Davis Jennifer Lynn 4
Research Summary
AI-generated summary
Bob's Discount Furniture (BOBS) 10% Owner Jennifer Davis Sells 2.92M Shares
What Happened
- Jennifer Lynn Davis, identified as a 10% owner and a Partner of Bain Capital Investors, LLC, sold 2,917,500 shares of Bob's Discount Furniture (BOBS) on Feb 13, 2026. The shares were sold at $15.94 per share for total proceeds of $46,497,656. The sale was made in connection with the issuer's initial public offering.
Key Details
- Transaction date: 2026-02-13
- Transaction type: Sale (Code S) — 2,917,500 shares at $15.94 each; proceeds $46,497,656
- Shares owned after transaction: Not specified in the provided Form 4
- Footnote F1: Sale executed in connection with the IPO per the prospectus dated Feb 4, 2026; shares sold at the IPO price net of underwriting discounts/commissions
- Footnotes F2/F3: Shares were held by BCPE BDF Investor, LP; Bain Capital Investors, LLC is the ultimate general partner and Ms. Davis is a partner. She may be deemed to share voting/dispositive power but disclaims beneficial ownership except for any pecuniary interest
- Timeliness: Report lists the transaction and period date as 2026-02-13 (no late filing indicated)
Context
- This was a secondary sale tied to the company's IPO rather than an open-market personal trade; for 10% owners like Ms. Davis the transaction typically reflects an institutional/partner sale through a fund vehicle rather than an individual executive signaling. The filing is factual and does not state motivation.