Form 4: Platinum Equity Sells 2.79 Million Shares of Ingram Micro Holding Corp

Sentiment:

SEC Form 4


Platinum Equity, a significant shareholder in Ingram Micro Holding Corp, has sold 2,790,000 shares of common stock at $22 per share.

Summary

  • Platinum Equity, through its affiliated entities, sold 2,790,000 shares of Ingram Micro Holding Corp common stock on November 4, 2024.
  • The sale price was $22 per share.
  • Following the transaction, Platinum Equity still indirectly owns 210,952,854 shares of Ingram Micro Holding Corp.
  • The reporting entities include Platinum Equity, LLC, and several related investment holdings companies and partnerships.
  • Tom Gores, as manager of Platinum Equity, may be deemed to share beneficial ownership of the securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a share sale.

Industry Context

Form 4 filings are standard practice when significant shareholders or insiders of a publicly traded company buy or sell shares, providing transparency to the market.

Stakeholder Impact

  • The sale of shares by a major shareholder like Platinum Equity could potentially influence the market's perception of Ingram Micro Holding Corp.

Key Dates

DateDescription
11/04/2024Date of the transaction: sale of 2,790,000 shares of common stock.
11/06/2024Date of filing the Form 4.

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