Yesway director Brown reports initial share holdings
Yesway, Inc. director Thomas Warren Brown filed an initial ownership report showing his equity position in the company.
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Form Type
3
Rhea-AI Filing Summary
Yesway, Inc. director Thomas Warren Brown filed an initial ownership report showing his equity position in the company. He holds 107,249 shares of Class B Common Stock and an equivalent number of LLC Interests that are redeemable on a 1-to-1 basis for Class A Common Stock after the Initial Public Offering. When any LLC Interests are exchanged, an equal number of Class B shares are cancelled, and the LLC Interests have no expiration date.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Brown Thomas Warren
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | LLC Interests | -- | -- | -- |
| Holding | Class B Common Stock | -- | -- | -- |
Holdings:
LLC Interests — 107,249 contracts (Direct);
Class B Common Stock — 107,249 shares (Direct)
Footnotes (1)
- F1. The membership units of BW Ultimate Parent, LLC ("LLC Interests") may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering for shares of Class A Common Stock on a 1-to-1 basis, subject to certain exceptions, conditions and adjustments. At the time of any such exchange, an equal number of shares of Class B Common Stock of the Issuer held by the Reporting Person, are cancelled. The LLC Interests have no expiration date.
Key Figures
Class B Common Stock held: 107,249 shares
LLC Interests underlying shares: 107,249 shares
Exercise/redemption price: $0.0000
+2 more
5 metrics
Class B Common Stock held
107,249 shares
Direct ownership reported in Form 3
LLC Interests underlying shares
107,249 shares
Redeemable into Class A Common Stock on 1-to-1 basis
Exercise/redemption price
$0.0000
Stated exercise price for LLC Interests
Buy transactions
0
Transaction summary buyCount
Sell transactions
0
Transaction summary sellCount
Key Terms
Class B Common Stock, LLC Interests, Initial Public Offering, Class A Common Stock, +1 more
5 terms
Class B Common Stock financial
"He holds 107,249 shares of Class B Common Stock and an equivalent number"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
LLC Interests financial
"He holds 107,249 shares of Class B Common Stock and an equivalent number of LLC Interests"
Initial Public Offering financial
"may be redeemed by the Reporting Person at any time on or following the closing of the Initial Public Offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
Class A Common Stock financial
"may be redeemed ... for shares of Class A Common Stock on a 1-to-1 basis"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
beneficial ownership financial
"The Form 3 shows Thomas Warren Brown’s initial ownership in Yesway, Inc., including"
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 does the Yesway (YSWY) Form 3 filing by Thomas Warren Brown show?
The Form 3 shows Thomas Warren Brown’s initial ownership in Yesway, Inc., including 107,249 Class B Common shares and matching LLC Interests exchangeable into Class A stock. It establishes his equity stake as a director without reporting any purchase or sale transactions.
What are the LLC Interests disclosed in the Yesway (YSWY) Form 3?
The LLC Interests are membership units of BW Ultimate Parent, LLC that may be redeemed for Class A Common Stock of Yesway on a 1-to-1 basis after the Initial Public Offering. When exchanged, an equal number of the holder’s Class B Common shares are cancelled, and the interests have no expiration date.
Does the Yesway (YSWY) Form 3 indicate any insider buying or selling by Thomas Warren Brown?
No insider buying or selling is indicated. The filing lists two holding entries with zero buy and zero sell transactions in the transaction summary. It serves as an initial ownership statement, detailing Brown’s positions rather than reporting new trades in Yesway securities.
How do the LLC Interests convert into Yesway (YSWY) Class A Common Stock?
The LLC Interests may be redeemed for Yesway Class A Common Stock on a 1-to-1 basis after the Initial Public Offering, subject to certain exceptions, conditions and adjustments. At each exchange, an equal number of the holder’s Class B Common shares are cancelled, and the LLC Interests have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
