Form 4: Coliseum Capital Increases Stake in Owens & Minor (OMI) with Recent Stock Purchases

Coliseum Capital Management and related entities have significantly increased their holdings in Owens & Minor, acquiring over 2.8 million shares of common stock in multiple transactions between February 28, 2025, and March 4, 2025.

Summary

• Coliseum Capital Management, LLC, along with related entities, including Coliseum Capital Partners, L.P., Coliseum Capital, LLC, Christopher S. Shackelton, and Adam Gray, have reported changes in their beneficial ownership of Owens & Minor Inc. (OMI) common stock.
• On February 28, 2025, they purchased 1,738,511 shares at a weighted average price of $9.39 per share.
• On March 3, 2025, they acquired an additional 354,901 shares at a weighted average price of $9.19 per share.
• A further 800,000 shares were purchased on March 4, 2025, at a weighted average price of $9.75 per share.
• Following these transactions, the total number of shares beneficially owned by the reporting persons is 10,624,599.
• These shares are held indirectly through Coliseum Capital Partners, L.P. and a separate account investment advisory client of Coliseum Capital Management, LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The increased investment suggests confidence, but it's a standard transaction.

Positives

• Coliseum Capital's increased investment could be interpreted as a sign of confidence in Owens & Minor's future prospects.

Industry Context

Investment firms frequently adjust their holdings in publicly traded companies, reflecting their evolving perspectives on the company's prospects and broader market conditions. This Form 4 filing indicates a significant increase in Coliseum Capital's investment in Owens & Minor, which could influence market sentiment.

Stakeholder Impact

• The increased stake by Coliseum Capital could positively influence shareholder confidence.

Key Dates