Form 4: Carlyle Group Sells $292 Million Stake in StandardAero

Carlyle Group Inc. reports the sale of 12,849,448 shares of StandardAero, Inc. common stock at a price of $22.74 per share on October 3, 2024.

Summary

• Carlyle Group Inc. and affiliated entities reported a transaction involving the sale of StandardAero, Inc. common stock on October 3, 2024.
• A total of 12,849,448 shares were sold at a price of $22.74 per share.
• Following the transaction, the Carlyle Group's indirect beneficial ownership in StandardAero amounts to 210,190,466 shares.
• The shares were held of record by Carlyle Partners VII S1 Holdings II, L.P.
• Several entities within the Carlyle Group structure may be deemed to share beneficial ownership, but each disclaims beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't convey any particular sentiment, but rather provides factual information about the sale of shares.

Industry Context

Private equity firms like Carlyle Group often adjust their holdings in portfolio companies as part of their investment strategy, which can involve selling shares to realize gains or rebalance their portfolios.

Stakeholder Impact

• The sale of shares by Carlyle Group could potentially impact the market price of StandardAero stock.
• The transaction may signal a shift in Carlyle Group's investment strategy regarding StandardAero.

Key Dates