REH Co Amends HF Sinclair Stake, Maintains Significant Ownership
Ticker: DINO · Form: SC 13D/A · Filed: Feb 28, 2024 · CIK: 1915657
Sentiment: neutral
Topics: insider-ownership, amendment, shareholder-update
Related Tickers: DINO
TL;DR
**REH Co just updated its HF Sinclair ownership, signaling continued major shareholder involvement.**
AI Summary
REH Co, a Wyoming corporation, filed an SC 13D/A Amendment No. 19 on February 28, 2024, regarding its ownership in HF Sinclair Corporation (CUSIP 403949100). The filing updates previous disclosures, indicating continued significant ownership by REH Co, which is associated with the Sinclair Companies and has a business address at 550 East South Temple, Salt Lake City, UT 84102.
Why It Matters
This filing indicates a major shareholder, REH Co, is updating its disclosure regarding its stake in HF Sinclair, which could signal ongoing strategic interest or potential future actions related to the company.
Risk Assessment
Risk Level: low — This is an amendment to a Schedule 13D, indicating a change in previously reported information, but without specific details of a major transaction, it suggests routine compliance.
Key Players & Entities
- REH Co (company) — Filing entity and major shareholder of HF Sinclair Corp
- HF Sinclair Corporation (company) — Subject company of the filing
- Sinclair Companies (company) — Former name of REH Co
- David P. Oelman (person) — Legal counsel for REH Co
- Michael S. Telle (person) — Legal counsel for REH Co
- Vinson & Elkins LLP (company) — Law firm representing REH Co
- February 28, 2024 (date) — Date of filing
- Amendment No. 19 (number) — Specific amendment number to the Schedule 13D
FAQ
Who filed this SC 13D/A amendment?
REH Co, a Wyoming corporation, filed this SC 13D/A Amendment No. 19.
What is the subject company of this filing?
The subject company is HF Sinclair Corporation, with CUSIP Number 403949100.
When was this amendment filed?
This amendment was filed on February 28, 2024.
What was REH Co's former company name?
REH Co's former company name was Sinclair Companies, which changed on March 7, 2022.
Who are the legal counsels for REH Co mentioned in the filing?
David P. Oelman and Michael S. Telle from Vinson & Elkins LLP are mentioned as legal counsels for REH Co.
Filing Stats: 1,676 words · 7 min read · ~6 pages · Grade level 11.2 · Accepted 2024-02-28 16:21:00
Key Financial Figures
- $0.01 — relating to the common stock, par value $0.01 per share ( Common Stock ) of HF Sincla
- $57.34 — 0 shares of Common Stock, at a price of $57.34 per share, for the aggregate price of a
- $229.4 m — or the aggregate price of approximately $229.4 million, to a registered broker in an unr
- $55.02 — sed 454,380 shares of 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;
- $56.50 — ed 1,061,946 shares of 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.
Filing Documents
- d803601dsc13da.htm (SC 13D/A) — 54KB
- 0001193125-24-050735.txt ( ) — 56KB
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 28, 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