June 30th, according to documents disclosed by the Securities and Exchange Commission (SEC) on June 29th$AMBASE CORP (ABCP.US)$Shareholder Camac Fund LP sold 202500 common shares, worth about $30400, at an average price of 15 cents a share on June 27th.
What is the statement of shareholding change?
SEC requires insiders of listed companies to publicly disclose their securities trading and shareholdings. When the insider's shareholding changes, it is necessary to submit a shareholding change statement to SEC within a certain period of time after the end of the transaction.
Insiders include directors and executives of the company, as well as any shareholders who own 10% or more of the company's outstanding shares.