Loyalty Ventures (LYLT) director Rayner disposed of 27,539 shares
Stocks in this Quantisnow insightTechnology
Insider transactions reported
Barbara L Rayner (director at Loyalty Ventures Inc., LYLT) reported that they disposed of 27,539 shares on Jun 2, 2023. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Rayner Barbara L
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 2, 2023 | Other acquisition or disposition (J) | Common Stock1, 2 | -27,539 | - | - | 0 direct |
Holdings before and after
- Common Stock: 27,539 to 0 direct
Footnotes from the filing
- 1. On March 10, 2023, Loyalty Ventures Inc. (the Issuer ) and certain of its subsidiaries (collectively with the Issuer, the Debtors ) filed voluntary petitions for relief under chapter 11 of title 11 of the United Stated Code in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court ). On April 27, 2023, the Bankruptcy Court entered an order confirming the Debtors' First Amended Combined Disclosure Statement and Joint Chapter 11 Plan (as amended, modified or supplemented from time to time, the Plan ). On June 2, 2023 (the Effective Date ), the Plan became effective pursuant to its terms, the Debtors emerged from bankruptcy and all of the Issuer's common stock was cancelled automatically and without the receipt of any consideration pursuant to the Plan.
- 2. On the Effective Date, all unvested time-based restricted stock units represented by shares of the Issuer's common stock were cancelled automatically and without the receipt of any consideration pursuant to the Plan.
Transaction codes in this filing
- Other acquisition or disposition:
- Code J marks a transaction that fits no other code. The footnotes describe what happened.
FAQ
What did Rayner report in this LYLT Form 4?
Barbara L Rayner (director at Loyalty Ventures Inc., LYLT) reported that they disposed of 27,539 shares on Jun 2, 2023. After these transactions the filing shows 0 shares held directly.
How many LYLT shares does Rayner hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code J mean on an SEC Form 4?
Code J marks a transaction that fits no other code. The footnotes describe what happened.
Historical context for LYLT
Earlier insider filings at LYLT
- Jun 5, 2023SEC Form 4 filed by Atkinson Graham W
- Jun 5, 2023SEC Form 4 filed by Genovese Richard A.
- Feb 17, 2023SEC Form 4: Hageman Cynthia L covered exercise/tax liability with 2,150 shares, decreasing direct ownership by 30% to 31,073 units (for withholding tax)
- Feb 17, 2023SEC Form 4: Mennen Claudia covered exercise/tax liability with 5,656 shares, decreasing direct ownership by 36% to 29,625 units (withholding obligation)
- Feb 17, 2023SEC Form 4: Santillan Laura covered exercise/tax liability with 2,036 shares, decreasing direct ownership by 21% to 40,984 units (tax liability)
Keep researching LYLT
- LYLT insider tradesEvery buy and sale reported by Loyalty Ventures Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
Quantisnow market dataNASDAQ
LYLT
Loyalty Ventures Inc.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
Get push alerts for LYLT
Full LYLT profile on Quantisnow Follow LYLT and get a push notification the moment its next story breaks.
Original source Picked up and delivered by Quantisnow in real time