HUDSON YARDS, 23RD FLOOR

(Street)
NEW YORK NEW YORK 10001

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. This report is filed by the following Reporting Persons: JF Lehman & Company, LLC ("JFLCo"); JFL Fund VI Alloy Holdings, LLC ("Alloy Holdings"); TPCI LLC ("TPCI"); JFL Credit Opportunities Fund II, L.P. ("JFL Credit II"); JFL Equity Investors VI, L.P. ("JFL Fund VI"); JFL Parallel Fund VI, L.P. ("JFL Parallel VI"); JFL Executive Investors VI, L.P. ("JFL Executive VI"); JFL GP Investors VI, LLC ("Investors GP VI"); Tamarac Holdings, LLC ("Tamarac"); JFL Fund VI Credit Opps Cayman Holdings, LLC ("JFL Fund VI Cayman"); JFL Fund VI Credit Opps Holdings, LLC ("Fund VI Credit Opps I");
2. JFL Credit Opportunities Fund I, L.P. ("Credit Opps I LP"); JFL Credit Opportunities Fund GP Rollover, L.P. ("JFL Credit Rollover"); JFL Credit GP Investors I, LLC ("JFL Credit GP I"); JFL Credit GP Investors II, LLC ("JFL Credit GP II" and, together with its affiliates, including those named in this Form 3, the "JFLCo Entities"); and C. Alexander Harman. This Form 3 is in two parts and is jointly filed with the Reporting Persons in both parts. See Remarks.
3. Alloy Holdings may be deemed to be controlled by JFL Fund VI, JFL Parallel VI, and JFL Executive VI and their general partner, Investors GP VI. TPCI may be deemed to be controlled by Tamarac, which may be deemed to be controlled by JFL Fund VI Cayman, which may deemed to be controlled by Fund VI Credit Opps I, which may be deemed to be controlled by Credit Opps I LP and JFL Credit Rollover and their general partner, Credit GP I. JFL Credit II may be deemed to be controlled by its general partner, JFL Credit GP II.
4. Each of the Reporting Persons disclaims beneficial ownership of the securities listed in this report, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or for any other purpose, except to the extent of such Reporting Person's pecuniary interest therein.
5. Represents shares held directly by the following entities: 20,235,129 shares by Alloy Holdings; and 2,535,267 shares by TPCI; and 454,546 shares by JFL Credit II.
6. No securities are beneficially owned by Mr. Harman.
Remarks:
Exhibit 99.1 (Joint Filer Information) is incorporated herein by reference. This Form 3 is the second of two Form 3s filed relating to the same event. The Form 3 has been split into two filings because there are more than 10 Reporting Persons in total, and the SEC's EDGAR filing system limits a single Form 3 to a maximum of 10 Reporting Persons. Each Form 3 is filed by Designated Filer, J.F. Lehman & Company, LLC.
/s/ J.F. Lehman & Company, LLC See Exhibit 99.106/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)