Bawabeh Amends Centrus Energy Stake Filing
Ticker: LEU · Form: SC 13D/A · Filed: Apr 18, 2024 · CIK: 1065059
| Field | Detail |
|---|---|
| Company | Centrus Energy CORP (LEU) |
| Form Type | SC 13D/A |
| Filed Date | Apr 18, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.10, $3,075,000, $47.50, $41.4717, $41.8900 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, schedule-13d, beneficial-ownership
Related Tickers: LEU
TL;DR
Morris Bawabeh updated his Centrus Energy stake filing - still watching his moves.
AI Summary
Morris Bawabeh, through an amendment filed on April 18, 2024, has updated his Schedule 13D filing for Centrus Energy Corp. The filing indicates a change in his beneficial ownership of the company's Class A Common Stock. No specific new dollar amounts or dates of acquisition/disposition were detailed in this amendment, but it signifies an ongoing disclosure of his stake.
Why It Matters
This filing is an update to a significant shareholder's disclosure, providing insight into potential shifts in control or influence over Centrus Energy Corp.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant shareholder activity, which can lead to volatility or strategic changes within the company.
Key Players & Entities
- Morris Bawabeh (person) — Filing person and beneficial owner
- Centrus Energy Corp. (company) — Subject company
- Breslow & Walker, LLP (company) — Legal counsel for Morris Bawabeh
- Len Breslow, Esq. (person) — Attorney for Morris Bawabeh
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 10?
The filing is an amendment to a Schedule 13D, indicating a change in the reported information regarding beneficial ownership, but the specific details of the change (e.g., exact number of shares or percentage) are not explicitly stated in the provided text excerpt.
When was the previous Schedule 13D filing made by Morris Bawabeh for Centrus Energy Corp?
The provided text does not specify the date of the previous Schedule 13D filing, only that this is Amendment No. 10.
What is the CUSIP number for Centrus Energy Corp.'s Class A Common Stock?
The CUSIP number for Centrus Energy Corp. Class A Common Stock is 15643U104.
Who is authorized to receive notices and communications for this filing?
Morris Bawabeh is authorized to receive notices and communications, with a copy to Len Breslow, Esq. of Breslow & Walker, LLP.
What is the business address of Centrus Energy Corp.?
The business address of Centrus Energy Corp. is 6901 Rockledge Dr, Suite 800, Bethesda, MD 20817.
Filing Stats: 1,417 words · 6 min read · ~5 pages · Grade level 8.2 · Accepted 2024-04-18 13:36:18
Key Financial Figures
- $0.10 — (Name of Issuer) CLASS A COMMON STOCK, $0.10 PAR VALUE (Title of Class of Securitie
- $3,075,000 — making such purchases was approximately $3,075,000. Item 5. Interests in Securities of t
- $47.50 — cted Kulayba LLC 2/12/24 30,000(S) $47.50 Open Market M&D Bawabeh Foundation,
- $41.4717 — h Foundation, Inc. 2/22/24 22,000(B) $41.4717 Open Market M&D Bawabeh Foundation,
- $41.8900 — eh Foundation, Inc. 2/23/24 3,000(B) $41.8900 Open Market M&D Bawabeh Foundation,
- $42.7939 — beh Foundation, Inc. 3/1/24 2,500(S) $42.7939 Open Market M&D Bawabeh Foundation,
- $42.7500 — beh Foundation, Inc. 3/1/24 2,500(S) $42.7500 Open Market M&D Bawabeh Foundation,
- $43.0082 — beh Foundation, Inc. 3/4/24 5,000(S) $43.0082 Open Market M&D Bawabeh Foundation,
- $43.1896 — beh Foundation, Inc. 3/4/24 5,000(S) $43.1896 Open Market M&D Bawabeh Foundation,
- $41.1997 — beh Foundation, Inc. 3/4/24 5,000(B) $41.1997 Open Market M&D Bawabeh Foundation,
- $40.2402 — beh Foundation, Inc. 3/5/24 5,000(B) $40.2402 Open Market M&D Bawabeh Foundation,
- $40.3465 — beh Foundation, Inc. 3/5/24 5,000(B) $40.3465 Open Market M&D Bawabeh Foundation,
- $40.0997 — beh Foundation, Inc. 3/5/24 5,000(B) $40.0997 Open Market M&D Bawabeh Foundation,
- $41.5000 — beh Foundation, Inc. 3/6/24 5,000(S) $41.5000 Open Market M&D Bawabeh Foundation,
- $41.7619 — beh Foundation, Inc. 3/7/24 5,000(S) $41.7619 Open Market M&D Bawabeh Foundation,
Filing Documents
- c108839_sc13da.htm (SC 13D/A) — 90KB
- 0000930413-24-001309.txt ( ) — 92KB
of the Schedule 13D is hereby amended
Item 3 of the Schedule 13D is hereby amended to add the following disclosure: The M&D Bawabeh Foundation used its working capital funds to make its open market purchases of the shares of Common Stock following the filing of Amendment No. 9 to the Schedule D. The aggregate amount of the funds used in making such purchases was approximately $3,075,000. Item 5. Interests in Securities of the Issuer.
(c) of the Schedule 13D is hereby amended
Item 5(c) of the Schedule 13D is hereby amended to add the following disclosures: (c) Transactions within the past 60 days: On March 21, 2024, Kulayba LLC contributed 40,000 shares of Common Stock to the M&D Bawabeh Foundation, Inc. The following additional transactions with respect to the shares of Common Stock took place since January 26, 2024: Reporting Person Date of Transaction Number of Shares Sold(S)/Bought(B) Price Per Share Where/How Effected Kulayba LLC 2/12/24 30,000(S) $47.50 Open Market M&D Bawabeh Foundation, Inc. 2/22/24 22,000(B) $41.4717 Open Market M&D Bawabeh Foundation, Inc. 2/23/24 3,000(B) $41.8900 Open Market M&D Bawabeh Foundation, Inc. 3/1/24 2,500(S) $42.7939 Open Market M&D Bawabeh Foundation, Inc. 3/1/24 2,500(S) $42.7500 Open Market M&D Bawabeh Foundation, Inc. 3/4/24 5,000(S) $43.0082 Open Market M&D Bawabeh Foundation, Inc. 3/4/24 5,000(S) $43.1896 Open Market M&D Bawabeh Foundation, Inc. 3/4/24 5,000(B) $41.1997 Open Market M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.2402 Open Market M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.3465 Open Market M&D Bawabeh Foundation, Inc. 3/5/24 5,000(B) $40.0997 Open Market M&D Bawabeh Foundation, Inc. 3/6/24 5,000(S) $41.5000 Open Market M&D Bawabeh Foundation, Inc. 3/7/24 12,500(S) $41.5000 Open Market M&D Bawabeh Foundation, Inc. 3/7/24 5,000(S) $41.7619 Open Market M&D Bawabeh Foundation, Inc. 3/7/24 5,000(S) $41.7851 Open Market M&D Bawabeh Foundation, Inc. 3/7/24 2,500(S) $41.5050 Open Market M&D Bawabeh Foundation, Inc. 3/13/24 25,000(B) $38.5195 Open Market M&D Bawabeh Foundation, Inc. 3/20/24 10,000(S) $39.5006 Open Market M&D Bawabeh Foundation, Inc. 3/20/24 2,500(S) $39.3688 Open Market M&D Bawabeh Foundation, Inc. 3/25/24 10,000(S) $40.8000 Open Market M&D Bawabeh Foundation, Inc. 3/25/24 2,500(S) $40.5004 Open Market M&D Bawabeh Foundation,