Barth Brett H 4

What Happened

• Barth Brett H, Co-CEO (BBR Partners LLC), disposed of 50,808.533 shares of BBR ALO Fund, LLC on 2026-06-30. The transaction was reported as an open market or private sale at $14.76 per share, for a total value of $750,000. This was a sale (disposition), which is commonly a routine liquidity event rather than a direct bullish signal.

Key Details

• Transaction date and terms: 2026-06-30 — sale of 50,808.533 shares at $14.76 per share, total $750,000.
• Transaction type: S (sale) — reported as open market or private sale.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: 2026-07-02 — appears timely (filed within the standard 2-business-day window).
• Notable footnote: The securities are now directly held by Merrick Investors LLC following a non‑reportable change in form. They were previously held by a grantor retained annuity trust and an irrevocable trust and transferred into Merrick Investors LLC (footnote F1).

Context

• Sales by insiders can reflect personal liquidity needs or portfolio rebalancing; they are not, by themselves, proof of company outlook. The footnote indicates only a change in how ownership is structured (transferred into Merrick Investors LLC), not an economic sale of underlying holdings prior to this reported disposition.