AKA.NYSEAka Brands Holding CORP

4/A: A.K.A. Brands Director Corrects Beneficial Ownership After Reverse Stock Split

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Ilene Eskenazi, a director of A.K.A. Brands Holding Corp., filed an amended Form 4 to correct the reported amount of securities beneficially owned following a previous transaction, accounting for a 1-for-12 reverse stock split.

Summary

  • Ilene Eskenazi, a director at A.K.A. Brands Holding Corp., filed an amended Form 4 (Form 4/A) with the SEC.
  • The amendment corrects an error in the originally filed Form 4, which incorrectly reported the amount of securities beneficially owned following a reported transaction.
  • The original filing inadvertently stated the amount as 121,048 shares, but the corrected amount is 15,060 shares.
  • The amendment also reflects changes to Eskenazi's holdings resulting from a 1-for-12 reverse stock split that A.K.A. Brands Holding Corp. effected on September 29, 2023.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction ensures accuracy and compliance, which is generally viewed positively.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Key Dates

DateDescription
09/29/2023A.K.A. Brands Holding Corp. effected a 1-for-12 reverse stock split.
06/17/2024Date of earliest transaction reported in the original Form 4.
06/21/2024Date of original Form 4 filing that was amended.
08/02/2024Date of the amended Form 4/A filing.

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