Platinum Equity entities trim Ingram Micro (INGM) stake with 12.5M-share sale
Rhea-AI Filing Summary
Ingram Micro Holding Corp disclosed that entities affiliated with Platinum Equity reported an open-market sale of 12,499,999 shares of Common Stock at
Following the transaction, the affiliated entities collectively report 198,452,855 shares of Common Stock. A footnote explains that Imola JV Holdings, L.P. is the record holder of 19,626,323 shares and Ingram Holdco, LLC is the record holder of 178,826,532 shares, and that various Platinum Equity entities and Tom Gores may be deemed to share beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Platinum Equity-linked entities sold 12.5M Ingram Micro shares but retain a very large position.
Entities associated with Platinum Equity executed an open-market sale of 12,499,999 shares of Ingram Micro Holding Corp Common Stock at
After the sale, these affiliated entities still report 198,452,855 shares, indicating they remain major holders. The filing notes that Imola JV Holdings, L.P. holds 19,626,323 shares and Ingram Holdco, LLC holds 178,826,532 shares, and that several Platinum entities and Tom Gores may be deemed to share beneficial ownership.
The transaction is a clear net sell signal in absolute terms but occurs within the context of a very large continuing stake. Future company filings may provide additional detail on any subsequent transactions or changes in this ownership structure.
FAQ
What insider transaction did Ingram Micro Holding Corp (INGM) report?
Who is attributed with the Ingram Micro (INGM) share sale in this Form 4?
How many Ingram Micro (INGM) shares were sold and at what price?
How many Ingram Micro (INGM) shares do the Platinum Equity-affiliated entities hold after the sale?
Which entities are the record holders of Ingram Micro (INGM) shares in this filing?
What does the Form 4 say about Tom Gores’ relationship to Ingram Micro (INGM) shares?