REH Co. Amends HF Sinclair 13D, Updates Beneficial Ownership
Ticker: DINO · Form: SC 13D/A · Filed: Feb 12, 2024 · CIK: 1915657
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, shareholder-update
TL;DR
**REH Co. just updated its HF Sinclair ownership, watch for details on their stake.**
AI Summary
REH Company, a significant shareholder in HF Sinclair Corp, filed an Amendment No. 18 to its Schedule 13D on February 8, 2024. This filing updates their beneficial ownership of HF Sinclair's Common Stock. While the filing itself doesn't detail specific transactions, it indicates a change in their reported holdings, which is crucial for investors as REH Company is a major insider and its actions can signal confidence or concern about the company's future. This matters to shareholders because large insider ownership changes can influence stock price and reflect strategic shifts.
Why It Matters
This filing updates the reported beneficial ownership of HF Sinclair by a major insider, REH Company, which can signal changes in their investment strategy or outlook for the company.
Risk Assessment
Risk Level: low — This filing is an amendment to a routine disclosure and does not inherently indicate a high-risk event, but rather an update to existing information.
Analyst Insight
An investor should review the full Schedule 13D/A filing, particularly the cover page and Item 5, to understand the specific changes in REH Company's beneficial ownership of HF Sinclair shares, as this could indicate a shift in a major insider's position.
Key Players & Entities
- REH Company (company) — the filing person and a significant shareholder of HF Sinclair Corp
- HF Sinclair Corp (company) — the subject company whose securities are being reported
- February 8, 2024 (date) — the date of the event requiring this filing
- Amendment No. 18 (number) — the specific amendment number to the Schedule 13D
FAQ
What is the purpose of this specific SC 13D/A filing?
This is Amendment No. 18 to a Schedule 13D filing, indicating an update to the beneficial ownership information of HF Sinclair Corporation's Common Stock by REH Company, as required by the Securities Exchange Act of 1934.
Who is the 'filing person' in this document?
The filing person is REH Company, with a business address at 550 East South Temple, Salt Lake City, UT 84102.
What is the 'subject company' of this filing?
The subject company is HF Sinclair Corporation, with a business address at 2828 N. Harwood Street, Suite 1300, Dallas, TX 75201.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of HF Sinclair Corporation is 403949100.
When was the 'Date of Event which Requires Filing of this Statement'?
The date of the event which requires the filing of this statement was February 8, 2024.
Filing Stats: 1,862 words · 7 min read · ~6 pages · Grade level 11.5 · Accepted 2024-02-12 16:06:31
Key Financial Figures
- $0.01 — relating to the common stock, par value $0.01 per share ( Common Stock ) of HF Sincla
- $56.50 — shares of the Issuers Common Stock, for $56.50 per share for the aggregate purchase pr
- $59,999,949 — are for the aggregate purchase price of $59,999,949 in a privately negotiated transaction (
- $55.90 — shares of the Issuers Common Stock for $55.90 per share for the aggregate purchase pr
- $49,999,979 — are for the aggregate purchase price of $49,999,979 in a privately negotiated transaction;
- $55.02 — shares of the Issuers Common Stock, for $55.02 per share for the aggregate purchase pr
- $24,999,988 — are for the aggregate purchase price of $24,999,988 in a privately negotiated transaction.
Filing Documents
- d639829dsc13da.htm (SC 13D/A) — 56KB
- 0001193125-24-032027.txt ( ) — 58KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. February 12, 2024 REH COMPANY By: /s/ Ross B. Matthews Name: Ross B. Matthews Title: Chief Operating Officer /s/ Carol Orme Holding Name: Carol Orme Holding 6