Studio City (MSC) Silver Point-managed funds sell 58,000 ADS and report 28.6M held
Rhea-AI Filing Summary
Funds managed by Silver Point Capital, which may be deemed affiliated with directors Edward A. Mule and Robert J. O'Shea, reported a sale of 58,000 American Depositary Shares of Studio City International Holdings Ltd on 2026-08-07 at $2.41 per ADS in open-market or private transactions. Following this trade, the funds reported holding 28,570,463 ADS and 400 Class A Ordinary Shares. Each ADS is convertible into four Class A Ordinary Shares and has no expiration date. The individuals and management entities disclaim beneficial ownership except to the extent of their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Silver Point Capital L.P., MULE EDWARD A, O'Shea Robert J
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner
Sold
58,000 shs ($140K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | American Depositary Shares F3, F1, F2 | 58,000 | $2.41 | $140K |
| holding | Class A Ordinary Shares F1, F2 | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 28,570,463 shares (Direct);
Class A Ordinary Shares — 400 shares (Direct)
Footnotes (3)
- F1. Silver Point Capital, L.P. ("Silver Point") or its wholly owned subsidiaries are the investment managers of Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed Opportunities Fund, L.P., Silver Point Distressed Opportunities Offshore Master Fund, L.P., Silver Point Distressed Opportunity Institutional Partners Master Fund (Offshore), L.P. and Silver Point Distressed Opportunity Institutional Partners, L.P. (the "Funds") and, by reason of such status, may be deemed to be the beneficial owner of all the reported securities held by the Funds. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of all securities held by the Funds. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the Funds. Messrs. Mule and O'Shea disclaim
- F2. (continued from footnote 1) beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests.
- F3. Each American Depositary Share is convertible at any time, at the holder's election, into four Class A Ordinary Shares of the issuer. The American Depositary Shares have no expiration date.
Key Figures
ADS sold: 58,000 American Depositary Shares
Sale price per ADS: $2.41 per American Depositary Share
ADS holdings after sale: 28,570,463 American Depositary Shares
+2 more
5 metrics
ADS sold
58,000 American Depositary Shares
Sale on 2026-08-07 by Silver Point-managed funds
Sale price per ADS
$2.41 per American Depositary Share
Transaction code S, open-market or private sale
ADS holdings after sale
28,570,463 American Depositary Shares
Total reported holdings following the 2026-08-07 transaction
Class A shares held
400 Class A Ordinary Shares
Direct holdings reported as of 2026-08-07
ADS-to-ordinary share ratio
1 ADS = 4 Class A Ordinary Shares
Each ADS convertible at any time at holder's election
Key Terms
American Depositary Shares, beneficial owner, pecuniary interests, Class A Ordinary Shares
4 terms
beneficial owner financial
"may be deemed to be the beneficial owner of all the reported securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interests financial
"disclaim beneficial ownership of the reported securities held by Funds except to the extent of their pecuniary interests"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MSC report on August 7, 2026?
Silver Point-managed funds reported a sale of 58,000 American Depositary Shares of Studio City International Holdings Ltd on 2026-08-07 at a price of $2.41 per ADS in open-market or private transactions.
Who are the reporting persons in this MSC insider transaction?
The reporting persons are Silver Point Capital L.P., and directors Edward A. Mule and Robert J. O'Shea, who may be deemed beneficial owners through Silver Point-managed funds but disclaim beneficial ownership except for their pecuniary interests.