Mammoth Energy (TUSK) insider restructures 6.47M common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mammoth Energy Services insider associated entity restructures share holdings. A total of 6,470,441 shares of common stock were involved in "other" transactions coded J, which the footnotes describe as an in-kind distribution from MEH SUB LLC that does not involve a purchase or sale of securities or any additional consideration. Following these transactions, CD Holding Company, LLC holds 4,066,610 shares indirectly, and Charles E. Davidson holds 2,403,831 shares directly, with Davidson also controlling and having voting and disposal power over the shares held by CD Holding Company, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DAVIDSON CHARLES E, CD Holding Company, LLC
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2,403,831 | $0.00 | -- |
| Other | Common Stock | 4,066,610 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,403,831 shares (Direct, null);
Common Stock — 4,066,610 shares (Indirect, See footnote)
Footnotes (1)
- Represents an in-kind distribution from MEH SUB LLC, an entity managed by Wexford Capital LP, that does not involve (i) a purchase or a sale of securities or (ii) any additional consideration. Represents the common stock of the Issuer held by CD Holding Company, LLC ("CD Holdings"). Charles E. Davidson may, by reason of his status as a controlling person of CD Holdings, be deemed to own beneficially the securities held by CD Holdings. Mr. Davidson holds the power to vote and to dispose of the securities held by CD Holdings.
Key Figures
Restructured shares: 6,470,441 shares
Indirect holdings: 4,066,610 shares
Direct holdings: 2,403,831 shares
+1 more
4 metrics
Restructured shares
6,470,441 shares
Total shares in J-code restructuring transactions
Indirect holdings
4,066,610 shares
Common stock held by CD Holding Company, LLC after transaction
Direct holdings
2,403,831 shares
Common stock held directly by Charles E. Davidson after transaction
Transaction price
$0.0000 per share
Price per share for both J-code transactions, indicating no consideration
Key Terms
in-kind distribution, beneficially, controlling person, transaction code J
4 terms
in-kind distribution financial
"Represents an in-kind distribution from MEH SUB LLC, an entity managed by Wexford Capital LP"
beneficially financial
"may, by reason of his status as a controlling person of CD Holdings, be deemed to own beneficially the securities"
controlling person regulatory
"by reason of his status as a controlling person of CD Holdings"
A controlling person is an individual or entity that can direct a company’s decisions and strategy through ownership, voting power, board control, or other influence — like the captain of a ship who sets course. For investors, who holds that control matters because it shapes management choices, risk tolerance, potential conflicts of interest, and the likelihood of major actions such as mergers, dividend changes, or management shifts.
transaction code J regulatory
"transaction code": "J" ... "transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did Mammoth Energy Services (TUSK) report?
Mammoth Energy Services reported Form 4 transactions involving 6,470,441 common shares coded J. These reflect an in-kind distribution and restructuring of holdings, rather than an open-market purchase or sale of stock.
What does transaction code J mean in the Mammoth Energy (TUSK) Form 4?
Transaction code J in this Form 4 represents an "other acquisition or disposition" of securities. Here, it reflects a non-cash in-kind distribution and restructuring of ownership, rather than a standard market trade or derivative exercise.