Hadick Robert M sold AVAT
September 14, 2026 · Form 4 insider transaction
Hadick Robert M sold 132,396 shares of Avalanche Treasury Corporation at $0.98 per share, a transaction worth $130.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents shares of Class A common stock sold to the Issuer pursuant to a Stock Repurchase Agreement, dated September 14, 2026, between Astral and the Issuer (the "Stock Repurchase Agreement").; Astral is managed by its general partner, Astral Horizon GP, LLC, which is governed by a board of managers consisting of four natural persons, including Mr. Hadick. The managers of Astral Horizon GP, LLC collectively have the authority to manage and control the affairs of Astral, including voting and investment decisions relating to its portfolio securities. Actions by the managers require approval of a majority of the managers, and no individual manager has authority to act unilaterally on behalf of the entity. Mr. Hadick disclaims beneficial ownership of the securities held by Astral, except to the extent of his pecuniary interest therein, if any.