Argos SEM, LLC - 12 Jan 2024 Form 3 Insider Report for Summit Materials, Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
22 Jan 2024, 21:39:59 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Grupo Argos S.A., By: Rafael Olivella, Title: Vice President

Key filing fact

Argos SEM, LLC filed Form 3 for Summit Materials, Inc. on 22 Jan 2024.

Key facts

  • This page summarizes Argos SEM, LLC's Form 3 filing for Summit Materials, Inc..
  • 0 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Jan 2024, 21:39.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

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

SUM holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,172,416
Date
12 Jan 2024
Ownership
Held by Valle Cement Investments Inc.
Footnotes
F1, F2
SUM holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
48,547,584
Date
12 Jan 2024
Ownership
Direct
Footnotes
F1, F3
SUM holding

Series A Non-Convertible Preferred Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1
Date
12 Jan 2024
Ownership
Held by Cementos Argos S.A.
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

This Form 3 is filed jointly by (i) Grupo Argos S.A., a sociedad anonima incorporated in the Republic of Colombia ("Grupo Argos"), (ii) Cementos Argos S.A., a sociedad anonima incorporated in the Republic of Colombia ("Cementos Argos"), (iii) Argos SEM, LLC, a Delaware limited liability company ("Argos SEM") and (iv) Valle Cement Investments Inc., a sociedad anonima incorporated in the Republic of Panama ("Valle Cement" and collectively with Grupo Argos, Cementos Argos and Argos SEM, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.

Footnote F2

Represents securities of Summit Materials, Inc., a Delaware corporation (the "Issuer"), directly owned by Valle Cement, which is a wholly-owned subsidiary of Cementos Argos S.A., which is a majority-owned subsidiary of Grupo Argos. Grupo Argos, as the controlling shareholder of Cementos Argos, which in turn is the sole shareholder of Valle Cement, has the power to vote and to dispose of the shares of Class A common stock, par value $0.01 per share ("Class A Common Stock"), of the Issuer directly owned by Valle Cement. As a result of this relationship, Grupo Argos may be deemed to be an indirect beneficial owner of the securities that are beneficially owned by Valle Cement. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to beneficially own the shares of Common Stock of the Issuer directly owned by Valle Cement.

Footnote F3

Represents securities of the Issuer, directly owned by Argos SEM, which is a wholly-owned subsidiary of Cementos Argos, which is a majority-owned subsidiary of Grupo Argos. Grupo Argos, as the controlling shareholder of Cementos Argos, which in turn is the sole shareholder of Argos SEM, has the power to vote and to dispose of the shares of Class A Common Stock of the Issuer directly owned by Argos SEM. As a result of this relationship, Grupo Argos may be deemed to be an indirect beneficial owner of the securities that are beneficially owned by Argos SEM. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to beneficially own the shares of Common Stock of the Issuer directly owned by Argos SEM.

Footnote F4

Represents securities of the Issuer, directly owned by Cementos Argos, which is a majority-owned subsidiary of Grupo Argos. Grupo Argos, as the controlling shareholder of Cementos Argos, has the power to vote and to dispose of the share of Series A Non-Convertible Preferred Stock of the Issuer directly owned by Cementos Argos. As a result of this relationship, Grupo Argos may be deemed to be an indirect beneficial owner of the securities that are beneficially owned by Cementos Argos. By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to beneficially own the shares of Series A Non-Convertible Preferred Stock of the Issuer directly owned by Cementos Argos.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .