P3 Health Partners insider converts 50K units
P3 Health Partners Inc. large shareholder Hudson Vegas Investment SPV, LLC converted 50,000 P3 LLC Units into 50,000 shares of Class A Common Stock on a one-for-one basis.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
P3 Health Partners Inc. large shareholder Hudson Vegas Investment SPV, LLC converted 50,000 P3 LLC Units into 50,000 shares of Class A Common Stock on a one-for-one basis. In connection with this redemption, an equal 50,000 shares of Class V Common Stock were forfeited for no consideration.
After the transactions, Hudson Vegas Investment SPV, LLC held 829,651 P3 LLC Units and 829,651 shares of Class V Common Stock, together with 50,000 shares of Class A Common Stock directly. Earlier, on April 11, 2025, the company and P3 LLC effected coordinated 1-for-50 reverse stock splits, and all reported amounts reflect those adjustments.
Insider Trade Summary
50,000 shares exercised/converted
Exercise
3 txns
Insider
Hudson Vegas Investment SPV, LLC, Hudson Vegas Investment Manager, LLC, STRAUS DANIEL E
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | P3 LLC Unit | 50,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 50,000 | $0.00 | $0.00 |
| Other | Class V Common Stock | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
P3 LLC Unit — 829,651 contracts (Direct);
Class A Common Stock — 50,000 shares (Direct);
Class V Common Stock — 829,651 shares (Direct)
Footnotes (4)
- F1. On April 11, 2025, the Issuer effected a reverse stock split of the Issuer's issued and outstanding shares of Class A Common Stock and Class V Common Stock at a ratio of 1-for-50. Concurrently with this reverse stock split, P3 Health Group, LLC, a direct subsidiary of the Issuer ("P3"), undertook a reverse split of its Common Units (the "P3 LLC Units") at a ratio of 1 for 50. The number of securities reported herein has been adjusted to reflect these actions.
- F2. Reflects the redemption of 50,000 P3 LLC Units for an equal number of shares of Class A Common Stock on a 1-to-1 basis, and the forfeiture for no consideration of an equal number of shares of Class V Common Stock.
- F3. The P3 LLC Units are redeemable at any time by the reporting persons for, at the election of the Issuer, newly-issued Class A Common Stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one share of Class A Common Stock for each P3 LLC Unit redeemed. Upon the redemption of any P3 LLC Units, a number of shares of Class V Common Stock of the Issuer equal to the number of P3 LLC Units that are redeemed will be cancelled by the Issuer for no consideration. The P3 LLC Units do not expire.
- F4. This statement is filed jointly by and on behalf of Hudson Vegas Investment SPV, LLC, Hudson Vegas Investment Manager, LLC and Daniel Straus. Hudson Vegas Investment SPV, LLC is the direct beneficial owner of the securities covered by this statement. Hudson Vegas Investment Manager, LLC and Daniel Straus each may be deemed to share voting and dispositive power over the shares of Class V Common Stock and P3 LLC Units which are held by Hudson Vegas Investment SPV, LLC. Each of Hudson Vegas Investment Manager, LLC and Daniel Straus disclaims beneficial ownership of any shares other than to the extent they may have a pecuniary interest therein.
Key Figures
P3 LLC Units converted: 50,000 units
Class A shares received: 50,000 shares
Class V shares forfeited: 50,000 shares
+4 more
7 metrics
P3 LLC Units converted
50,000 units
Redeemed into Class A Common Stock on a 1-to-1 basis
Class A shares received
50,000 shares
Issued to Hudson Vegas Investment SPV, LLC in redemption
Class V shares forfeited
50,000 shares
Cancelled for no consideration upon unit redemption
P3 LLC Units held after
829,651 units
Hudson Vegas Investment SPV, LLC post-transaction position
Class V shares held after
829,651 shares
Post-transaction Class V Common Stock position
Class A shares held after
50,000 shares
Direct Class A Common Stock position after conversion
Reverse split ratio
1-for-50
Applied April 11, 2025 to Class A, Class V, and P3 LLC Units
Key Terms
reverse stock split, P3 LLC Units, Class V Common Stock, volume weighted average market price, +1 more
5 terms
reverse stock split financial
"the Issuer effected a reverse stock split of the Issuer's issued and outstanding shares"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
P3 LLC Units financial
"P3 Health Group, LLC ... undertook a reverse split of its Common Units (the "P3 LLC Units")"
Class V Common Stock financial
"shares of Class V Common Stock of the Issuer equal to the number of P3 LLC Units"
volume weighted average market price financial
"a cash payment equal to the volume weighted average market price of one share"
beneficial ownership financial
"disclaims beneficial ownership of any shares other than to the extent they may have a pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did P3 Health Partners (PIII) report in this Form 4?
P3 Health Partners reported that Hudson Vegas Investment SPV, LLC redeemed 50,000 P3 LLC Units for 50,000 shares of Class A Common Stock and forfeited 50,000 shares of Class V Common Stock, reflecting an internal capital structure adjustment rather than an open-market trade.
Who is the primary beneficial owner involved in the P3 Health Partners (PIII) Form 4?
The primary beneficial owner is Hudson Vegas Investment SPV, LLC, which directly holds the reported securities. Hudson Vegas Investment Manager, LLC and Daniel Straus may be deemed to share voting and dispositive power but each disclaims beneficial ownership except to the extent of any pecuniary interest.
What are the redemption terms of P3 LLC Units referenced in the P3 Health Partners (PIII) filing?
P3 LLC Units are redeemable at any time for either newly issued Class A Common Stock on a one-for-one basis or a cash payment equal to the volume weighted average market price of one share of Class A Common Stock per unit, at the issuer’s election.
How did the reverse stock split affect the P3 Health Partners (PIII) insider holdings?
On April 11, 2025, P3 Health Partners and P3 LLC each completed 1-for-50 reverse splits of their Class A, Class V, and P3 LLC Units. All share amounts in this Form 4 have been adjusted to reflect these reverse splits, significantly reducing reported unit and share counts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
