Suncrete 10% owners sell 526,943 RMIX shares
Suncrete, Inc. 10% owners report open‑market sales of Class A Common Stock.
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Rhea-AI Filing Summary
Suncrete, Inc. 10% owners report open‑market sales of Class A Common Stock. Investment entities including Harraden Circle Investments, LLC disclosed selling a combined 526,943 Class A shares in open‑market transactions over three days.
The reported sales were 17,622 shares at a weighted‑average price of $12.9536 on April 14, 5,895 shares at $13.1152 on April 15, and 503,426 shares at $12.5034 on April 16, all held indirectly. After these transactions, the entities collectively report owning 4,384,563 Class A shares. Each day’s trade was executed in multiple lots within disclosed price ranges, with weighted‑average prices reported.
Insights
Large shareholder executes multi‑day open‑market stock sales but retains sizable position.
Investment entities affiliated with Harraden Circle, each listed as a 10% owner of Suncrete, Inc., reported three open‑market sales totaling 526,943 Class A shares. The transactions occurred on April 14, April 15, and April 16 at weighted‑average prices near $13.
Following these sales, the group still reports holding 4,384,563 Class A shares indirectly, indicating a continuing, substantial stake. All trades were executed in multiple lots within specified intraday price ranges, and the filer notes willingness to provide detailed trade breakdowns on request, which is typical for block transactions reported with weighted‑average prices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 503,426 | $12.5034 | $6.29M |
| Sale | Class A Common Stock | 5,895 | $13.1152 | $77K |
| Sale | Class A Common Stock | 17,622 | $12.9536 | $228K |
Footnotes (3)
- F1. This transaction was executed in multiple trades during the day at prices ranging from $12.80 to $13.19. The weighted-average price is reported in column 4. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $13.06 to $13.24. The weighted-average price is reported in column 4. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3. This transaction was executed in multiple trades during the day at prices ranging from $12.50 to $13.00. The weighted-average price is reported in column 4. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
Key Figures
Key Terms
open-market sale financial
Class A Common Stock financial
indirect ownership financial
weighted-average price financial
10% owner financial
FAQ
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What insider transactions did RMIX’s large holders report in this Form 4?
What prices were received in the RMIX insider sales reported by Harraden Circle entities?
Were the RMIX insider transactions direct or indirect holdings for the reporting persons?
AI-generated analysis. How Rhea-AI works. Not financial advice.