IREN Ltd SEC Filings

Amendment No. 5 to Schedule 13D discloses that the Silver Lake–affiliated reporting persons (Global Blue Holding L.P., SL Globetrotter L.P., SL Globetrotter GP Ltd., Silver Lake Technology Associates III Cayman L.P. and Silver Lake (Offshore) AIV GP III Ltd.) have tendered all of their equity interests in Global Blue Group Holding AG (“GB”) in connection with the cash tender offer launched by Shift4 Payments, Inc. and its Swiss merger subsidiary.

The offer, which commenced on 21 March 2025 and expired one minute after 11:59 p.m. (NYC time) on 2 July 2025, met all conditions. The Silver Lake vehicles tendered:

• 34,871,499 ordinary shares held by Cayman Holdings at $7.50 per share
• 4,939,137 Series A preferred shares (convertible into ordinary shares) at $10.00 per share
• 91,230,811 ordinary shares held by Globetrotter at $7.50 per share
• 11,970,487 Series A preferred shares held by Globetrotter at $10.00 per share

In addition, 2,701,935 Global Blue warrants (Cayman Holdings) and 6,548,415 warrants (Globetrotter) were cashed-out and are no longer exercisable. As a result of these transactions, the reporting persons now report 0 shares beneficially owned (0.0% of the class) and thereby cease to be 5% holders as of 3 July 2025.

Following completion of the offer, director Joseph Osnoss resigned from the Global Blue board. The filing attaches an amended Annex A listing directors of the Silver Lake general partners and adds Exhibit 99.1 containing that information.

This amendment is limited to updating ownership, identity disclosures and purpose-of-transaction details; all other information in prior filings remains unchanged.

Compass Minerals International, Inc. (CMP) filed a Form 4/A to correct a duplicate insider filing made on 1 July 2025. The amendment re-affirms that Director Joseph E. Reece received 2,209 deferred stock units on 30 June 2025 at a grant price of $0 as part of standard board compensation. Following the grant, Reece now directly owns 65,755 CMP shares and indirectly holds 21,000 shares via a trust. No derivative securities were involved and there are no changes to the underlying transaction details; the sole purpose of the Form 4/A is to replace an inadvertently duplicated submission.

The disclosure is routine, reflects non-cash compensation, and does not signal any strategic shift or financial impact for CMP.

Clover Health Investments (CLOV) – Form 4 insider filing: CEO and Director Andrew Toy reported an automatic share disposition on 07/01/2025 related to the vesting of previously granted RSUs. A total of 308,950 Class A common shares were withheld to satisfy tax obligations (transaction code “F”) at a reference price of $2.75. Following the withholding, Toy’s direct beneficial ownership stands at 10,560,047 shares. The RSU award, originally granted on 01/01/2023 and reported on 01/04/2023, vests quarterly in equal 6.25% installments through 01/01/2027, contingent upon continued service.

The filing reflects a routine, non-open-market administrative transaction rather than an elective sale, and does not indicate a change in Toy’s long-term ownership intent. No derivative securities or additional open-market trades were reported.

Carvana Co. (CVNA) – Form 4 insider activity

Chief Operating Officer Benjamin E. Huston reported share disposals dated 01 Jul 2025. The filing shows two categories of transactions: (1) 1,219 shares were withheld for taxes upon RSU vesting (transaction code F) at a reference price of $338.26, and (2) nine open-market sales totalling 10,000 shares executed under a Rule 10b5-1 trading plan adopted 13 Dec 2024. Sale prices ranged from $333.64 to $342.01, resulting in roughly $3.38 million in gross proceeds.

After the sequence of transactions, Huston’s direct beneficial ownership fell from 136,855 to 126,855 Class A shares, a decline of about 7.3 percent. No new derivative positions were disclosed and no options were exercised.

• Transaction date: 01 Jul 2025
• Total shares disposed (including tax withholding): 11,219
• Average sale price (weighted): ≈ $338.17
• Proceeds: ≈ $3.38 million
• Remaining direct ownership: 126,855 shares

The use of a pre-arranged 10b5-1 plan moderates signalling risk, yet the scale of the sale may still be perceived by investors as a modestly negative indicator of near-term confidence, particularly given the absence of offsetting insider purchases.

Form 4 highlights for ZimVie Inc. (ZIMV): Senior Vice President and Chief Commercial Officer Indraneel Kanaglekar reported an automatic share disposition on 07/01/2025 related to RSU tax withholding (transaction code F). Exactly 145 common shares were withheld at $9.61 per share to cover taxes upon vesting. Following the transaction, the insider still beneficially owns 62,851 shares, which now include 837 shares purchased through the company’s ESPP on 05/30/2025. No derivative securities were involved, and there was no open-market sale; the movement is strictly administrative. The filing indicates continued sizeable ownership by the executive, suggesting alignment with shareholders, while the 145-share reduction represents less than 0.25% of the reported holdings and is unlikely to exert market impact.

Colony Bankcorp, Inc. (CBAN) – Form 4 insider transaction filed 07/02/2025.

CFO Derek Shelnutt reported an “F” transaction code, indicating the surrender of shares to satisfy withholding taxes upon the vesting of restricted stock.

• Shares withheld: 863 common shares at an implied value of $16.53 each (≈ $14.3 thousand).
• Post-transaction holdings: 9,357 shares held directly; 4,786 shares held indirectly through the 401(k) plan, for a total economic interest of 14,143 shares.

No derivative securities were reported, and there were no open-market purchases or sales. The filing is routine, reflecting tax-related share withholding rather than a discretionary sale, and does not materially alter insider ownership or signal a change in strategic outlook.

JPMorgan Chase Financial Company LLC is offering Structured Investments Review Notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA), fully and unconditionally guaranteed by JPMorgan Chase & Co. The preliminary terms reveal a five-year note (pricing expected 8 Jul 2025; maturity 11 Jul 2030) that can be automatically called on 48 monthly review dates starting 8 Jul 2026 if the Index closes at or above its initial level (the “Call Value”). When called, investors receive their $1,000 principal plus a Call Premium Amount that starts at ≥17.0% ($170) and escalates to ≥85.0% ($850) by the final review date.

If the notes are not called, principal is protected only within a 15% buffer. At maturity, holders incur 1-for-1 downside exposure beyond that threshold, risking up to 85% capital loss. The structure pays no periodic coupons or dividends and offers no upside beyond the fixed Call Premium schedule.

Key structural features

• Underlying index drag: the Index deducts 6.0% p.a. daily and applies a notional SOFR+0.50% financing cost to its exposure to the Invesco QQQ Trust (QQQ). These deductions will cause the Index to significantly trail an unadjusted Nasdaq-100 exposure, increasing the chance that the notes finish below the buffer.
• Leverage & volatility targeting: weekly rebalancing sets QQQ exposure at 35%/implied vol., capped at 500%, meaning the Index is often leveraged in calm markets and can be under-invested when volatility spikes.
• Credit risk: payments depend on JPMorgan Financial (issuer) and JPMorgan Chase & Co. (guarantor). Estimated value if priced today is $907.20 per $1,000, at least $900 at pricing, indicating 9–10% issuance costs.
• Liquidity: the notes will not be exchange-listed; secondary market is limited to JPMS bid, likely at a discount.
• Denominations: $1,000 minimum; CUSIP 48136FKB7.

Risk highlights disclosed

• Potential for 85% principal loss.
• Index performance drag from 6.0% deduction and financing cost.
• No interest or dividend payments; limited upside to scheduled premiums.
• Automatic call may force reinvestment risk after as little as one year.
• Conflicts of interest: JPM affiliates co-developed the Index and hold a 10% stake in MerQube.

The product targets investors willing to exchange significant downside risk and complexity for the possibility of double-digit call premiums, contingent on the leveraged, fee-laden Index outperforming its initial level on monthly observation dates.

Tredegar Corporation (TG) – Form 4 insider transaction

Director Carl E. Tack III reported an open-market purchase of Tredegar common shares on 01 July 2025. The filing shows an acquisition (Transaction Code A) of 2,513 shares at an average price of $8.95 per share, for an estimated outlay of roughly $22.5 thousand. Following the purchase, Tack’s direct ownership stands at 70,215 shares. No derivative securities were involved, and this is a single-person filing.

The transaction modestly increases insider ownership and may signal incremental confidence by the board member, although the dollar value is relatively small compared with Tredegar’s market capitalization.

Amended Form 4 filing: On 06/16/2025, Tracy Ward, Senior Vice President & Controller of BlackSky Technology Inc. (BKSY), exercised employee stock options (code M) and acquired 2,554 Class A common shares at an exercise price of $11.59 per share. Following the transaction, Ward now directly owns 45,107 shares of BKSY.

This Form 4/A corrects the share amounts originally reported on 06/25/2025, ensuring Section 16 compliance. The event represents an internal conversion of derivative securities rather than an open-market purchase or sale, so it does not affect outstanding share count, company cash flow, or near-term earnings.

While the additional holdings are modest relative to BlackSky’s public float, the exercise marginally increases insider ownership and may be viewed as a signal of management’s confidence. The prompt amendment also supports governance transparency by rectifying prior disclosure errors.