SARTINI BLAKE L (Chairman and CEO) exercised options at NEW ROYAL HOLDCO I INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/17/2025ACC: 0001071255-25-000071
DirectorOfficer10% Owner· Chairman and CEO
Since Feb 2026
-223.58K
Net shares
Net seller
$6.32M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
440K acquired · 663.58K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+440K
Price / share
$5.34
Trade value
$2.35M
% of position
New position
6/17/2025
0.00→440K
Common Stock
Direct
Shares
−223.58K
Price / share
$28.25
Trade value
$6.32M
% of position
50.8%
6/17/2025
440K→216.42K
Total
Net shares
+216.42K
Net value
-$3.97M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 6/17/2025 | M · Option Exercise | +440K | $5.34 | $2.35M | New position | 0.00 | 440K |
| Common Stock Direct | 6/17/2025 | F · Tax Withholding | −223.58K | $28.25 | $6.32M | 50.8% | 440K | 216.42K |
| Total | +216.42K | -$3.97M | ||||||
Derivative Transactions1
Stock Option
Direct
Converts to
Common Stock
440K shares
Shares
−440K
Strike price
5.34
Held after
0.00
Exercisable
—
6/17/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Common Stock440K shares | 6/17/2025 | M · Option Exercise | −440K | 5.34 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned5.64M
Total
5.64M indirect5.64M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 5.64M | Indirect |
| Total | 5.64M | 5.64M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported