Earnings Feed
Start Free
Compass Diversified Holdings·4

May 11, 6:21 PM ET

ADW Capital Partners, L.P. 4

Research Summary

AI-generated summary

Updated

Compass Diversified (CODI) 10% Owner ADW Capital Sells & Buys Shares

What Happened ADW Capital Management, LLC — reported as a 10% owner of Compass Diversified Holdings (CODI) — filed a Form 4 showing both a purchase and a sale of derivative securities on May 7, 2026. The filing shows a purchase of 30,000 derivative units at $5.30 each (total $159,000) and a sale of 30,000 derivative units at $2.48 each (total $74,400). The transactions are reported as derivative in nature; a footnote indicates the instruments are "freely exercisable."

Key Details

  • Transaction date: 2026-05-07; Form 4 filed: 2026-05-11.
  • Purchase: 30,000 derivative units @ $5.30 = $159,000 (code P).
  • Sale: 30,000 derivative units @ $2.48 = $74,400 (code S).
  • Shares/units owned after the transactions: not specified in this filing.
  • Notable footnotes:
    • F1: Joint filing by ADW Capital Partners, L.P. (record owner), ADW Capital Management, LLC (general partner/manager), and Adam D. Wyden (sole manager).
    • F2: Reporting persons disclaim beneficial ownership except to the extent of pecuniary interest.
    • F3: Reporting persons note potential group status under Sections 13(d)/13(g).
    • F4: Instruments described as "freely exercisable."
  • Timeliness: Form reports transactions dated 5/7/2026 and was filed 5/11/2026 (four days later); review filers' timeliness if that matters to your analysis.

Context

  • This filing was made by a 10% owner (institutional/ownership group), not an individual executive; institutional transactions can reflect portfolio or hedging actions rather than management views.
  • The filing records derivative transactions rather than straightforward open-market buy/sell of common stock; derivatives can include options or similar instruments — the filing does not specify the exact derivative type beyond "freely exercisable."
  • Purchases are often considered more informative than routine sales, but because both buy and sell occur the same day and the filing involves derivatives, treat this as neutral factual information rather than a clear bullish or bearish signal.