39,522,821 Sabre (SABR) shares reported by Constellation group
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Sabre Corp insider filing: Constellation Software Inc., together with Constellation Canadian Holdings Inc. and Mark Miller, reports an initial ownership position in Sabre Corp. The filing shows that Constellation Canadian Holdings Inc. directly owns 39,522,821 shares of Sabre common stock, and Constellation Software and Mr. Miller may be deemed to beneficially own these shares through their relationship to Constellation Canadian Holdings Inc., while each expressly disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONSTELLATION SOFTWARE INC, Constellation Canadian Holdings Inc., Miller Mark Robert
Role
10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 39,522,821 shares (Direct)
Footnotes (1)
- This Form 3 is filed jointly by Constellation Software Inc ("Constellation Software"), Constellation Canadian Holdings Inc. ("Constellation Holdings"), and Mark Miller (collectively, the "Reporting Persons"). The EDGAR filing codes for Constellation Holdings and Mark Miller were not available at the time of this required filing, and the Reporting Persons intend to amend this Form 3 to include such Reporting Persons in the filing when such codes are available. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Securities owned directly by Constellation Holdings. As the direct parent company of Constellation Holdings, Constellation Software may be deemed to beneficially own the securities owned directly by Constellation Holdings. Mr. Miller, as the President of Constellation Software, may be deemed to beneficially own the securities owned directly by Constellation Holdings.
Key Figures
Sabre shares owned: 39,522,821 shares
1 metrics
Sabre shares owned
39,522,821 shares
Common Stock owned directly by Constellation Canadian Holdings Inc.
Key Terms
beneficial ownership, pecuniary interest, Section 16, ten percent owner, +1 more
5 terms
beneficial ownership financial
"Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his or its pecuniary interest therein"
Section 16 regulatory
"this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ten percent owner regulatory
"is_ten_percent_owner": 1"
Common Stock, $0.01 par value financial
"security_title": "Common Stock, $0.01 par value""
FAQ
Why are multiple reporting persons listed in this Sabre Corp (SABR) Form 3/A?
The Form 3/A is filed jointly by Constellation Software Inc., Constellation Canadian Holdings Inc., and Mark Miller. Their roles as parent company and executive tied to the direct owner require joint reporting, even though Constellation Canadian Holdings Inc. holds the Sabre shares directly.
Does this Sabre (SABR) Form 3/A show a new buy or sell transaction?
The entry is classified as a holding with 39,522,821 shares shown as owned following the reported date. There is no explicit buy or sell transaction code; the form primarily establishes the reporting persons’ ownership position under Section 16 rules.