Form 4: Alan E. Goldberg Reports Acquisition of 43.9 Million Amentum Holdings Shares Through In-Kind Distribution

Alan E. Goldberg, a director and 10% owner of Amentum Holdings, Inc., acquired 43,893,904 shares of common stock through a pro-rata in-kind distribution.

Summary

• Alan E. Goldberg, a director and 10% owner of Amentum Holdings, Inc., has reported acquiring 43,893,904 shares of common stock.
• The shares were received through a pro-rata distribution in-kind from Amentum Joint Venture LP to its partners.
• No consideration was paid for the shares as they were part of a distribution.
• The transaction occurred on December 17, 2024.
• The shares are indirectly owned by Mr. Goldberg through LG Amentum Holdings LP.

Sentiment

Score: 6

Explanation: The transaction is a neutral event, reflecting an internal restructuring of ownership. It is not inherently positive or negative for the company's performance.

Positives

• The acquisition of a large number of shares by a director and 10% owner could be seen as a positive sign of confidence in the company.
• The in-kind distribution suggests a restructuring or simplification of ownership within the Amentum Joint Venture LP.

Risks

• The large increase in shares held by a single entity could potentially lead to increased influence over the company.
• The in-kind distribution could indicate a change in the structure of the Amentum Joint Venture LP, which may have unforeseen consequences.

Industry Context

This transaction is a specific ownership change and does not directly reflect broader industry trends. It is an internal restructuring of ownership within Amentum's related entities.

Comparison to Industry Standards

• It is common for directors and major shareholders to adjust their holdings, but the scale of this transaction is significant.
• The in-kind distribution is a less common method of share transfer compared to open market purchases or sales.
• Comparable transactions would be those involving large private equity firms or major shareholders adjusting their stakes in private companies.

Stakeholder Impact

• The transaction increases the shareholding of a major shareholder, which could potentially impact future voting power.
• The in-kind distribution does not directly impact employees, customers, or suppliers.

Key Dates

Keywords

Amentum Holdings, Alan E. Goldberg, share acquisition, in-kind distribution, beneficial ownership, director, 10% owner, LG Amentum Holdings LP