Key facts
- This page summarizes Stanley Blend's Form 4 filing for System1, Inc. (SST).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 27 Dec 2024, 19:58.
Stanley Blend - 24 Dec 2024 Form 4 Insider Report for System1, Inc. (SST)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- SST
- Reported as of
- 24 Dec 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 27 Dec 2024, 19:58:53 UTC
- Prior SEC filing
- 14 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Daniel Weinrot, Attorney--in-Fact for Stanley Blend
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stanley Blend filed Form 4 for System1, Inc. (SST) on 27 Dec 2024.
Change
- Previous filing in this sequence was filed on 14 Aug 2024.
- 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
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SST
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +2,500,000
- Change %
- Price
- Shares after
- 2,500,000
- Date
- 24 Dec 2024
- Ownership
- Trust (Lone Star Friends Trust)
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SST
transaction
Derivative
Class B Units
Conversion of derivative security
- Transaction value
- Shares
- -2,500,000
- Change %
- -36%
- Price
- Shares after
- 4,475,103
- Date
- 24 Dec 2024
- Ownership
- Trust (Lone Star Friends Trust)
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,500,000
- Exercise price
- 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
Pursuant to the Seventh Amended and Restated Limited Liability Company Operating Agreement of S1 Holdco, the Class B Units are redeemable (in connection with the surrender and forfeiture of the corresponding shares of Class C common stock) on a one-for-one basis for shares of the Company's Class A common stock, or, at the election of the Company, cash equal to the volume weighted average market price of a share of Class A Common Stock at the time of such redemption.