Director John Cote tied to 5,800-share GPGI (CMPO) stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GPGI, Inc. director John D. Cote reported an indirect open-market purchase of 5,800 shares of Class A Common Stock at a weighted average price of $17.10 per share through his spouse. Following this trade, his spouse’s indirect holdings stand at 5,800 shares.
Cote is also reported as indirectly connected to additional Class A Common Stock positions held via entities referenced in the filing, including Tungsten 2024 LLC, Resolute Compo Holdings LLC, and Ridge Valley LLC, with the parties disclaiming beneficial ownership beyond their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,800 shares ($99,180)
Net Buy
4 txns
Insider
Cote John D.
Role
Director
Bought
5,800 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,800 | $17.10 | $99K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 5,800 shares (Indirect, By Spouse)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.08 to $17.14 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. The securities of the issuer are or may be deemed to be beneficially owned by (i) Tungsten 2024 LLC ("Tungsten"), directly, (ii) John Cote,indirectly as a result of being the manager of Tungsten, (iii) C 323 Holdings, LLC ("C 323 Holdings"), indirectly as a result of its consultation rights with respect to the shares, and (iv) Thomas Knott, indirectly as a result of being the sole and managing member of C 323 Holdings. Each of Tungsten, C 323 Holdings and Messrs. Cote and Knott disclaim beneficial ownership of any securities reported by any person except to the extent of their pecuniary interest therein. The securities of the Issuer are or may be deemed to be beneficially owned by (i) Resolute Compo Holdings LLC ("Resolute CompoHoldings"), directly, (ii) Tungsten, indirectly as a result of being the managing member of Resolute Compo Holdings, (iii) Mr. John Cote,indirectly as a result of being the manager of Tungsten, (iv) C 323 Holdings, indirectly as a result of its consultation rights with respect to the shares, and (v) Mr. Knott, indirectly as a result of being the sole and managing member of C 323 Holdings. Each of Resolute Compo Holdings,Tungsten, C 323 Holdings and Messrs. Cote and Knott disclaim beneficial ownership of any securities reported by any person except to the extent of their pecuniary interest therein. These securities of the Issuer are or may be deemed to be beneficially owned by (i) Ridge Valley LLC, directly, and (ii) Mr. John Cote, indirectly as a result of being the manager of Ridge Valley LLC.
FAQ
What insider transaction did John D. Cote report for GPGI (CMPO)?
John D. Cote reported an indirect open-market purchase of 5,800 GPGI Class A Common shares. The shares were bought on the open market and are held by his spouse, meaning they are reported as indirect ownership linked to Cote’s position as a company director.
What other indirect GPGI (CMPO) holdings are associated with John D. Cote?
The filing links Cote to additional indirect GPGI holdings through entities including Tungsten 2024 LLC, Resolute Compo Holdings LLC, and Ridge Valley LLC. These parties state they may be deemed beneficial owners, while disclaiming beneficial ownership except to the extent of their pecuniary interests in the securities.
Were any derivative securities reported in this GPGI (CMPO) Form 4?
No derivative securities are listed in this Form 4. The filing focuses on Class A Common Stock positions, including the 5,800-share open-market purchase and indirect holdings through various entities. The derivative summary section is empty, indicating no options or similar instruments were reported here.
Why do the entities in the GPGI (CMPO) filing disclaim beneficial ownership?
Entities such as Tungsten 2024 LLC, Resolute Compo Holdings LLC, C 323 Holdings LLC and individuals including John D. Cote and Thomas Knott state they may be deemed beneficial owners yet disclaim ownership beyond their pecuniary interest. This language limits their reported economic stake to what they actually stand to gain.