4/A: Ithaca L.P. Corrects Share Distribution in Informatica Inc. (INFA)
SEC Filing
Ithaca L.P. files an amended Form 4 to correct the number of shares distributed to its partners in Informatica Inc.
Summary
- Ithaca L.P., a 10% owner and director in Informatica Inc. (INFA), filed an amended Form 4 on November 6, 2024, to correct a previously misstated number of shares distributed to its partners.
- The corrected filing reports a distribution of 9,296,740 shares of Class A Common Stock at a price of $0 on November 4, 2024.
- Following the transaction, Ithaca L.P. directly holds 24,119,658 shares of Class A Common Stock.
- Ithaca G.P. Limited, the general partner of Ithaca L.P., may be deemed to share voting and dispositive power over these shares but disclaims beneficial ownership except to the extent of its pecuniary interest.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments, but accuracy in reporting is important.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- Shareholders benefit from accurate reporting of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of share distribution |
| 11/06/2024 | Date of original Form 4 filing with misstated information |
| 11/06/2024 | Date of amended Form 4 filing with corrected information |
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