Kevin Glazer (NYSE: MANU) discloses indirect Class B share holdings
Rhea-AI Filing Summary
Manchester United plc director Kevin Glazer filed an initial ownership report showing indirect holdings of Class B Ordinary shares. The filing lists 7,541,990 shares held by the Kevin Glazer Irrevocable Exempt Trust, where he serves as trustee, and 3,765,392 shares held by KEGT Holdings LLC, whose sole member is the same trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glazer Kevin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary | -- | -- | -- |
| holding | Class B Ordinary | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary — 7,541,990 shares (Indirect, By Trust);
Class B Ordinary — 3,765,392 shares (Indirect, By LLC)
Footnotes (2)
- F1. These shares are owned directly by Kevin Glazer Irrevocable Exempt Trust and indirectly by Kevin Glazer as Trustee of the Trust.
- F2. These shares are owned directly by KEGT Holdings LLC, of which Kevin Glazer Irrevocable Exempt Trust is the sole member.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Kevin Glazer’s Form 3 for MANU disclose?
The Form 3 discloses Kevin Glazer’s existing indirect ownership of Class B Ordinary shares of Manchester United plc. It is an initial ownership report, listing shares held through a trust and an LLC rather than reporting new purchases or sales.
What is KEGT Holdings LLC’s role in Kevin Glazer’s MANU holdings?
KEGT Holdings LLC directly holds 3,765,392 Class B Ordinary shares of Manchester United plc. The filing notes that the Kevin Glazer Irrevocable Exempt Trust is the sole member of KEGT Holdings LLC, so these shares are also reported as indirectly owned by Kevin Glazer.
How is Kevin Glazer’s ownership in MANU characterized in the filing?
Ownership is characterized as indirect, held “By Trust” and “By LLC.” The trust owns shares directly and is the sole member of the LLC, so the filing attributes these positions to Kevin Glazer through these entities instead of direct personal share ownership.