MFN Partners, LP - 31 Jul 2023 Form 4 Insider Report for Yellow Corp (YELLQ)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Aug 2023, 07:01:01 UTC
Prior SEC filing
28 Jul 2023
Next SEC filing
15 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
MFN PARTNERS, LP, By: /s/ Jonathan Reisman, Name: Jonathan Reisman, Title: Authorized Person

Key filing fact

MFN Partners, LP filed Form 4 for Yellow Corp (YELLQ) on 01 Aug 2023.

Key facts

  • This page summarizes MFN Partners, LP's Form 4 filing for Yellow Corp (YELLQ).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Aug 2023, 07:01.

Change

  • Previous filing in this sequence was filed on 28 Jul 2023.
  • Current net transaction value: +$11,991,649.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

YELL transaction

Common Stock

Purchase

Transaction value
$11,991,649
Shares
+9,295,852
Change %
+73%
Price
$1.29
Shares after
22,067,795
Date
31 Jul 2023
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.83 to $1.49. The Reporting Persons undertake to provide to the Issuer, any shareholder 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 this footnote.

Footnote F2

MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. Farhad Nanji and Michael F. DeMichele are managing members of MFN GP and MFN LLC. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest, if any, therein.

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