Carlson Capital Amends Glatfelter Stake Filing

Ticker: MAGN · Form: SC 13D/A · Filed: Sep 30, 2024 · CIK: 41719

Sentiment: neutral

Topics: activist-investor, sec-filing, ownership-change

Related Tickers: GFT

TL;DR

Carlson Capital updated their 13D on Glatfelter. Watch this space.

AI Summary

Carlson Capital, L.P. has amended its Schedule 13D filing regarding Glatfelter Corporation, indicating a change in their beneficial ownership as of September 30, 2024. The filing details their holdings and intentions concerning the company's securities.

Why It Matters

This amendment signals potential shifts in major shareholder activity and could influence Glatfelter's stock performance and strategic decisions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant shareholder activity, which can lead to increased volatility and strategic changes for the company.

Key Players & Entities

FAQ

What is the primary purpose of this SC 13D/A filing?

This filing is an amendment to a previous Schedule 13D, indicating a change in the beneficial ownership of Glatfelter Corporation's securities by Carlson Capital, L.P. and its group members.

Who are the key entities involved in this filing?

The filing involves Carlson Capital, L.P. as the filer and Glatfelter Corporation as the subject company. Group members include ASGARD INVESTMENT CORP. II, BLACK DIAMOND OFFSHORE LTD., CLINT D. CARLSON, and DOUBLE BLACK DIAMOND OFFSHORE LTD.

What is the CUSIP number for Glatfelter Corporation's common stock?

The CUSIP number for Glatfelter Corporation's Common Stock, $0.01 par value per share, is 377316104.

When was the last reported date of change for this filing?

The date as of the change for this filing was September 30, 2024.

What is the business address of Glatfelter Corporation?

The business address of Glatfelter Corporation is 4350 Congress Street, Suite 600, Charlotte, NC 28209.

Filing Stats: 1,752 words · 7 min read · ~6 pages · Grade level 6.3 · Accepted 2024-09-30 16:06:50

Key Financial Figures

Filing Documents

From the Filing

SC 13D/A 1 d898233dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)* Glatfelter Corporation (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) 377316104 (CUSIP Number) Carlson Capital, L.P. Attn: Rahim Ibrahim 2100 McKinney Avenue, Suite 1900 Dallas TX 75201 (214) 932-9600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 26, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 377316104 SCHEDULE 13D 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Carlson Capital, L.P. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) AF 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 3,983,288 9. Sole Dispositive Power 0 10. Shared Dispositive Power 3,983,288 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,983,288 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 8.8% 14. Type of Reporting Person (See Instructions) PN, IA CUSIP No. 377316104 SCHEDULE 13D 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Double Black Diamond Offshore Ltd. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 3,883,288 9. Sole Dispositive Power 0 10. Shared Dispositive Power 3,883,288 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,883,288 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 8.6% 14. Type of Reporting Person (See Instructions) CO CUSIP No. 377316104 SCHEDULE 13D 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Black Diamond Offshore Ltd. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) WC 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Cayman Islands Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 100,000 9. Sole Dispositive Power 0 10. Shared Dispositive Power 100,000 11. Aggregate Amount Beneficially Owned by Each Reporting Person 100,000 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) 13. Percent of Class Represented by Amount in Row (11) 0.2% 14. Type of Reporting Person (See Instructions) CO CUSIP No. 377316104 SCHEDULE 13D 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Asgard Investment Corp. II 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Source of Funds (See Instructions) AF 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 3,983,288 9. Sole Dispositive Power 0 10. Shared Dispos

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