Douglas P. Smith - 16 Apr 2025 Form 4 Insider Report for SolarWinds Corp (SWI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Apr 2025, 17:38:17 UTC
Prior SEC filing
24 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Douglas Smith

Key filing fact

Douglas P. Smith filed Form 4 for SolarWinds Corp (SWI) on 17 Apr 2025.

Key facts

  • This page summarizes Douglas P. Smith's Form 4 filing for SolarWinds Corp (SWI).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Apr 2025, 17:38.

Change

  • Previous filing in this sequence was filed on 24 May 2024.
  • Current net transaction value: -$1,783,474.

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.

SWI transaction

Common Stock

Disposed to Issuer

Transaction value
$1,783,474
Shares
-96,404
Change %
-100%
Price
$18.50
Shares after
0
Date
16 Apr 2025
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Douglas P. Smith is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

On April 16, 2025, pursuant to the Agreement and Plan of Merger dated as of February 7, 2025, by and among Starlight Parent, LLC ("Parent"), Starlight Merger Sub, Inc. ("Merger Subsidiary"), and the Issuer, Merger Subsidiary merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger each issued and outstanding share of the Issuer's Common Stock, par value $0.001 per share, owned by the Reporting Person was cancelled and converted into the right to receive $18.50 per share in cash without interest thereon. Mr. Smith resigned from the board of directors of the Issuer effective upon closing of the Merger.

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