AA&D Holdings, LP 4
4 · Applied Aerospace & Defense, Inc. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
AADX 10% Owner Distributes 11,456,787 Shares
What Happened AA&D Holdings, LP — a reported 10% owner of Applied Aerospace & Defense, Inc. (AADX) — reported a disposition on 2026-07-15 of 11,456,787 shares of AADX common stock. The filing shows the shares were distributed pro rata to its limited partners and no consideration was paid (transaction reported at $0.00). The transaction was reported on a Form 4 filed July 17, 2026.
Key Details
- Transaction date and type: 2026-07-15; code J ("other acquisition or disposition") — a pro rata distribution.
- Shares disposed: 11,456,787; reported price/consideration: $0.00 (no cash exchanged).
- Filed: Form 4 posted 2026-07-17 (appears timely — two days after the transaction).
- Shares owned after transaction: not specified in the filing.
- Footnote highlights: (F1) distribution to limited partners (includes certain directors/officers); distributed shares remain subject to IPO underwriter lock-up restrictions. (F2) AA&D Holdings, LP is managed by Greenbriar-related entities; certain managers (including Noah Roy, a company director) are listed but disclaim beneficial ownership except for pecuniary interest.
Context This was a distribution by an institutional limited partnership, not an open-market sale by an individual insider. Because no cash changed hands and the distributed shares remain subject to lock-up restrictions, the move does not imply immediate market selling pressure by the recipients. Retail investors should note this is an organizational transfer from an LP to its partners rather than a typical insider cash sale or purchase.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-07-15−11,456,787→ 126,786,731 total
Footnotes (2)
- [F1]Represents the pro rata distribution of an aggregate of 11,456,787 shares of common stock by AA&D Holdings, LP to its limited partners, including certain directors and officers of the issuer. No consideration was paid in connection with the transaction reported herein. All shares subject to such distribution remain subject to the lock-up restrictions for the benefit of the underwriters implemented in connection with the initial public offering of the issuer.
- [F2]AA&D Holdings, LP is a Delaware limited partnership managed by affiliates of Greenbriar Equity Group, L.P. GB Eagle GP, LLC ("GB Eagle GP") is the general partner of AA&D Holdings, LP. Greenbriar Equity Capital V, L.P. ("Greenbriar Equity Capital") is the sole member of GB Eagle GP. Greenbriar Equity Capital is controlled by its general partner, Greenbriar Holdings V, LLC, which is managed by a board of managers (the "Board of Managers"). Voting and dispositive power of the securities held directly by AA&D Holdings, LP is exercised by majority vote of the Board of Managers, which includes Noah Roy, who also serves as a member of the issuer's board of directors. Each of the foregoing persons disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein.