Zuccotti Patricia L 4

What Happened
Patricia L. Zuccotti, a director of Brookfield Business Corp (BBU), reported dispositions on March 27, 2026: 4,961 BBU units and 3,235 BBHC exchangeable shares (reported as a derivative disposition). These were not open‑market sales for cash; they were transferred to the issuer under a court‑approved plan of arrangement. The filing lists prices and total cash values as N/A because the holdings were converted/exchanged as part of the corporate reorganization.

Key Details

• Transaction date: 2026-03-27. Form filed: 2026-03-31. The Form 4 does not mark the filing as late.
• Reported transactions: Disposition to issuer (code D) — 4,961 shares (BBU units) and 3,235 shares (derivative: BBHC exchangeable shares).
• Price / cash proceeds: N/A — the units/shares were exchanged under the Arrangement rather than sold for cash.
• Shares owned after the transaction: Not specified in the filing.
• Footnotes: The transactions occurred pursuant to a court‑approved arrangement (dated Nov 6, 2025) under which holders of BBU units and BBHC class A exchangeable shares received class A subordinated voting shares of the reorganized Brookfield Business Corporation on a one‑for‑one basis.

Context
This filing records a corporate reorganization exchange, not a routine insider sale. The derivative line reflects BBHC exchangeable shares that were previously exchangeable into BBU units; under the Arrangement they were converted into the new corporation's class A subordinated voting shares. Such disposition-to-issuer entries typically indicate conversion or surrender under a transaction, and do not by themselves signal insider sentiment about the company's stock.