Director Francis Knuettel II (SBEV) reports 30,000 indirectly held shares on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SPLASH BEVERAGE GROUP, INC. director Francis Knuettel II filed an initial Form 3 reporting his beneficial ownership. The filing shows indirect ownership of 30,000 shares of common stock held by Camden Capital LLC.
According to a footnote, Knuettel and his spouse share independent voting and dispositive control over these shares, which are reported as indirectly owned rather than held in his own name. The filing does not reflect a new purchase or sale, but establishes his existing position as an insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Francis Knuettel II
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,000 shares (Indirect, By Camden Capital LLC)
Footnotes (1)
- [object Object]
Key Figures
Indirectly owned common shares: 30,000 shares
1 metrics
Indirectly owned common shares
30,000 shares
Beneficial ownership reported on Form 3 via Camden Capital LLC
Key Terms
Form 3, indirect ownership, voting and dispositive control
3 terms
Form 3 regulatory
"Director Francis Knuettel II filed an initial Form 3 reporting his beneficial ownership."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
indirect ownership financial
"The filing shows indirect ownership of 30,000 shares of common stock held by Camden Capital LLC."
voting and dispositive control financial
"Knuettel and his spouse share independent voting and dispositive control over these shares."
FAQ
What does the SBEV Form 3 filed by Francis Knuettel II report?
The Form 3 for SBEV reports that director Francis Knuettel II beneficially owns 30,000 shares of common stock indirectly through Camden Capital LLC. It establishes his existing insider holdings rather than recording a new stock purchase or sale.
Is the SBEV Form 3 a buy or sell transaction for Francis Knuettel II?
The SBEV Form 3 does not show a buy or sell transaction. It is an initial statement of beneficial ownership, simply listing 30,000 indirectly owned common shares held by Camden Capital LLC, rather than recording a market trade or option exercise.
Why is indirect ownership important in the SBEV Form 3 for Francis Knuettel II?
Indirect ownership shows that an insider controls shares through an entity rather than personally. In SBEV’s Form 3, 30,000 shares held by Camden Capital LLC are attributed to Knuettel because he and his spouse control voting and disposition, making them part of his beneficial holdings.