Yakira Capital Management, Inc. 4
Research Summary
AI-generated summary
Seritage (SRG-PA) 10% Owner Yakira Capital Sells Shares
What Happened
Yakira Capital Management, Inc., reported as a 10% owner (investment advisor), disposed of a total of 6,380 shares of Seritage Growth Properties (SRG-PA) in two transactions. On 2026-02-06 it sold 810 shares at $24.10 ($19,524) and on 2026-02-09 it sold 5,570 shares at $24.10 ($134,237), for combined proceeds of $153,761. These were sales (routine dispositions by an institutional holder), not purchases.
Key Details
- Transaction dates and prices: 2026-02-06 — 810 shares @ $24.10 ($19,524); 2026-02-09 — 5,570 shares @ $24.10 ($134,237).
- Total sold: 6,380 shares for $153,761.
- Filing date: Form 4 filed 2026-02-09 (reporting period begins 2026-02-06); filing is timely.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Yakira Capital acts as investment adviser to Yakira Partners, Yakira Enhanced Offshore Fund Ltd. and MAP 136; it has sole voting and investment discretion for the reported securities and disclaims beneficial ownership except for any pecuniary interest (see F1).
- Transaction code: S = Sale (open market or private sale).
Context
This filing reflects institutional-level sales by a 10% owner / investment adviser, which typically indicate portfolio adjustments rather than insider views on company operations. No options exercises, awards, gifts, or tax-withholding transactions were reported in this filing.