Five Point Holdings (FPH) 10% owner Luxor Capital Group sold 5,700 shares for $17.7K at $3.10
Insider transactions reported
Luxor Capital Group, LP (10% owner at Five Point Holdings LLC, FPH) reported that they sold 5,700 shares for $17.7K at $3.10 on May 13, 2024. After these transactions the filing shows 5,204,862 shares held indirectly (By:Luxor Capital Partners, LP) and 1,332,550 shares held indirectly (By: Luxor Wavefront, LP).
- Reporting person
- Luxor Capital Group, LP
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 13, 2024 | Open-market sale (S) | Class A Common Shares, no par value1, 2, 3 | -2,903 | $3.10 | $8,999 | 5,204,862 indirect |
| May 13, 2024 | Open-market sale (S) | Class A Common Shares, no par value1, 2, 4 | -743 | $3.10 | $2,303 | 1,332,550 indirect |
| May 13, 2024 | Open-market sale (S) | Class A Common Shares, no par value1, 2, 5 | -1,591 | $3.10 | $4,932 | 2,850,884 indirect |
| May 13, 2024 | Open-market sale (S) | Class A Common Shares, no par value1, 2, 6 | -432 | $3.10 | $1,339 | 773,656 indirect |
| May 13, 2024 | Open-market sale (S) | Class A Common Shares, no par value1, 2, 7 | -31 | $3.10 | $96.10 | 55,509 indirect |
Holdings before and after
- Class A Common Shares, no par value: 5,207,765 to 5,204,862 indirect, By:Luxor Capital Partners, LP
- Class A Common Shares, no par value: 1,333,293 to 1,332,550 indirect, By: Luxor Wavefront, LP
- Class A Common Shares, no par value: 2,852,475 to 2,850,884 indirect, By:Luxor Capital Partners Offshore Master Fund, LP
- Class A Common Shares, no par value: 774,088 to 773,656 indirect, By: Thebes Offshore Master Fund, LP
- Class A Common Shares, no par value: 55,540 to 55,509 indirect, By: Luxor Capital Partners Long Offshore Master Fund, LP
Footnotes from the filing
- 1. This Form 4 is filed jointly by Luxor Capital Group, LP ( Luxor Capital Group ), Luxor Capital Partners, LP ( Onshore Fund ), Luxor Capital Partners Offshore, Ltd. ( Offshore Feeder Fund ), Luxor Wavefront, LP ( Wavefront Fund ), Luxor Capital Partners Long Offshore, Ltd. (the Long Offshore Feeder Fund ), LCG Holdings, LLC ( LCG Holdings ), Luxor Management, LLC ( Luxor Management ) and Christian Leone (collectively, the Reporting Persons ).
- 2. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. The filing of this Form 4 shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer he or it does not directly own.
- 3. Securities owned directly by Onshore Fund. Each of LCG Holdings and Luxor Capital Group, as the general partner and investment manager, respectively, of Onshore Fund, may be deemed to beneficially own the securities owned directly by Onshore Fund. Luxor Management, as the general partner of Luxor Capital Group, and Christian Leone, as the managing member of each of LCG Holdings and Luxor Management, may be deemed to beneficially own the securities owned directly by Onshore Fund.
- 4. Securities owned directly by Wavefront Fund. Each of LCG Holdings and Luxor Capital Group, as the general partner and investment manager, respectively, of Wavefront Fund, may be deemed to beneficially own the securities owned directly by Wavefront Fund. Luxor Management, as the general partner of Luxor Capital Group, and Christian Leone, as the managing member of each of LCG Holdings and Luxor Management, may be deemed to beneficially own the securities owned directly by Wavefront Fund.
- 5. Securities owned directly by Luxor Capital Partners Offshore Master Fund, LP ( Offshore Master Fund ). Offshore Feeder Fund, as the owner of a controlling interest in Offshore Master Fund, may be deemed to beneficially own the securities owned directly by Offshore Master Fund. Each of LCG Holdings and Luxor Capital Group, as the general partner and investment manager, respectively, of Offshore Master Fund, may be deemed to beneficially own the securities owned directly by Offshore Master Fund. Luxor Management, as the general partner of Luxor Capital Group, and Christian Leone, as the managing member of each of LCG Holdings and Luxor Management, may be deemed to beneficially own the securities owned directly by Offshore Master Fund.
- 6. Securities owned directly by Thebes Offshore Master Fund, LP ( Thebes Master Fund ). Each of LCG Holdings and Luxor Capital Group, as the general partner and investment manager, respectively, of Thebes Master Fund, may be deemed to beneficially own the securities owned directly by Thebes Master Fund. Luxor Management, as the general partner of Luxor Capital Group, and Christian Leone, as the managing member of each of LCG Holdings and Luxor Management, may be deemed to beneficially own the securities owned directly by Thebes Master Fund.
- 7. Securities owned directly by Luxor Capital Partners Long Offshore Master Fund, LP ( Long Offshore Master Fund ). Long Offshore Feeder Fund, as the owner of a controlling interest in Long Offshore Master Fund, may be deemed to beneficially own the securities owned directly by Long Offshore Master Fund. Each of LCG Holdings and Luxor Capital Group, as the general partner and investment manager, respectively, of Long Offshore Master Fund, may be deemed to beneficially own the securities owned directly by Long Offshore Master Fund. Luxor Management, as the general partner of Luxor Capital Group, and Christian Leone, as the managing member of each of LCG Holdings and Luxor Management, may be deemed to beneficially own the securities owned directly by Long Offshore Master Fund.Long Offshore Master Fund disclaims beneficial ownership of these securities for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Luxor Capital Group report in this FPH Form 4?
Luxor Capital Group, LP (10% owner at Five Point Holdings LLC, FPH) reported that they sold 5,700 shares for $17.7K at $3.10 on May 13, 2024. After these transactions the filing shows 5,204,862 shares held indirectly (By:Luxor Capital Partners, LP) and 1,332,550 shares held indirectly (By: Luxor Wavefront, LP).
How many FPH shares does Luxor Capital Group hold after this filing?
The filing shows 5,204,862 shares held indirectly (By:Luxor Capital Partners, LP), 1,332,550 shares held indirectly (By: Luxor Wavefront, LP), 2,850,884 shares held indirectly (By:Luxor Capital Partners Offshore Master Fund, LP) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this FPH insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for FPH
Earlier insider filings at FPH
- May 10, 2024Luxor Capital Group, Lp sold $114,671 worth of Class A Common Shares (37,168 units at $3.09) (SEC Form 4)
- May 7, 2024Luxor Capital Group, Lp sold $349,019 worth of Class A Common Shares (112,969 units at $3.09) (SEC Form 4)
- Apr 26, 2024Luxor Capital Group, Lp sold $35,300 worth of Class A Common Shares (11,796 units at $2.99) (SEC Form 4)
- Apr 23, 2024Luxor Capital Group, Lp sold $237,641 worth of Class A Common Shares (77,895 units at $3.05) (SEC Form 4)
- Apr 18, 2024Luxor Capital Group, Lp sold $91,575 worth of Class A Common Shares (29,677 units at $3.09) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Real Estate
- Listed since
- 2017
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