Janel Corp (JANL) CEO and 10% owner discloses 439,993 indirect shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Janel Corp (JANL) insider Darren Seirer filed an initial statement of beneficial ownership as a director, Chairman, President, CEO, and 10% owner. The filing reports indirect beneficial ownership of 439,993 shares of Janel common stock, held through Oaxaca Group L.L.C. As of January 1, 2023, he did not directly own any Janel securities.
The filing explains that Oaxaca Group L.L.C. is owned by Seirer and his spouse, and that he may be deemed to share beneficial ownership of the shares it holds. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, meaning his economic stake in them.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Seirer Darren Clay
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 439,993 shares (Indirect, See Footnote)
Footnotes (1)
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FAQ
What does the JANL Form 3 filing disclose about Darren Seirer?
The filing shows that Darren Seirer is a director, Chairman, President, CEO, and 10% owner of Janel Corp (JANL) and reports his initial beneficial ownership of company stock.
Is Darren Seirer’s ownership in JANL direct or indirect?
As of January 1, 2023, he did not directly own any Janel securities; the 439,993 shares are held indirectly via Oaxaca Group L.L.C.
What is Oaxaca Group L.L.C. in relation to Janel Corp (JANL) stock?
Oaxaca Group L.L.C. holds Janel common stock, and its sole members are Darren Seirer and his spouse, Dominique Schulte, which gives him indirect beneficial ownership of those shares.
What is the significance of this Form 3 for Janel Corp (JANL) investors?
This Form 3 provides transparency about insider holdings, showing how many Janel shares are beneficially owned by a key executive and 10% owner through an affiliated entity.