Harraden Circle Investors, LP 4
Research Summary
AI-generated summary
Suncrete (RMIX) 10% Owner Harraden Circle Sells Shares
What Happened Harraden Circle Investments, LLC (reported as a 10% owner) sold a total of 526,943 Suncrete, Inc. (RMIX) ordinary shares in open-market transactions across April 14–16, 2026. The sales were: 17,622 shares on Apr 14 at a weighted average $12.95 ($228,268); 5,895 shares on Apr 15 at $13.12 ($77,314); and 503,426 shares on Apr 16 at $12.50 ($6,294,537). Total proceeds reported: $6,600,119. These were disposals (sales), not purchases.
Key Details
- Transaction dates and reported weighted-average prices:
- Apr 14, 2026 — 17,622 shares @ $12.95 = $228,268 (prices that day ranged $12.80–$13.19; see footnote)
- Apr 15, 2026 — 5,895 shares @ $13.12 = $77,314 (prices that day ranged $13.06–$13.24; see footnote)
- Apr 16, 2026 — 503,426 shares @ $12.50 = $6,294,537 (prices that day ranged $12.50–$13.00; see footnote)
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing: Report filed Apr 16, 2026 covering trades Apr 14–16; this timing appears consistent with Form 4 reporting requirements (filed within the required window).
- Footnotes: Each sale was executed in multiple trades during the day; weighted-average prices are reported and the filer offers to provide per-trade prices/quantities on request.
- Ownership structure/remark: The shares are directly held by several Harraden-managed funds. Harraden Circle Investments, LLC is the investment manager; Harraden entities and the managing member disclaim beneficial ownership except to the extent of pecuniary interest.
Context
- This report reflects institutional disposals by a 10% holder (fund/manager activity), not necessarily insider trading by an individual executive. Sales by large holders can be for portfolio rebalancing, liquidity, or other non-disclosureable reasons and do not by themselves reveal the holder’s motive.
- For retail investors: purchases typically suggest more direct confidence signals; sales are common and should be considered along with other filings and company fundamentals.