4/A: A.K.A. Brands Director Files Amended Form 4 to Correctly Reflect Stock Holdings After Reverse Stock Split

Myles B McCormick, 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

• Myles B McCormick, a director of A.K.A. Brands Holding Corp., filed an amended Form 4 with the SEC.
• The amendment, filed on August 2, 2024, corrects an error in the original Form 4 filed on June 21, 2024.
• The original form incorrectly reported the amount of securities beneficially owned following a reported transaction.
• The corrected amount of securities owned is 22,418 shares of common stock.
• The amendment also reflects changes to McCormick's holdings as a result of a 1-for-12 reverse stock split effected by A.K.A. Brands Holding Corp. on September 29, 2023.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates