BLACKSTONE HOLDINGS II L.P. sold 13.6% of their position (29.70M shares) of JERSEY MIKE'S SUBS INC. on the open market
Open‑market sale worth $648.85M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 8/4/2026ACC: 0001193125-26-332966
10% Owner
Since Jul 2026
-36.29M
Net shares
Net seller
$648.85M
Total sold
2
Open market trades
0B · 2S
5
Total transactions
6.59M acquired · 42.88M disposed
Non-Derivative Transactions4
Class A Common Stock
Indirect
Shares
+6.59M
Price / share
—
Trade value
—
% of position
4588.7%
7/31/2026
143.70K→6.74M
Class A Common Stock
Indirect
Shares
−6.59M
Price / share
$21.85
Trade value
$144.08M
% of position
97.9%
7/31/2026
6.74M→143.70K
Class A Common Stock
Indirect
Shares
−23.10M
Price / share
$21.85
Trade value
$504.77M
% of position
10.9%
7/31/2026
212.24M→189.14M
Class B Common Stock
Indirect
Shares
−6.59M
Price / share
—
Trade value
—
% of position
10.9%
7/31/2026
60.44M→53.84M
Total
Net shares
−29.70M
Net value
-$648.85M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 7/31/2026 | C · Conversion | +6.59M | — | — | 4588.7% | 143.70K | 6.74M |
| Class A Common Stock Indirect | 7/31/2026 | S · Sale | −6.59M | $21.85 | $144.08M | 97.9% | 6.74M | 143.70K |
| Class A Common Stock Indirect | 7/31/2026 | S · Sale | −23.10M | $21.85 | $504.77M | 10.9% | 212.24M | 189.14M |
| Class B Common Stock Indirect | 7/31/2026 | J · J | −6.59M | — | — | 10.9% | 60.44M | 53.84M |
| Total | −29.70M | -$648.85M | ||||||
Derivative Transactions1
Common Units of Jersey Mike's HoldCo, LLC
Indirect
Converts to
Class A Common Stock
6.59M shares
Shares
−6.59M
Strike price
Held after
53.84M
Exercisable
—
7/31/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Common Units of Jersey Mike's HoldCo, LLC Indirect | Class A Common Stock6.59M shares | 7/31/2026 | C · Conversion | −6.59M | — | 53.84M |