Hamill David John 4

What Happened
David John Hamill, a director, reported dispositions to the issuer on March 27, 2026 totaling 16,336 BBU-related units/shares. The filing shows two dispositions: 12,441 shares (non-derivative) and 3,895 shares (derivative). No per-share price or total dollar value is reported (listed as N/A). These were not open-market sales but transfers occurring as part of a court‑approved corporate arrangement converting BBU units and BBHC exchangeable shares into class A subordinated voting shares of the reorganized corporation.

Key Details

• Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (filed within the typical 2-business-day window).
• Dispositions reported: 12,441 (non-derivative) and 3,895 (derivative) — total 16,336.
• Prices / values: Not disclosed on the Form 4 (N/A).
• Derivative note: the 3,895 shares represent BBHC exchangeable shares (previously exchangeable into BBU units) that were exchanged in the Arrangement.
• Holdings after transaction: Not specified in the Form 4.
• Holdings vehicle: Some holdings reported as held through Auraway Pty Ltd (per footnote).

Context
These dispositions arise from a court‑approved plan of arrangement (effective March 27, 2026) under which holders of BBU limited partnership units and BBHC exchangeable shares received class A subordinated voting shares of the reorganized Brookfield Business Corporation on a one‑for‑one basis. Because the transfers were part of a corporate reorganization (an issuance/exchange with the issuer), they are procedural corporate-conversion transactions rather than routine market sales or purchases; they don’t necessarily indicate insider sentiment about the company.