Form 4: Ithaca L.P. Distributes Informatica Inc. Shares to Partners
SEC Form 4 Filing
Ithaca L.P., a 10% owner and director of Informatica Inc., distributed 9,276,740 shares of Class A Common Stock to its partners.
Summary
- Ithaca L.P., a reporting person with director and 10% ownership status in Informatica Inc., filed a Form 4.
- The form reports a transaction that occurred on November 4, 2024, where 9,276,740 shares of Class A Common Stock were distributed to certain partners of Ithaca L.P. for no value.
- Following the transaction, Ithaca L.P. directly holds 24,139,658 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.
- The filing was signed on November 6, 2024, by Geerish Bissessur, Director for Ithaca G.P. Limited.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a distribution of shares.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders, including directors and 10% owners, when changes occur in their beneficial ownership of a company's securities. This filing indicates a redistribution of shares within Ithaca L.P.'s partnership structure.
Stakeholder Impact
- The distribution of shares may have a minor impact on the shareholder base, but the overall effect is likely minimal as the shares remain under the control of Ithaca L.P.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of the share distribution transaction. |
| 11/06/2024 | Date of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.