Coliseum Capital Amends Gildan Activewear Stake
Ticker: GIL · Form: SC 13D/A · Filed: Aug 21, 2024 · CIK: 1061894
Sentiment: neutral
Topics: activist-investor, amendment, schedule-13d
Related Tickers: GIL
TL;DR
Coliseum Capital updated their Gildan stake filing. Still watching.
AI Summary
Coliseum Capital Management, LLC, through its affiliates, has amended its Schedule 13D filing regarding Gildan Activewear Inc. The filing, dated August 21, 2024, indicates a change in beneficial ownership. The filing is an amendment to a previous filing, suggesting ongoing activity or changes in holdings by Coliseum Capital.
Why It Matters
This amendment signals continued or evolving interest from Coliseum Capital in Gildan Activewear, potentially impacting the company's stock performance and strategic direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate active engagement by significant shareholders, which can lead to increased volatility or strategic shifts for the company.
Key Players & Entities
- Coliseum Capital Management, LLC (company) — Filing entity
- Gildan Activewear Inc. (company) — Subject company
- Christopher Shackelton (person) — Group member of filing entity
- Adam Gray (person) — Group member of filing entity
- COLISEUM CAPITAL CO-INVEST III, L.P. (company) — Group member of filing entity
- COLISEUM CAPITAL PARTNERS, L.P. (company) — Group member of filing entity
- COLISEUM CAPITAL, LLC (company) — Group member of filing entity
FAQ
What is the specific nature of the amendment in this SC 13D/A filing?
The filing is an amendment (Amendment No. 3) to a previous Schedule 13D, indicating a change in beneficial ownership or other relevant information regarding Gildan Activewear Inc. by Coliseum Capital Management, LLC and its affiliates.
Who are the key individuals associated with this filing?
The key individuals listed as group members of the filing entity are Christopher Shackelton and Adam Gray.
What is the CUSIP number for Gildan Activewear Inc. common shares mentioned in the filing?
The CUSIP number for Gildan Activewear Inc. common shares is 375916103.
What is the business address of the filing entity, Coliseum Capital Management, LLC?
The business address of Coliseum Capital Management, LLC is 105 Rowayton Avenue, Rowayton, CT 06853.
When was this SC 13D/A filing submitted to the SEC?
This SC 13D/A filing was submitted to the SEC on August 21, 2024.
Filing Stats: 2,270 words · 9 min read · ~8 pages · Grade level 5.4 · Accepted 2024-08-21 16:15:56
Key Financial Figures
- $57.90 — 0, 2024 239,364 $ 58.13 $ 58.38-$57.90 Separate Account Sale August 20, 2
- $58.00 — 19, 2024 16,914 $ 58.06 $ 58.13-$58.00 Separate Account Sale August 19, 2
- $57.25 — 13, 2024 19,318 $ 57.35 $ 57.67-$57.25 Separate Account Sale August 13, 2
- $57.05 — 12, 2024 7,173 $ 57.59 $ 57.72-$57.05 CUSIP No. 375916103 Page 9 of 9 S
- $57.04 — 8, 2024 27,930 $ 57.04 $ 57.04-$57.04 Separate Account Sale August 8, 202
- $56.00 — 8, 2024 259,355 $ 56.54 $ 56.92-$56.00 Separate Account Sale August 8, 202
- $55.57 — 7, 2024 95,697 $ 55.79 $ 56.06-$55.57 Separate Account Sale August 7, 202
- $55.72 — 6, 2024 60,533 $ 55.98 $ 56.08-$55.72 Separate Account Sale August 6, 202
- $57.40 — ust 1, 2024 160 $ 57.40 $ 57.40-$57.40 Separate Account Sale August 1, 202
- $56.30 — 31, 2024 23,457 $ 56.52 $ 56.87-$56.30 Separate Account Sale July 31, 2024
- $55.50 — 30, 2024 31,917 $ 55.64 $ 56.00-$55.50 Separate Account Sale July 30, 2024
- $55.25 — 29, 2024 18,912 $ 55.31 $ 55.50-$55.25 Separate Account Sale July 29, 2024
- $55.06 — 26, 2024 99,799 $ 55.31 $ 55.59-$55.06 Separate Account Sale July 26, 2024
- $54.05 — 25, 2024 73,852 $ 54.19 $ 54.37-$54.05 Separate Account Sale July 25, 2024
- $54.25 — 24, 2024 16,435 $ 54.56 $ 54.61-$54.25 Separate Account Sale July 24, 2024
Filing Documents
- d844731dsc13da.htm (SC 13D/A) — 168KB
- 0001193125-24-204418.txt ( ) — 170KB
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: August 21, 2024 COLISEUM CAPITAL MANAGEMENT, LLC COLISEUM CAPITAL, LLC By: /s/ Adam Cina By: /s/ Adam Cina Adam Cina, Attorney-in-fact Adam Cina, 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/ Adam Cina By: /s/ Adam Cina Adam Cina, Attorney-in-fact Adam Cina, Attorney-in-fact CHRISTOPHER SHACKELTON ADAM GRAY By: /s/ Adam Cina By: /s/ Adam Cina Adam Cina, Attorney-in-fact Adam Cina, Attorney-in-fact