STARBOARD VALUE LP sold 87.1% of their position (9M shares) of CYXTERA TECHNOLOGIES, INC. on the open market
Open‑market sale worth $571.5K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 6 sales
Filed: 6/8/2023ACC: 0000899243-23-014940
Director10% Owner
Since Jul 2021
-9M
Net shares
Net seller
$571.5K
Total sold
6
Open market trades
0B · 6S
6
Total transactions
9M disposed
Non-Derivative Transactions6
Class A common stock
Indirect
Shares
−5.03M
Price / share
$0.06
Trade value
$319.29K
% of position
31.5%
6/6/2023
15.96M→10.93M
Class A common stock
Indirect
Shares
−890.35K
Price / share
$0.06
Trade value
$56.54K
% of position
31.7%
6/6/2023
2.81M→1.92M
Class A common stock
Indirect
Shares
−1.43M
Price / share
$0.06
Trade value
$90.80K
% of position
31.2%
6/6/2023
4.58M→3.15M
Class A common stock
Indirect
Shares
−529.38K
Price / share
$0.06
Trade value
$33.62K
% of position
31.7%
6/6/2023
1.67M→1.14M
Class A common stock
Indirect
Shares
−406.85K
Price / share
$0.06
Trade value
$25.83K
% of position
31.6%
6/6/2023
1.29M→881K
Class A common stock
Indirect
Shares
−715.24K
Price / share
$0.06
Trade value
$45.42K
% of position
34.9%
6/6/2023
2.05M→1.33M
Total
Net shares
−9M
Net value
-$571.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A common stock Indirect | 6/6/2023 | S · Sale | −5.03M | $0.06 | $319.29K | 31.5% | 15.96M | 10.93M |
| Class A common stock Indirect | 6/6/2023 | S · Sale | −890.35K | $0.06 | $56.54K | 31.7% | 2.81M | 1.92M |
| Class A common stock Indirect | 6/6/2023 | S · Sale | −1.43M | $0.06 | $90.80K | 31.2% | 4.58M | 3.15M |
| Class A common stock Indirect | 6/6/2023 | S · Sale | −529.38K | $0.06 | $33.62K | 31.7% | 1.67M | 1.14M |
| Class A common stock Indirect | 6/6/2023 | S · Sale | −406.85K | $0.06 | $25.83K | 31.6% | 1.29M | 881K |
| Class A common stock Indirect | 6/6/2023 | S · Sale | −715.24K | $0.06 | $45.42K | 34.9% | 2.05M | 1.33M |
| Total | −9M | -$571.50K | ||||||
Derivative Transactions0
No derivative transactions reported