Form 4: Carlson Capital, L.P. Reports In-Kind Distribution of SWK Holdings Corp Shares
SEC Form 4 Filing
Carlson Capital, L.P. reports a pro rata in-kind distribution of 600,678 shares of SWK Holdings Corp common stock by Black Diamond Offshore Ltd.
Summary
- On October 23, 2024, Black Diamond Offshore Ltd. distributed 600,678 shares of SWK Holdings Corp common stock pro rata to its investors.
- Clint Carlson received 399,394.19 shares, Lewis Carlson received 62,078.97 shares, Owen Augustus Carlson 1997 A Trust received 62,078.97 shares, Julian Orlando Carlson 1997 A Trust received 62,078.97 shares, Carlson Capital GP, L.P. received 12,353.51 shares, and The Carlson Foundation received 2,693.40 shares.
- Following the distribution, Carlson Capital, L.P. indirectly holds 8,493,088 shares of SWK Holdings Corp common stock through its managed funds.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a distribution of shares, indicating a neutral sentiment.
Industry Context
This filing reflects changes in beneficial ownership of SWK Holdings Corp shares, which is a common occurrence in the financial industry as investment firms adjust their holdings.
Stakeholder Impact
- The distribution of shares may have a minor impact on the shareholder base of SWK Holdings Corp.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of the pro rata in-kind distribution of SWK Holdings Corp shares. |
| 10/25/2024 | Date of signature for the Form 4 filing. |
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