Neos Partners I LP 4
Research Summary
AI-generated summary
Forgent Power Solutions (FPS) 10% Owner Neos Partners Sells 48.6M Shares
What Happened
- Neos Partners, LP (reported as a 10% owner) reported multiple transactions on 2026-06-01. The primary action was an open-market or private sale of 48,622,000 shares (Transaction code S). On the same date the filing also shows an acquisition/award of 15,852,319 shares (code A) and a disposition to the issuer of 15,852,319 shares recorded as a derivative disposition (code D). The Form 4 lists prices and total dollar amounts as N/A (not reported).
Key Details
- Transaction dates: all reported as 2026-06-01; Form 4 filed 2026-06-03 (appears timely within the typical two-business-day window).
- Prices and dollar values: listed as N/A on the filing (no per-share price or total value reported).
- Shares owned after transaction: not specified on this Form 4.
- Footnotes: multiple footnotes reference Exhibit 99.1 for explanatory text; Exhibit 99.2 contains joint filer info and signatures. This is the second of three identical Form 4s filed for the same event (split due to EDGAR limits).
- Transaction types: A = award/acquisition, S = sale, D = disposition to issuer (derivative). The D entry is marked as derivative on the filing.
Context
- This filing involves an institutional 10% owner (Neos Partners, LP), not an individual company executive—treat as large-holder activity rather than insider executive trading. Because prices and values are not reported, the economic impact cannot be calculated from this Form 4 alone. Check the referenced exhibits (99.1/99.2) and related Form 4 filings for complete footnote details and any additional reporting by other related reporting persons.