Form 4: Sun Cardinal LLC Sells Vince Holding Corp. Shares

Sun Cardinal LLC, a former 10% owner of Vince Holding Corp., sold 4,721 shares of common stock at an average price of $1.66 per share on May 8, 2025.

Summary

• On May 8, 2025, Sun Cardinal LLC disposed of 4,721 shares of Vince Holding Corp. common stock.
• The shares were sold at a weighted average price of $1.66, with individual transactions ranging from $1.65 to $1.68.
• Following the transaction, Sun Cardinal LLC indirectly owns 925,993 shares.
• Sun Capital Partners V, L.P. owns all ownership interests in Sun Cardinal.
• Sun Capital Partners V, Ltd. is the general partner of Sun Capital Advisors V, L.P., which is the general partner of SCP V.
• These entities may be deemed to have indirect beneficial ownership of the securities owned by Sun Cardinal, but they disclaim beneficial ownership except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it simply reports a transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard practice when insiders or major shareholders of a publicly traded company buy or sell shares. This filing indicates a change in ownership by a significant shareholder.

Stakeholder Impact

• The sale of shares by a significant shareholder could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

Keywords

Sun Cardinal LLC, Vince Holding Corp, stock sale, Form 4, beneficial ownership, Sun Capital Partners, securities, transaction