Apollo entities tied to Hilton Grand Vacations (HGV) restructure 750K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. disclosed that Apollo-affiliated ten percent owners reclassified 750,000 shares of Common Stock in an internal transaction coded as an “Other acquisition or disposition” at $50.00 per share. Following this restructuring entry, the reporting entities collectively show 12,495,825 shares held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Apollo Principal Holdings A GP, Ltd., AP Dakota Co-Invest, L.P., AP VIII Dakota Holdings Borrower, L.P., AP Dakota Co-Invest GP, LLC, Apollo Advisors VIII, L.P., AP VIII DAKOTA HOLDINGS BORROWER GP, LLC, AP VIII Dakota Holdings, L.P., Apollo Capital Management VIII, LLC, APH Holdings, L.P.
Role
null | null | null | null | null | null | null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 750,000 | $50.00 | $37.50M |
Holdings After Transaction:
Common Stock — 12,495,825 shares (Indirect, See Footnote)
Footnotes (1)
- See Exhibit 99.1. See Exhibit 99.1.
Key Figures
Restructured shares: 750,000 shares
Reported transaction price: $50.00 per share
Indirect holdings after transaction: 12,495,825 shares
+1 more
4 metrics
Restructured shares
750,000 shares
Common Stock in J-code internal transaction
Reported transaction price
$50.00 per share
Price per share for 750,000-share entry
Indirect holdings after transaction
12,495,825 shares
Total Common Stock reported following transaction
Restructuring shares in summary
750,000 shares
Classified as restructuringShares in transactionSummary
Key Terms
Form 4, ten percent owner, Common Stock, Other acquisition or disposition, +1 more
5 terms
Form 4 regulatory
"Hilton Grand Vacations reported an internal restructuring transaction in this Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
ten percent owner regulatory
"Apollo-affiliated entities are listed as ten percent owner reporting persons."
Common Stock financial
"The transaction involves 750,000 shares of Common Stock at $50.00 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Other acquisition or disposition regulatory
"The transaction is coded as an Other acquisition or disposition under code J."
indirect ownership financial
"The Form 4 shows 12,495,825 shares held through indirect ownership after the transaction."
FAQ
What insider transaction did Hilton Grand Vacations (HGV) report in this Form 4?
Hilton Grand Vacations reported an internal restructuring transaction involving 750,000 shares of Common Stock by Apollo-affiliated ten percent owners. The move is coded as an “Other acquisition or disposition,” indicating an entity-level reclassification rather than a standard open-market buy or sell.
At what price is the Hilton Grand Vacations (HGV) insider transaction reported?
The 750,000-share restructuring entry is reported at $50.00 per share. This price is shown in the Form 4 as the transaction price per share for the Common Stock involved, even though the code indicates an internal reclassification-type event, not an open-market trade.
What is the post-transaction holding reported for Hilton Grand Vacations (HGV)?
After the restructuring transaction, the Apollo-affiliated reporting entities list 12,495,825 Hilton Grand Vacations Common Stock shares as indirectly owned. This figure represents the position reported following the internal adjustment, providing context for the scale of their disclosed ownership.
Who are the reporting persons in the Hilton Grand Vacations (HGV) Form 4 filing?
The Form 4 lists multiple Apollo-affiliated entities, including Apollo Principal Holdings A GP, Ltd., AP Dakota Co-Invest, L.P., and AP VIII Dakota Holdings, L.P. Each is identified as a ten percent owner, reflecting significant indirect ownership of Hilton Grand Vacations common shares.