4Filed Jul 8, 8:00 PM ET
AMG BBASX 10% Owner AMG New York Holdings Buys 182,783.934 Shares
$BBASX · AMG BBH Asset-Backed Credit Fund, LLCResearch Summary
AI-generated summary of this SEC filing
AMG BBASX 10% Owner AMG New York Holdings Buys 182,783.934 Shares
What Happened
- AMG New York Holdings Corp., reported as a 10% owner of AMG BBH Asset-Backed Credit Fund, LLC (BBASX), acquired 182,783.934 shares on July 7, 2026. The purchase price was $9.99 per share for a total reported transaction value of $1,826,012. The Form 4 lists the transaction code P (purchase) and describes it as an open market or private purchase.
Key Details
- Transaction date: 2026-07-07; Filing date (Form 4): 2026-07-09 (appears timely).
- Price per share: $9.99; Shares acquired: 182,783.934; Total value: $1,826,012.
- Transaction code: P (Purchase); listed as "open market or private purchase" on the filing.
- Shares owned after transaction: Not specified in the excerpt provided.
- Accession number: 0001193125-26-299529.
- No footnotes (e.g., 10b5-1, tax withholding) were provided in the transaction details supplied.
Context
- This filing reports an institutional 10% owner buying shares — a straightforward purchase by a large holder, not an executive compensation event. Purchases by large holders can be of interest to retail investors as a direct capital commitment, but the filing itself does not explain the buyer’s motives.