Form 4: SCSF Cardinal, LLC Sells 1,000 Shares of Vince Holding Corp. (VNCE)
SEC Form 4
SCSF Cardinal, LLC, a former 10% owner of Vince Holding Corp., disposed of 1,000 shares of common stock at $1.68 per share on May 8, 2025, reducing its holdings to 309,239 shares.
Summary
- On May 8, 2025, SCSF Cardinal, LLC sold 1,000 shares of Vince Holding Corp. common stock.
- The sale price was $1.68 per share.
- Following the transaction, SCSF Cardinal, LLC beneficially owns 309,239 shares of Vince Holding Corp.
- The reporting entities include SCSF Cardinal, LLC, Sun Capital Securities Offshore Fund, Ltd., Sun Capital Securities Fund, L.P., Sun Capital Securities, LLC, and Sun Capital Securities Advisors, L.P.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. The sentiment is neutral as it simply reports a sale of shares.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders. This sale represents a decrease in holdings by a significant shareholder, which could be interpreted in various ways by the market.
Stakeholder Impact
- The sale of shares by a significant shareholder could potentially influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Sale of 1,000 shares of common stock. |
| 05/09/2025 | Date of signatures for the filing. |
Keywords
Form 4, Beneficial Ownership, SCSF Cardinal LLC, VINCE HOLDING CORP, VNCE, Stock Sale, Sun Capital Partners
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