On June 1, it was reported that according to the documents disclosed by the US Securities and Exchange Commission (SEC) on May 31st,$BigBear.ai Holdings (BBAI.US)$Director BBAI Ultimate Holdings, LLC sold 1,111,000 common shares at an average price of $2.43 per share on May 26 and 30, worth about $2.6959 million.
This transaction involves other related parties: AE Industrial PARTNERS FUND II GP, LP, GREENE MICHAEL ROBERT, ROWE DAVID H., AE INTERNATIONAL PARTNERS FUND II-B, LP, AE Industrial PARTNERS FUND II, LP, AE Industrial PARTNERS FUND II-A, LP and AEROEQUITY GP, LLC.
What is a statement of change in shareholding?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholding. When an insider's shareholding changes, depending on different circumstances, it is necessary to submit a statement of change in shareholding to the SEC within a certain period of time after the transaction is completed.
Insiders include the company's directors and executives, as well as any shareholder who owns 10% or more of the company's tradable shares.