WBA.Walgreens Boots Alliance, INC

Form 4: Walgreens Boots Alliance Executive Chairman Stefano Pessina Executes Internal Restructuring and Stock Sale

Sentiment:

SEC Form 4

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Stefano Pessina, Executive Chairman of Walgreens Boots Alliance, executed an internal restructuring involving ASP Cayman and sold 832,258 shares of common stock at $11.01 per share.

Summary

  • On April 27, 2025, Stefano Pessina sold 832,258 shares of Walgreens Boots Alliance (WBA) common stock to ASP Cayman at $11.01 per share.
  • ASP Cayman purchased 144,788,821 shares of WBA common stock from Alliance Sante Participations S.A. at $11.01 per share as part of an internal restructuring.
  • The restructuring did not change Pessina's beneficial ownership.
  • Pessina directly owns 657,308 shares of WBA common stock.
  • ASP Cayman holds 145,621,079 shares of WBA common stock.
  • Pessina also holds employee stock options for a total of 1,993,900 shares at various exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The document describes routine transactions related to executive stock ownership and internal restructuring. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This transaction reflects internal restructuring and adjustments in beneficial ownership within Walgreens Boots Alliance, which is common among large corporations with complex ownership structures.

Related Party Transactions

  • The sale of shares to ASP Cayman, a corporation 100% controlled by Stefano Pessina, is a related party transaction.
  • The purchase of shares by ASP Cayman from Alliance Sante Participations S.A., indirectly 100% controlled by Stefano Pessina, is a related party transaction.

Stakeholder Impact

  • The internal restructuring and stock sale are unlikely to have a significant impact on stakeholders as the beneficial ownership remains unchanged.

Key Dates

DateDescription
02/12/2019Date on which employee stock option became exercisable.
11/01/2019Date on which employee stock option became exercisable.
11/01/2019Date on which employee stock option became exercisable.
11/01/2020Date on which employee stock option became exercisable.
11/01/2020Date on which employee stock option became exercisable.
11/01/2021Date on which employee stock option became exercisable.
11/01/2022Date on which employee stock option became exercisable.
04/25/2025Closing price for WBA share on Nasdaq Stock Market.
04/27/2025Date of stock sale and internal restructuring.
04/29/2025Date of Form 4 filing.
02/12/2026Expiration date of employee stock option.
11/01/2026Expiration date of employee stock option.
11/01/2027Expiration date of employee stock option.
11/01/2028Expiration date of employee stock option.
11/01/2029Expiration date of employee stock option.

Keywords

Walgreens Boots Alliance, WBA, Stefano Pessina, ASP Cayman, Stock Sale, Internal Restructuring, Beneficial Ownership, Form 4, Executive Chairman, Stock Options

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