L6 Holdings Inc. bought CPSI

March 18, 2024 · Form 4 insider transaction

L6 Holdings Inc. bought 60,044 shares of Computer Programs and Systems, Inc. at $9.91 per share, a transaction worth $595.0K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
60,044
Price
$9.91
Total value
$595.0K
Role
SecurityCommon Stock
Transaction codeP: Open-market purchase
Transaction dateMarch 18, 2024
Filing dateMarch 19, 2024
Shares owned after1,401,200
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.790 to $9.990, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.; This Form 4 is filed jointly by: (i) L6 Holdings Inc., a corporation organized under the laws of Ontario, Canada ("L6") and (ii) Pinetree Capital Ltd., a corporation organized under the laws of Ontario, Canada ("PCL"). Each of the foregoing is referred to as a "Reporting Person" and collectively, as the "Reporting Persons."; Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities.; Securities held by L6. Damien Leonard ("Mr. Leonard") is a Managing Director of L6.

View the original Form 4 on SEC EDGAR