Horizon Global (HZN) director Weber returned to the company 33,333 shares at $1.75
Insider transactions reported
Mark Weber (director at Horizon Global Corporation, HZN) reported that they returned to the company 33,333 shares at $1.75, and disposed of 91,991 shares at $1.75 on Feb 8, 2023. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Weber Mark
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 8, 2023 | Tender of shares in a change of control (U) | Common Stock1 | -91,991 | $1.75 | $161K | 33,333 direct |
| Feb 8, 2023 | Sale back to the company (D) | Common Stock1 | -33,333 | $1.75 | $58.3K | 0 direct |
Holdings before and after
- Common Stock: 125,324 to 0 direct
Footnotes from the filing
- 1. Pursuant to the Agreement and Plan of Merger, dated December 30, 2022, by and among First Brands Group, LLC, PHX Merger Sub, Inc. ( Merger Sub ) and the Issuer (the Merger Agreement ) by which Merger Sub merged with and into Issuer, with Issuer continuing as the surviving corporation (the Merger ), shares of Issuer Common Stock were tendered by the Insider, and outstanding restricted stock units ( RSUs ) were canceled, for the per-unit or per-share purchase price of $1.75.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Weber report in this HZN Form 4?
Mark Weber (director at Horizon Global Corporation, HZN) reported that they returned to the company 33,333 shares at $1.75, and disposed of 91,991 shares at $1.75 on Feb 8, 2023. After these transactions the filing shows 0 shares held directly.
How many HZN shares does Weber 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 D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for HZN
Earlier insider filings at HZN
- Feb 10, 2023SEC Form 4: Milgrim Brett N returned $58,333 worth of shares to the company (33,333 units at $1.75), closing all direct ownership in the company
- Feb 10, 2023SEC Form 4: Langdon Ryan L returned $58,333 worth of shares to the company (33,333 units at $1.75)
- Feb 10, 2023SEC Form 4: Corre Partners Management, Llc returned $58,333 worth of shares to the company (33,333 units at $1.75)
- Feb 10, 2023SEC Form 4: Kennedy John C returned $58,333 worth of shares to the company (33,333 units at $1.75), closing all direct ownership in the company
- Feb 10, 2023SEC Form 4: Zhou Jian James returned $222,768 worth of shares to the company (127,296 units at $1.75), closing all direct ownership in the company
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Auto Parts:O.E.M.
- Listed since
- 2015
Follow HZN and get a push notification the moment its next story breaks.