Form 4: Mario Gabelli Reports Transaction in Atlanta Braves Holdings, Inc. (BATRA)

Sentiment:

SEC Form 4


Mario Gabelli and related entities report a transaction involving Series A Common Stock of Atlanta Braves Holdings, Inc. related to a disgorgement payment.

Summary

  • On May 31, 2024, Mario J. Gabelli reported a transaction involving Series A Common Stock of Atlanta Braves Holdings, Inc.
  • The transaction involved a disgorgement payment to the issuer for a sale on January 22, 2024, by Limited Partnership III.
  • Gabelli directly owns 23,800 shares of Series A Common Stock.
  • Associated Capital Group, Inc. owns 5,550 shares of Series A Common Stock.
  • GGCP, Inc. owns 42,000 shares of Series A Common Stock.
  • Various limited partnerships also hold shares, with Gabelli disclaiming ownership beyond his pecuniary interests.
  • The reporting persons disclaim ownership of securities held by these entities in excess of their pecuniary interests.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a transaction involving company stock. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders and large shareholders. This filing indicates activity by a significant shareholder in Atlanta Braves Holdings, Inc.

Key Dates

DateDescription
01/22/2024Date of sale by Limited Partnership III that led to the disgorgement payment.
05/31/2024Date of the reported transaction (disgorgement payment).
06/03/2024Date of signature for the filing by Douglas R. Jamieson and Peter D. Goldstein.

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