Form 4: OCM Growth Holdings Sells 400,000 Shares of Runway Growth Finance Corp.
SEC Form 4
OCM Growth Holdings LLC, a major shareholder in Runway Growth Finance Corp., sold 400,000 shares of common stock at $11.90 per share on June 10, 2024.
Summary
- OCM Growth Holdings LLC sold 400,000 shares of Runway Growth Finance Corp. common stock on June 10, 2024.
- The sale price was $11.90 per share.
- Following the transaction, OCM Growth Holdings LLC still beneficially owns 10,779,668 shares.
- The reporting entities include OCM Growth Holdings LLC, Brookfield Oaktree Holdings, LLC, Oaktree Capital Group Holdings GP, LLC, Brookfield Corporation, and BAM Partners Trust.
- Each reporting person disclaims beneficial ownership except to the extent of their pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a transaction without expressing any positive or negative outlook.
Industry Context
Sales by major shareholders are common and can reflect portfolio adjustments or strategic decisions by the investment firm. It's important to monitor further transactions and overall ownership trends to assess long-term commitment.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of transaction: Sale of 400,000 shares of common stock. |
| 06/12/2024 | Date of Form 4 filing. |
Keywords
Runway Growth Finance Corp, OCM Growth Holdings, Share Sale, Beneficial Ownership, Form 4, RWAY, Oaktree, Brookfield
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