Form 4: Coliseum Capital Boosts OMI Stake

Coliseum Capital Management and related entities significantly increased their beneficial ownership in Owens & Minor Inc. through recent stock purchases.

Summary

• Coliseum Capital Management, LLC and affiliated entities, including Coliseum Capital Partners, L.P. and a separate account, acquired a total of 1,537,852 shares of Owens & Minor Inc. Common Stock across three transactions.
• On August 12, 2025, 720,000 shares were purchased at a weighted average price of $5.15 per share, with prices ranging from $4.68 to $5.47.
• On August 13, 2025, an additional 325,000 shares were acquired at a weighted average price of $5.46 per share, with prices ranging from $5.27 to $5.60.
• On August 14, 2025, 492,852 shares were purchased at a weighted average price of $5.31 per share, with prices ranging from $5.00 to $5.44.
• Following these transactions, the reporting persons beneficially own a total of 13,100,807 shares of Common Stock.
• Coliseum Capital Partners, L.P. directly owns 10,657,337 shares, and the Separate Account directly owns 2,443,470 shares.

Sentiment

Score: 8

Explanation: The substantial increase in beneficial ownership by a major institutional investor and directors indicates strong confidence in the company's valuation and future performance, typically viewed as a very positive signal.

Positives

• Significant insider buying by a 10% owner and director group (Coliseum Capital Management, Christopher S. Shackelton, Adam Gray) signals strong confidence in the company's future prospects.
• The increased beneficial ownership to over 13.1 million shares demonstrates a substantial commitment from a major institutional investor.

Management Comments

• Christopher S. Shackelton and Adam Gray are managers of and have an ownership interest in Coliseum Capital Management, LLC and Coliseum Capital, LLC.
• Each of Shackelton, Gray, Coliseum Capital Partners, L.P., the Separate Account, Coliseum Capital, LLC, and Coliseum Capital Management, LLC disclaims beneficial ownership of these securities except to the extent of that person's pecuniary interest therein.

Industry Context

Owens & Minor operates within the healthcare distribution and medical supplies industry. The substantial increase in ownership by a significant institutional investor and directors could indicate a belief in the company's strong position within this sector or its potential for future growth, potentially signaling a positive outlook for the company's market share or operational efficiency.

Related Party Transactions

• The reported stock purchases are related party transactions as the acquiring entities and individuals (Coliseum Capital Management, LLC, Christopher S. Shackelton, Coliseum Capital, LLC, COLISEUM CAPITAL PARTNERS, L.P., and Adam Gray) are identified as 10% owners and directors of Owens & Minor Inc.

Stakeholder Impact

• Shareholders may view the significant insider buying as a positive indicator of the company's future performance and valuation, potentially increasing investor confidence.
• The increased stake by a major institutional investor could provide greater stability to the company's shareholder base.

Key Dates

Recommendation

The significant accumulation of shares by Coliseum Capital Management, a 10% owner and director group, signals strong conviction in Owens & Minor's intrinsic value and future growth potential, making it an attractive 'buy' for long-term investors.

Keywords

Owens & Minor, OMI, Coliseum Capital, Insider Buying, Stock Purchase, Beneficial Ownership, Form 4, Healthcare Distribution, Medical Supplies