PSBD insider reports indirect ownership stakes
Palmer Square Capital BDC Inc. insider Martin C. Bicknell filed an initial Form 3 reporting his beneficial ownership of the company’s common stock as a ten percent owner.
Rhea-AI Filing Summary
Palmer Square Capital BDC Inc. insider Martin C. Bicknell filed an initial Form 3 reporting his beneficial ownership of the company’s common stock as a ten percent owner. The filing shows only existing holdings, not new purchases or sales.
The shares are held indirectly through three LLCs. MCHC, LLC holds 185,000 shares of common stock, BFFV, LLC holds 1,391,817 shares, and 1248 Holdings, LLC holds 1,562,896 shares. Footnotes state Mr. Bicknell controls or manages these entities and may be deemed to beneficially own the shares they hold.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bicknell Martin C
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,562,896 shares (Indirect, By 1248 Holdings, LLC);
Common Stock — 1,391,817 shares (Indirect, By BFFV, LLC);
Common Stock — 185,000 shares (Indirect, By MCHC, LLC)
Footnotes (3)
- F1. Mr. Bicknell controls 1248 Holdings, LLC and may be deemed to beneficially own, indirectly, the shares held by 1248 Holdings, LLC.
- F2. Mr. Bicknell is the Elected Manager of each of the entities that collectively own all of the outstanding membership interests of BFFV, LLC and may be deemed to beneficially own, indirectly, the shares held by BFFV, LLC.
- F3. Mr. Bicknell is the sole member of MCHC, LLC and may be deemed to beneficially own, indirectly, the shares held by MCHC, LLC.
Key Figures
MCHC, LLC holdings: 185,000 shares
BFFV, LLC holdings: 1,391,817 shares
1248 Holdings, LLC holdings: 1,562,896 shares
+2 more
5 metrics
MCHC, LLC holdings
185,000 shares
Common Stock held indirectly by MCHC, LLC
BFFV, LLC holdings
1,391,817 shares
Common Stock held indirectly by BFFV, LLC
1248 Holdings, LLC holdings
1,562,896 shares
Common Stock held indirectly by 1248 Holdings, LLC
Holding entries
3 entries
Form 3 common stock holding records
Net buy/sell direction
neutral
No reported insider purchases or sales
Key Terms
ten percent owner, beneficially own, indirectly, indirect ownership, Form 3
4 terms
ten percent owner regulatory
"the company’s common stock as a ten percent owner"
beneficially own, indirectly financial
"may be deemed to beneficially own, indirectly, the shares held"
indirect ownership financial
"The shares are held indirectly through three LLCs."
Form 3 regulatory
"filed an initial Form 3 reporting his beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Martin C. Bicknell’s Form 3 for PSBD report?
The Form 3 reports Martin C. Bicknell’s initial beneficial ownership of Palmer Square Capital BDC common stock as a ten percent owner. It lists only existing indirect holdings through three LLCs, with no new purchases, sales, or derivative positions disclosed.
What PSBD stake is reported through BFFV, LLC on the Form 3?
BFFV, LLC holds 1,391,817 shares of Palmer Square Capital BDC common stock. The Form 3 explains Mr. Bicknell is the elected manager of entities owning BFFV, LLC and may be deemed to beneficially own, indirectly, the shares held by BFFV, LLC.
What holdings in PSBD are reported for 1248 Holdings, LLC?
1248 Holdings, LLC holds 1,562,896 shares of Palmer Square Capital BDC common stock. The filing states Mr. Bicknell controls 1248 Holdings, LLC and may be deemed to beneficially own, indirectly, the shares that this entity holds for him.
Does the PSBD Form 3 show any recent insider buying or selling?
The Form 3 does not show recent buying or selling activity. It is an initial ownership report listing indirect common stock holdings through three LLCs, with transaction entries marked as holdings and no shares reported as bought, sold, or transferred.
AI-generated analysis. How Rhea-AI works. Not financial advice.
