Form 4: Resolute Compo Holdings LLC Increases Stake in CompoSecure, Inc. Through Open Market Purchases
SEC Form 4 Filing
Resolute Compo Holdings LLC, a significant shareholder in CompoSecure, Inc. (CMPO), has increased its holdings through a series of open market purchases between February 12 and February 14, 2025.
Summary
- Resolute Compo Holdings LLC, along with related entities and individuals, has reported changes in their beneficial ownership of CompoSecure, Inc. (CMPO) Class A Common Stock.
- The transactions involved the purchase of shares on the open market at varying prices.
- On February 12, 2025, 221,186 shares were purchased at a weighted average price of $15.01.
- On February 13, 2025, 220,587 shares were purchased at a weighted average price of $15.5.
- On February 14, 2025, 205,120 shares were purchased at a weighted average price of $15.83.
- Following these transactions, Resolute Compo Holdings LLC is reported to beneficially own 49,290,409 shares.
- Tungsten 2024 LLC, John Cote, and Thomas Knott may also be deemed to have beneficial ownership due to their relationships with Resolute Compo Holdings LLC and Tungsten 2024 LLC, but they disclaim beneficial ownership except to the extent of their pecuniary interest.
- Each of the reporting persons may be deemed to be a director by deputization due to their relationship with Mr. John Cote.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock purchases. The increased stake could be seen as positive, but without further context, it's difficult to gauge the overall impact.
Positives
- The increased stake by Resolute Compo Holdings LLC could be interpreted as a sign of confidence in CompoSecure, Inc.'s future prospects.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of insiders and major shareholders. These filings are closely watched by investors seeking to understand the sentiment and actions of those with the most intimate knowledge of the company.
Stakeholder Impact
- Shareholders may view the increased stake by Resolute Compo Holdings LLC as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Purchase of 221,186 shares of Class A Common Stock at a weighted average price of $15.01. |
| 02/13/2025 | Purchase of 220,587 shares of Class A Common Stock at a weighted average price of $15.5. |
| 02/14/2025 | Purchase of 205,120 shares of Class A Common Stock at a weighted average price of $15.83. |
| 02/14/2025 | Date of signature for the Form 4 filing. |
Keywords
CompoSecure, CMPO, Resolute Compo Holdings, Tungsten 2024 LLC, John Cote, Thomas Knott, Beneficial Ownership, Form 4, SEC Filing, Stock Purchase
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