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)
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