Andersen Group Inc.·4

Jul 9, 4:16 PM ET

Durable Capital Partners LP 4

Research Summary

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Andersen Group (ANDG) 10% Owner Durable Capital Sells 336,736 Shares

What Happened
Durable Capital Partners LP (reported as a 10% owner) sold 336,736 shares of Andersen Group Inc. (ANDG) on July 7, 2026 at $40.01 per share, generating proceeds of approximately $13,472,807. The transaction is reported as a sale (code S), listed as an open market or private sale.

Key Details

  • Transaction date and price: 2026-07-07 at $40.01 per share.
  • Shares sold / value: 336,736 shares; proceeds ≈ $13,472,807.
  • Transaction type: Sale (Form 4 code S — open market or private sale).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing date: Form 4 filed 2026-07-09 (filed two days after the transaction date; appears timely).
  • Footnote: Securities are held directly by Durable Capital Master Fund LP. Durable Capital Partners LP is the investment adviser with sole voting and investment power. Durable Capital Partners GP LLC is the GP and Henry Ellenbogen is named as the CIO/managing member. Each entity disclaims beneficial ownership except for any pecuniary interest.

Context
This sale was executed by an institutional investor (a 10% owner via its master fund and adviser structure), not an individual company executive. Institutional sales like this can reflect portfolio management decisions and do not alone indicate the company's outlook.