Form 4: Steel Partners Holdings Director Lon Rosen Gifts Common Units to Family Trust
SEC Form 4 Filing
Director Lon Rosen gifted 589 common units of Steel Partners Holdings L.P. to a family trust, resulting in an indirect beneficial ownership of 25,785 units.
Summary
- On April 12, 2024, Lon Rosen, a director of Steel Partners Holdings L.P., gifted 589 common units to a family trust.
- As a result of this transaction, Rosen's direct ownership of common units decreased to zero.
- However, Rosen indirectly beneficially owns 25,785 common units through the family trust, where he serves as a trustee.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of the transaction where Lon Rosen gifted common units to a family trust. |
| 04/16/2024 | Date of signature for the Form 4 filing. |
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