June 11, 2024 · Form 4 insider transaction
Glendon Capital Management LP bought 376,456 shares of Pyxus International, Inc. at $2.80 per share, a transaction worth $1.05M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reported securities are beneficially owned directly by Glendon Opportunities Fund, LP ("G1"), which holds 3,527,847 shares, Glendon Opportunities Fund II, LP ("G2"), which holds 3,708,935 shares, and certain other advisory clients of Glendon Capital Management LP ("GCM"), which hold less than 5% of the Issuer's common stock (collectively with G1 and G2, the "Glendon Investor"). GCM is the investment manager of the Glendon Investor, and has voting and dispositive power over the reported securities held directly by the Glendon Investor.