Turtle Creek Asset Management Inc. - 06 May 2025 Form 4 Insider Report for JELD-WEN Holding, Inc. (JELD)

Role: 10%+ Owner
Signature: /s/ Meaghan Einav, Chief Compliance Officer
Issuer symbol: JELD
Transactions as of: 06 May 2025
Net transactions value: +$639,030
Form type: 4
Filing time: 08 May 2025, 20:37:28 UTC
Previous filing: 25 Apr 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Turtle Creek Asset Management Inc.	10%+ Owner	SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO, ONTARIO, CANADA	/s/ Meaghan Einav, Chief Compliance Officer	08 May 2025	0001484148

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JELD	Common Stock	Purchase	$509,320	+119,553	+0.91%	$4.26	13,250,853	06 May 2025	By Turtle Creek Equity Fund	F1, F2
transaction	JELD	Common Stock	Purchase	$48,421	+11,366	+0.91%	$4.26	1,259,808	06 May 2025	By Turtle Creek Investment Fund	F1, F2
transaction	JELD	Common Stock	Purchase	$33,400	+7,840	+0.91%	$4.26	868,879	06 May 2025	By Turtle Creek United States Equity Fund	F1, F2
transaction	JELD	Common Stock	Purchase	$32,037	+7,520	+0.91%	$4.26	833,470	06 May 2025	By Turtle Creek Synthetic PE Fund	F1, F2
transaction	JELD	Common Stock	Purchase	$15,852	+3,721	+0.91%	$4.26	412,547	06 May 2025	By Turtle Creek North American Equity Fund	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person serves as investment manager to each of Turtle Creek Equity Fund, Turtle Creek Investment Fund, Turtle Creek United States Equity Fund, Turtle Creek North American Equity Fund and Turtle Creek Synthetic PE Fund. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F2	The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock were purchased in multiple transactions at prices ranging from $4.07 to $4.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2).

Content

The Reporting Person serves as investment manager to each of Turtle Creek Equity Fund, Turtle Creek Investment Fund, Turtle Creek United States Equity Fund, Turtle Creek North American Equity Fund and Turtle Creek Synthetic PE Fund. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock were purchased in multiple transactions at prices ranging from $4.07 to $4.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2).