Harraden Circle Investors, LP 4
Research Summary
AI-generated summary
Suncrete (RMIX) 10% Owner Harraden Sells 17,184 Shares
What Happened
Harraden Circle Investments, LLC — disclosed as a 10% owner related to several Harraden funds — sold 17,184 ordinary shares of Suncrete, Inc. (RMIX) on April 13, 2026. The weighted-average sale price reported was $12.98 per share, for a total proceeds amount of approximately $223,093. This was a sale (code S) and therefore not a purchase signal.
Key Details
- Transaction date: 2026-04-13; Form 4 filed 2026-04-15 (filed within the SEC’s typical two-business-day window).
- Price: weighted-average $12.98; footnote reports execution across multiple trades at prices ranging $12.27–$13.25.
- Shares sold: 17,184; proceeds ≈ $223,093.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: the reporting person will provide on request the number of shares and individual trade prices that made up the weighted average.
- Reporting status: Harraden Circle Investments, LLC is a reporting entity tied to several funds (Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Harraden Concentrated Fund) and related general partner/adviser entities; these entities disclaim beneficial ownership except to the extent of pecuniary interest.
Context
- This filing relates to an institutional 10% owner selling fund-held shares (not an individual executive trading stock). Institutional sales can be for portfolio management reasons and are not direct statements about company fundamentals.
- The disclosure names Frederick V. Fortmiller, Jr. as the managing member of the related GP/adviser entities; those entities state they do not claim beneficial ownership beyond pecuniary interest.