GIC Private Ltd sold SARO

March 27, 2025 · Form 4 insider transaction

GIC Private Ltd sold 6,629,834 shares of StandardAero, Inc. at $27.16 per share, a transaction worth $180.07M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
6,629,834
Price
$27.16
Total value
$180.07M
Role10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMarch 27, 2025
Filing dateMarch 28, 2025
Shares owned after40,817,224
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

These securities are owned directly by Hux Investment Pte. Ltd. ("Hux"). Hux shares the power to vote and the power to dispose of these securities with GIC Special Investments Pte. Ltd. ("GIC SI") and GIC Private Limited ("GIC," and with Hux and GIC SI, each a "Reporting Person"), both of which are private limited companies incorporated in Singapore. GIC SI is wholly owned by GIC and is the private equity investment arm of GIC. GIC is wholly owned by the Government of Singapore and was set up with the sole purpose of managing Singapore's foreign reserves. The Government of Singapore disclaims beneficial ownership of these securities.; Each Reporting Person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

View the original Form 4 on SEC EDGAR