Steel Partners Holdings LP LTD PARTNERSHIP UNIT (SPLP) executive Howard sold 7,773 6% Series A Preferred Units for $179K at an average $22.99
Insider transactions reported
Jack L Howard (executive at Steel Partners Holdings LP LTD PARTNERSHIP UNIT, SPLP) reported that they sold 7,773 6% Series A Preferred Units for $179K at an average $22.99 between Sep 13, 2023 and Sep 15, 2023. After these transactions the filing shows 121,416 6% Series A Preferred Units held directly.
- Reporting person
- Howard Jack L
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 13, 2023 | Open-market sale (S) | 6% Series A Preferred Units1 | -4,582 | $22.94 | $105K | 124,607 direct |
| Sep 14, 2023 | Open-market sale (S) | 6% Series A Preferred Units1 | -3 | $23.05 | $69.15 | 124,604 direct |
| Sep 15, 2023 | Open-market sale (S) | 6% Series A Preferred Units1 | -3,188 | $23.06 | $73.5K | 121,416 direct |
Holdings before and after
- 6% Series A Preferred Units: 129,189 to 121,416 direct
Other positions listed
- Common Units, no par value: 2,071,621 direct
- Common Units, no par value: 869,833 indirect, By Article V Trust
- Common Units, no par value: 1,000 indirect, By Daughter
- Common Units, no par value: 1,000 indirect, By Daughter
- Common Units, no par value: 1,000 indirect, By Daughter
- Common Units, no par value: 114,794 indirect, By EMH Howard, LLC
- Common Units, no par value: 312.5 indirect, By Spouse
- Common Units, no par value: 1,551,652 indirect, By II Trust
- Common Units, no par value: 755,938 indirect, By III Trust
- Common Units, no par value: 1 indirect, By SPH SPV-I LLC
- 6% Series A Preferred Units: 87,649 indirect, By EMH Howard, LLC
Footnotes from the filing
- 1. This Form 4 is filed jointly by Jack L. Howard and EMH Howard, LLC ( EMH ) (collectively, the Reporting Persons ). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding Common Units (the Common Units ). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of his or its pecuniary interest therein. Mr. Howard's direct ownership includes Common Units and 6% Series A Preferred Units of the Issuer (the Series A Preferred ) held by an entity that is 100% owned by him.
- 2. Mr. Howard, as the Managing Member of EMH, may be deemed to beneficially own the Common Units and Series A Preferred held by EMH.
- 3. Mr. Howard is a trustee of the Article V Trust. Mr. Howard does not have a pecuniary interest in the securities held by the Article V Trust.
- 4. Mr. Howard is a trustee of the II Trust. Mr. Howard does not have a pecuniary interest in the securities held by the II Trust.
- 5. Mr. Howard is a trustee of the III Trust. Mr. Howard does not have a pecuniary interest in the securities held by the III Trust.
- 6. Mr. Howard disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Howard is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
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 Howard report in this SPLP Form 4?
Jack L Howard (executive at Steel Partners Holdings LP LTD PARTNERSHIP UNIT, SPLP) reported that they sold 7,773 6% Series A Preferred Units for $179K at an average $22.99 between Sep 13, 2023 and Sep 15, 2023. After these transactions the filing shows 121,416 6% Series A Preferred Units held directly.
How many SPLP shares does Howard hold after this filing?
The filing shows 121,416 6% Series A Preferred Units held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this SPLP 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 SPLP
Earlier insider filings at SPLP
- Sep 11, 2023SEC Form 4: Howard Jack L sold $162,836 worth of 6% Series A Preferred Units (7,076 units at $23.01), decreasing direct ownership by 5% to 129,189 units
- Jul 28, 2023SEC Form 4 filed by Steel Partners Holdings L.P.
- Jul 20, 2023SEC Form 4 filed by Steel Partners Holdings L.P.
- Jul 5, 2023SEC Form 4 filed by Tahari Rory H.
- Jul 5, 2023SEC Form 4 filed by Rosen Lon
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Industrial Specialties
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