Form 4: Rodger R. Krouse Reports Changes in Beneficial Ownership of Vince Holding Corp.

Rodger R. Krouse, a director of Vince Holding Corp., reports a transaction involving the purchase of common stock by P180 Vince Acquisition Co. and subsequent adjustments to beneficial ownership.

Summary

• Rodger R. Krouse, a director of Vince Holding Corp., filed a Form 4 detailing changes in beneficial ownership.
• On January 22, 2025, P180 Vince Acquisition Co. (P180) purchased shares of Vince Holding Corp. (Vince) common stock.
• The purchase was made pursuant to a Stock and Loan Purchase Agreement with Sun Cardinal, LLC, SCSF Cardinal, LLC, and SK Financial Services, LLC.
• P180 acquired a total of 8,481,318 shares, with a portion held back by the sellers.
• Krouse's direct ownership decreased, and he may be deemed to have indirect beneficial ownership of shares held by Sun Cardinal, SCSF Cardinal, and SK Financial.
• Following the transaction, Krouse directly owns 1,262,933 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, and does not inherently convey positive or negative sentiment.

Future Outlook

The document mentions that held back shares may be transferred to P180 in the future subject to certain conditions set forth in the Stock and Loan Purchase Agreement.

Industry Context

This filing reflects changes in ownership structure, which is a common occurrence in the fashion retail industry as companies adjust their financial positions and strategic partnerships.

Related Party Transactions

• The transaction involves related parties including Sun Cardinal, LLC, SCSF Cardinal, LLC, and SK Financial Services, LLC, all affiliated with Sun Capital Partners.

Stakeholder Impact

• The change in ownership may impact shareholders as it reflects shifts in the company's ownership structure.

Key Dates