Form 4: Guines LLC Increases Stake in biote Corp. (BTMD) Through Open Market Purchases

Guines LLC, along with related entities and individuals, has increased its holdings in biote Corp. through a series of open market purchases of Class A common stock.

Summary

• Guines LLC, along with Roystone Management Holdings LLC, RB Management GP LLC, and Richard Barrera, filed a Form 4 detailing changes in beneficial ownership of biote Corp. (BTMD) stock.
• The transactions involved the purchase of Class A common stock on April 3, 2025, April 4, 2025, and April 7, 2025.
• On April 3, 2025, 7,321 shares were purchased at a weighted average price of $3.2435, within a range of $3.23 to $3.25.
• On April 4, 2025, 23,741 shares were purchased at a weighted average price of $3.2414, within a range of $3.23 to $3.25.
• On April 7, 2025, 43,378 shares were purchased at a weighted average price of $3.1515, within a range of $3.08 to $3.36.
• Following these transactions, the total number of shares beneficially owned indirectly by Guines LLC is 4,107,987.
• The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The increased stake suggests confidence, but it's a routine transaction.

Positives

• Increased investment by Guines LLC could signal confidence in biote Corp.'s future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares; this filing indicates increased ownership by Guines LLC, which could be interpreted as a positive signal.

Stakeholder Impact

• The increased stake by Guines LLC could positively influence shareholder confidence.

Key Dates

Keywords

biote Corp, BTMD, Guines LLC, Roystone Management Holdings LLC, RB Management GP LLC, Richard Barrera, Beneficial Ownership, Form 4, Class A Common Stock, SEC