Glendon Capital Management LP - 11 Jun 2024 Form 4 Insider Report for PYXUS INTERNATIONAL, INC. (PYYX)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: PYYX
Reported as of: 11 Jun 2024
Net transaction value: +$1,054,077
SEC form: 4
Accepted by SEC: 13 Jun 2024, 12:27:07 UTC
Prior SEC filing: 08 Mar 2022
Source filing: View source filing
Reporting owner signature: Glendon Capital Management, L.P.; Haig Maghakian

Key filing fact

Glendon Capital Management LP filed Form 4 for PYXUS INTERNATIONAL, INC. (PYYX) on 13 Jun 2024.

Key facts

This page summarizes Glendon Capital Management LP's Form 4 filing for PYXUS INTERNATIONAL, INC. (PYYX).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 13 Jun 2024, 12:27.

Change

Previous filing in this sequence was filed on 08 Mar 2022.
Current net transaction value: +$1,054,077.

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.

PYYX transaction

Common Stock

Purchase

Transaction value: $1,054,077
Shares: +376,456
Change %: +4.7%
Price: $2.80
Shares after: 8,315,159
Date: 11 Jun 2024
Ownership: See Footnote
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The reported securities are beneficially owned directly by Glendon Opportunities Fund, LP ("G1"), which holds 3,527,847 shares, Glendon Opportunities Fund II, LP ("G2"), which holds 3,708,935 shares, and certain other advisory clients of Glendon Capital Management LP ("GCM"), which hold less than 5% of the Issuer's common stock (collectively with G1 and G2, the "Glendon Investor"). GCM is the investment manager of the Glendon Investor, and has voting and dispositive power over the reported securities held directly by the Glendon Investor.

SEC remarks

Jamie Ashton, a principal of GCM, is a director on the Issuer's board of directors designated by GCM on behalf of the Glendon Investor. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: GCM, G1 and G2.