[Form 3] Yukon New Parent, Inc. Initial Statement of Beneficial Ownership
Weil Parker Anders filed an initial Form 3 reporting ownership in Mount Logan Capital Inc. (MLCI). The filing shows a direct beneficial ownership of 6,251 shares of common stock and discloses no derivative securities. The event requiring the statement is dated 09/12/2025. The Form 3 indicates the reporting person’s address as 650 Madison Ave, 3rd Floor, New York, NY 10022. The signature block shows the form was signed /s/ Nikita Klassen by power of attorney on 09/22/2025. No amendments, officer status, indirect ownership, or additional remarks are provided in the filing.
- Initial Section 16 disclosure completed for a director, improving transparency
- 6,251 shares of common stock are explicitly disclosed as directly beneficially owned
- None.
Insights
TL;DR: Routine initial disclosure of a director’s direct holding of 6,251 common shares in MLCI; no derivatives or material transactions disclosed.
The Form 3 is a standard Section 16 initial ownership statement. The position reported is modest in size relative to a public company’s typical outstanding share count and thus is unlikely to be material to valuation or control. Absence of derivative instruments or indirect ownership simplifies the ownership picture. No transaction details or acquisition price are provided, so financial impact cannot be assessed from this filing alone.
TL;DR: Initial disclosure for a director showing direct common stock ownership; filing meets Section 16 reporting requirements and raises no governance flags.
The filing identifies the reporting person as a director and documents compliance with initial reporting obligations by disclosing direct ownership of 6,251 shares. The use of a power of attorney for signature is routine. There are no indications of related-party transactions, beneficial ownership via trusts, or other arrangements that would require further governance scrutiny within this document.