Yesway director reports initial share holdings
Yesway, Inc. director and officer Thomas N. Trkla filed an initial ownership report showing significant indirect and direct stakes in the company’s Class A and Class B common stock.
Rhea-AI Filing Summary
Yesway, Inc. director and officer Thomas N. Trkla filed an initial ownership report showing significant indirect and direct stakes in the company’s Class A and Class B common stock. The filing lists large indirect holdings through Brookwood Financial Partners and several BW Gas & Convenience Aggregator limited partnerships, plus a direct Class B position.
It also notes “LLC Interests” that are redeemable on a 1-to-1 basis for Class A Common Stock after the company’s initial public offering, with an equal number of Class B shares cancelled at the time of any such exchange.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
TRKLA THOMAS N.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | LLC Interests | -- | -- | -- |
| holding | LLC Interests | -- | -- | -- |
| holding | LLC Interests | -- | -- | -- |
| holding | LLC Interests | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
LLC Interests — 349,293 contracts (Direct);
LLC Interests — 9,367,808 contracts (Indirect, By BW Gas & Convenience Aggregator, L.P.);
LLC Interests — 19,735,435 contracts (Indirect, By BW Gas & Convenience Aggregator II, L.P.);
LLC Interests — 1,686,923 contracts (Indirect, By BW Gas & Convenience Aggregator III, L.P.);
Class B Common Stock — 349,293 shares (Direct);
Class A Common Stock — 15,085,561 shares (Indirect, By Brookwood Financial Partners, LLC);
Class B Common Stock — 9,367,808 shares (Indirect, By BW Gas & Convenience Aggregator, L.P.);
Class B Common Stock — 19,735,435 shares (Indirect, By BW Gas & Convenience Aggregator II, L.P.);
Class B Common Stock — 1,686,923 shares (Indirect, By BW Gas & Convenience Aggregator III, L.P.)
Footnotes (5)
- F1. Mr. Trkla has a controlling interest in Brookwood Financial Partners, LLC, and as a result, may be deemed to share beneficial ownership of the securities held of record by Brookwood Financial Partners, LLC.
- F2. Mr. Trkla has a controlling interest in the general partner of BW Gas & Convenience Aggregator, L.P. ("Aggregator I"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Aggregator I.
- F3. Mr. Trkla has a controlling interest in the general partner of BW Gas & Convenience Aggregator II, L.P. ("Aggregator II"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Aggregator II.
- F4. Mr. Trkla has a controlling interest in the general partner of BW Gas & Convenience Aggregator III, L.P. ("Aggregator III"), and as a result, may be deemed to share beneficial ownership of the securities held of record by Aggregator III.
- F5. 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
Indirect Class B via Aggregator II: 19,735,435 shares
Indirect Class B via Aggregator I: 9,367,808 shares
Indirect Class B via Aggregator III: 1,686,923 shares
+5 more
8 metrics
Indirect Class B via Aggregator II
19,735,435 shares
Class B Common Stock held indirectly as of 2026-04-22
Indirect Class B via Aggregator I
9,367,808 shares
Class B Common Stock held indirectly as of 2026-04-22
Indirect Class B via Aggregator III
1,686,923 shares
Class B Common Stock held indirectly as of 2026-04-22
Direct Class B holding
349,293 shares
Class B Common Stock held directly as of 2026-04-22
LLC Interests underlying Class A via Aggregator II
19,735,435 shares
LLC Interests redeemable 1:1 into Class A Common Stock
LLC Interests underlying Class A via Aggregator I
9,367,808 shares
LLC Interests redeemable 1:1 into Class A Common Stock
LLC Interests underlying Class A via Aggregator III
1,686,923 shares
LLC Interests redeemable 1:1 into Class A Common Stock
Direct LLC Interests underlying Class A
349,293 shares
LLC Interests redeemable 1:1 into Class A Common Stock
Key Terms
beneficial ownership, Class B Common Stock, Class A Common Stock, LLC Interests, +1 more
5 terms
beneficial ownership financial
"may be deemed to share beneficial ownership of the securities held of record"
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.
Class B Common Stock financial
"securities held of record by BW Gas & Convenience Aggregator II, L.P."
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.
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.
LLC Interests financial
"The membership units of BW Ultimate Parent, LLC ("LLC Interests") may be redeemed"
Initial Public Offering financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Yesway (YSWY) Form 3 filing by Thomas N. Trkla show?
The filing shows Thomas N. Trkla’s initial ownership in Yesway, Inc., detailing sizable indirect stakes in Class A and Class B common stock through affiliated entities, plus a direct Class B holding. It establishes his beneficial ownership position as a director, officer and ten percent owner.
What is the role of BW Gas & Convenience Aggregator entities in Yesway (YSWY) ownership?
Several BW Gas & Convenience Aggregator limited partnerships hold large positions in Yesway Class B Common Stock and related LLC Interests. Footnotes state Mr. Trkla controls their general partners, so he may be deemed to share beneficial ownership of securities held by Aggregator I, II and III.
What are the Yesway (YSWY) LLC Interests mentioned in the Form 3?
The LLC Interests are membership units of BW Ultimate Parent, LLC that may be redeemed for Class A Common Stock on a 1-to-1 basis after the initial public offering, subject to specified conditions. When exchanged, an equal number of Class B Common Stock shares held by the reporting person are cancelled.
Does the Yesway (YSWY) Form 3 indicate any recent insider buying or selling?
The data are characterized as holding entries with unknown transaction codes, and the transaction summary shows no buys or sells. The filing functions as an initial ownership snapshot for Thomas N. Trkla rather than a report of new open-market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
