4/A: Great Elm Group Amends SEC Filing to Correct Stock Transfer Details

Great Elm Group, a 10% owner of Great Elm Capital Corp., amended its SEC filing to correct the amount of common stock transferred due to vested compensation awards.

Summary

• Great Elm Group, Inc. filed an amendment to its SEC Form 4, originally filed on September 24, 2024.
• The amendment corrects information regarding the amount of Great Elm Capital Corp. (GECC) common stock transferred on September 20 and September 24, 2024.
• The transfers resulted from vested compensation awards granted in prior years.
• On September 20, 2024, 25,573 shares were transferred at a price of $10.09, resulting in Great Elm Group owning 1,431,545 shares.
• On September 24, 2024, 9,177 shares were transferred at a price of $10.09, resulting in Great Elm Group owning 1,440,722 shares.
• The filing was signed by Adam M. Kleinman, attorney-in-fact, on September 25, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting previously reported information. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and significant shareholders, providing transparency to the market.

Stakeholder Impact

• The correction of the stock transfer details ensures accurate information is available to shareholders.

Key Dates