ADVENT INTERNATIONAL, L.P. 4
4 · INNIO N.V. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
INNIO (INIO) 10% Owner AI Alpine Sells 103.5M Shares
What Happened AI Alpine (Luxembourg) S.a.r.l., a reported 10% owner of INNIO N.V. (INIO), disposed of 103,500,000 INNIO shares on June 5, 2026. The shares were sold at $25.99 per share for aggregate proceeds of $2,689,965,000. This was a sale (disposition) transaction — sales are often routine portfolio or liquidity moves rather than a signal of company fundamentals.
Key Details
- Transaction date and price: June 5, 2026 — 103,500,000 shares sold at $25.99 per share. Total value ≈ $2,689,965,000.
- Transaction type: Open market or private sale (reported as sale, code S).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes of note:
- AI Alpine (Luxembourg) is directly controlled by AI Alpine Parent & Cy S.C.A.; Advent International-affiliated funds indirectly hold ~53.8% of AI Alpine Parent and exercise voting/investment control (F1).
- Abu Dhabi Investment Authority (ADIA) indirectly holds ~45.0% of AI Alpine Parent via Luxinva S.A. and may be deemed to have beneficial ownership under SEC rules (F2).
- Reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest (F3).
- Filing timeliness: Reported with period and filing date of June 5, 2026 — no late filing indicated.
Context This disclosure involves an institutional 10% owner, not an individual executive. Such sales typically reflect changes in institutional holdings or liquidity needs and do not, by themselves, indicate management sentiment. The filing also notes that certain board members were appointed under a Relationship Agreement (dated June 4, 2026), and the reporting persons may be deemed directors by deputization for Section 16 purposes.
Insider Transaction Report
- Sale
Common Shares
[F1][F2][F3]2026-06-05$25.99/sh−103,500,000$2,689,965,000→ 646,500,000 total
Footnotes (3)
- [F1]The reported securities are directly held by AI Alpine (Luxembourg) S.a r.l. (the "Shareholder"), which is indirectly controlled by AI Alpine Parent & Cy S.C.A. ("AI Alpine Parent"). Various funds and accounts affiliated with Advent International, L.P. and its general partner, Advent International GP, LLC (together with Advent International, L.P., "Advent"), indirectly hold 53.8% of the equity of AI Alpine Parent and, accordingly, Advent exercises voting and investment control of the securities directly held by the Shareholder. The board of Advent International GP, LLC appoints the investment committee of Advent International, L.P. (the "Investment Committee"), which Investment Committee has voting and investment power with respect to the securities directly held by the Shareholder.
- [F2]Abu Dhabi Investment Authority ("ADIA") indirectly holds approximately 45.0% of the equity of AI Alpine Parent through Luxinva S.A., a wholly owned subsidiary of ADIA. Due to the terms of its relationship with AI Alpine Parent and such indirect holdings, ADIA may, for the purposes of and pursuant to the rules and regulations of the SEC, also be deemed to have beneficial ownership of the securities directly held by the Shareholder. ADIA is a public institution established by the Government of the Emirate of Abu Dhabi.
- [F3]Each Reporting Person and each other person referenced in this Statement disclaims Section 16 beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, if any, and this Statement shall not be deemed an admission of beneficial ownership of any of the reported shares for purposes of Section 16 or any other purpose.