Platinum Equity group trims Ingram Micro (INGM) stake with 5.17M-share sale
Rhea-AI Filing Summary
Ingram Micro Holding Corp reported that entities affiliated with Platinum Equity, a ten percent owner group, completed an open-market sale of 5,167,069 shares of Common Stock at $29.03 per share. Following this transaction, these affiliated entities collectively hold 177,466,319 shares of Ingram Micro common stock through Imola JV Holdings, L.P. and Ingram Holdco, LLC.
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Insights
Platinum Equity entities made a sizable but partial open-market sale while retaining a very large stake.
Entities affiliated with Platinum Equity, a ten percent owner of Ingram Micro Holding Corp, executed an open-market sale of 5,167,069 common shares at $29.03 per share. The filing attributes ownership to Imola JV Holdings, L.P. and Ingram Holdco, LLC, with layered partnerships above them.
After the sale, these entities still hold 177,466,319 shares of common stock, indicating a substantial continuing position. The transaction is a straightforward secondary-market disposition by a financial sponsor, without derivatives or option exercises disclosed, and no reference to trading plans appears in the provided footnote excerpt.
The overall picture is a net-sell event by a large shareholder, but the retained stake remains very significant. Subsequent filings may provide additional context if further sales occur or if the ownership structure changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,167,069 | $29.03 | $150.00M |
Footnotes (1)
- F1. Imola JV Holdings, L.P. is the record holder of 19,626,323 shares of Common Stock and Ingram Holdco, LLC is the record holder of 157,839,996 shares of Common Stock. Tom Gores is the manager of Platinum Equity, LLC, which is the sole member of Platinum Equity Investment Holdings, LLC, which is the sole member of Platinum Equity Investment Holdings IC (Cayman), LLC, which is the general partner of Platinum Equity InvestCo, L.P., which is the sole member of Platinum Equity Investment Holdings V, LLC, which is the sole member of Platinum Equity Partners V, LLC, which is the general partner of Platinum Equity Partners V, L.P., which is the general partner of Imola JV Holdings, L.P., which is the sole member of Ingram Holdco, LLC. By virtue of these relationships, each of these entities and Mr. Gores may be deemed to share beneficial ownership of the securities reported herein.
Key Figures
Key Terms
ten percent owner regulatory
open-market sale financial
Common Stock financial
beneficial ownership regulatory
indirect ownership regulatory
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