Coliseum Capital Amends Gildan Activewear 13D Filing

TL;DR

Coliseum Capital updated their Gildan stake filing - watch for more moves.

AI Summary

Coliseum Capital Management, LLC, through its affiliates Coliseum Capital Partners, L.P. and Coliseum Capital Co-Invest III, L.P., has filed an amendment (Amendment No. 1) to its Schedule 13D on April 23, 2024, regarding its holdings in Gildan Activewear Inc. The filing indicates a change in the group members and potentially their beneficial ownership, though specific new dollar amounts or percentage changes are not detailed in this excerpt. The filing is an update to their previous disclosures concerning the issuer.

Why It Matters

This amendment signals ongoing activity and potential strategic shifts by Coliseum Capital concerning their investment in Gildan Activewear, which could influence the company's stock performance and corporate governance.

Risk Assessment

Risk Level: medium — Changes in Schedule 13D filings often indicate activist investor activity or significant shifts in major holdings, which can lead to increased volatility.

Key Players & Entities

• Coliseum Capital Management, LLC (company) — Filing entity
• Coliseum Capital Partners, L.P. (company) — Group member
• Coliseum Capital Co-Invest III, L.P. (company) — Group member
• Gildan Activewear Inc. (company) — Subject company
• Christopher Shackelton (person) — Group member
• Adam Gray (person) — Group member

FAQ

Filing Documents

• d820709dsc13da.htm (SC 13D/A) — 100KB
• 0001193125-24-107044.txt ( ) — 102KB

of the

Item 4 of the Original Schedule 13D is hereby supplemented as follows: On April 22, 2024, Mr. Shackelton informed the Board of Directors of the Issuer that he will not stand for re-election at the Issuers 2024 annual meeting and will retire from the Board of Directors of the Issuer after such annual meeting. Item5. Interest in Securities of the Issuer. Item 5(a)-(c) of the Original Schedule 13D is hereby amended and restated as follows: (a) (b) The information relating to the beneficial ownership of the Common Shares by each of the Reporting Persons set forth in Rows 7 through 13 of the cover pages hereto is incorporated by reference herein. The percentages set forth in Row 13 for all cover pages filed herewith are calculated based upon 168,661,402 Common Shares outstanding as of February 19, 2024, as reported in the Issuers Annual Report on Form 40-F filed with the Securities and Exchange Commission on February 21, 2024. (c) There have been no trades in Common Shares effected by the Reporting Persons in the sixty days preceding the filing of this Amendment No. 1.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: April 23, 2024 COLISEUM CAPITAL MANAGEMENT, LLC COLISEUM CAPITAL, LLC By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact COLISEUM CAPITAL PARTNERS, L.P. COLISEUM CAPITAL CO-INVEST III, L.P. By: Coliseum Capital, LLC, General Partner By: Coliseum Capital, LLC, General Partner By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact CHRISTOPHER SHACKELTON ADAM GRAY By: /s/ Chivonne Cassar By: /s/ Chivonne Cassar Chivonne Cassar, Attorney-in-fact Chivonne Cassar, Attorney-in-fact

View Full Filing

View this SC 13D/A filing on SEC EDGAR