Albion River Management Amends Ducommun Stake
Ticker: DCO · Form: SC 13D · Filed: Apr 8, 2024 · CIK: 30305
Sentiment: neutral
Topics: amendment, shareholder-activity, ownership-change
Related Tickers: DCO
TL;DR
Albion River Management updated their Ducommun filing. Watch DCO.
AI Summary
Albion River Management LLC, through Darren Farber, has amended its Schedule 13D filing for Ducommun Inc. (ticker: DCO) as of April 1, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or percentage changes are not detailed in this excerpt. Albion River Management LLC is based in Rockville, MD.
Why It Matters
This amendment signals a potential shift in the shareholder landscape of Ducommun Inc., which could influence future corporate strategy or governance.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in significant shareholder positions, which can lead to increased volatility or strategic shifts.
Key Players & Entities
- Albion River Management LLC (company) — Filing entity
- Darren Farber (person) — Authorized contact for Albion River Management LLC
- Ducommun Inc. (company) — Subject company
- 2600 Tower Oaks Boulevard, Suite 280, Rockville, MD 20852 (location) — Address of Albion River Management LLC
- April 1, 2024 (date) — Date of event requiring filing
FAQ
What specific changes in beneficial ownership are reported in this amendment?
This excerpt does not specify the exact changes in beneficial ownership or the new percentage of shares held by Albion River Management LLC.
What is the CUSIP number for Ducommun Inc. common stock?
The CUSIP number for Ducommun Inc. common stock is 264147109.
Who is the authorized person to receive notices for Albion River Management LLC?
Darren Farber is the authorized person to receive notices and communications for Albion River Management LLC.
What is the business address of Ducommun Inc.?
The business address of Ducommun Inc. is 200 Sandpointe Avenue, Suite 700, Santa Ana, CA 92707.
What type of filing is this amendment to?
This is Amendment No. 1 to Schedule 13G, filed as a Schedule 13D.
Filing Stats: 2,541 words · 10 min read · ~8 pages · Grade level 10.5 · Accepted 2024-04-08 06:02:40
Key Financial Figures
- $64,672,762 — g Persons for a total purchase price of $64,672,762.24, including commissions. All of such
Filing Documents
- formsc13d.htm (SC 13D) — 162KB
- ex-1.htm (EX-1) — 34KB
- ex-2.htm (EX-2) — 12KB
- formsc13d_001.jpg (GRAPHIC) — 31KB
- formsc13d_002.jpg (GRAPHIC) — 10KB
- 0001493152-24-013403.txt ( ) — 266KB
Contracts,
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Other than the joint filing agreement filed as Exhibit B to this Schedule 13D, the Reporting Persons have no knowledge of any contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in response to Item 2 or between such persons and any person with respect to any securities of the Issuer. Item 7. Material to be Filed as Exhibits. Exhibit A Letter to the Board of Directors, dated April 1, 2024. Exhibit B Joint Filing Statement, dated April 8, 2024.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: April 8, 2024 Albion River Management LLC By: /s/ Mark Schneiderman Name: Mark Schneiderman Title: Chief Legal Officer Ignium LP By: Ignium GP, LLC, its general partner By: /s/ Mark Schneiderman Name: Mark Schneiderman Title: General Counsel Darren Farber By: /s/ Darren Farber SCHEDULE I The following table lists all transactions completed by the Reporting Persons in the Common Stock since January 25, 2024, which were all completed through open market purchases. Date Price per Share Number of Shares of Common Stock 3/28/24 51.16 2228 3/27/24 50.15 2772 3/25/24 50.18 2500 3/22/24 50.802 10100 3/20/24 50.2111 9313 3/19/24 49.9196 3656 3/18/24 49.7784 16377 3/15/24 50.25 1536 3/14/24 50.3589 8645 3/13/24 50.2518 6422 3/12/24 49.7702 4933 3/11/24 50.1256 10000 3/8/24 49.481 10825 3/7/24 49.8633 5975 3/6/24 48.7763 3200 3/5/24 48.4829 10000 3/4/24 48.5688 6331 3/1/24 48.3791 13669 2/29/24 48.0098 10000 2/28/24 48.5022 10000 2/27/24 48.4822 20000 2/26/24 48.5965 20000 2/23/24 48.9733 10000 2/22/24 48.777 10000 2/21/24 49.098 10000 2/20/24 49.2682 10000 2/14/24 50.3758 2500 2/13/24 49.4999 40005 2/12/24 51.1476 5000 2/9/24 49.8737 605 2/8/24 49.2806 3159 2/7/24 48.959 3351 2/6/24 48.8821 2070 2/5/24 48.9547 579 1/31/24 49.3998 129526 1/30/24 49.7127 10000 1/29/24 50.0038 100670 1/26/24 50.6 20000 1/25/24 50.6011 50768