Trive Capital Holdings LLC10% owner
4
Filed Aug 24, 2026Period of report Aug 20, 20260001193125-26-363660
| Transaction | Security | Shares | Price | ValueValue (shares × price) | Held after | Ownership |
|---|---|---|---|---|---|---|
SaleAug 20, 2026 | Common StockF1F3 | 4,137,456 | $17.50 | $72.41M | 33,577,032 | IndirectSee Footnote |
SaleAug 20, 2026 | Common StockF1F4 | 2,721,326 | $17.50 | $47.62M | 22,084,595 | IndirectSee Footnote |
Sale |
Filing footnotes · 5
- F1On August 20, 2026, Trive Capital Fund IV LP, Trive Capital Fund II LP, Trive Capital Fund II (Offshore) LP and Trive Capital Fund IV-A LP (collectively, the "Trive Vehicles") sold an aggregate of 8,333,333 shares of Common Stock at a price of $17.50, before deducting underwriting discounts and commissions, in connection with the Issuer's initial public offering (the "IPO"). Concurrent with the consummation of the IPO, the Trive Vehicles effected a distribution in-kind consisting of all shares of Common Stock held by the Trive Vehicles to their partners for no consideration, certain of which contemporaneously effected a pro rata in-kind distributions to their partners or members for no consideration (the "Trive LP Distribution").
- F2(Continued from footnote 1) If requested by a limited partner (a "Trive LP") in connection with the Trive LP Distribution, an affiliate of the Trive Vehicles may continue to manage the shares for such Trive LP following the Trive LP Distribution (and, as a result, Trive Capital Holdings LLC ("Trive Holdings") may continue to have voting and dispositive power over such shares). As of August 20, 2026, none of Trive Holdings or any of its controlled affiliates have any pecuniary interest in any shares of Common Stock.
- F3Directly held by TCFIV FS SPV LP. Trive Capital Fund IV GP LLC ("Fund IV GP") is the general partner of TCFIV FS SPV LP and has voting control over TCFIV FS SPV LP. Trive Holdings is the sole managing member of Fund IV GP and has voting control over Fund IV GP. Mr. Conner Searcy, as the sole manager of Trive Holdings, has voting control over Trive Holdings. Each of Fund IV GP, Trive Holdings and Mr. Searcy disclaims beneficial ownership of these securities except to the extent of such person's pecuniary interest therein.
- F4Directly held by Trive Capital Fund II LP. Trive Capital Fund II GP LLC ("Fund II GP") is the general partner of Trive Capital Fund II LP and has voting control over Trive Capital Fund II LP. Trive Holdings is the sole managing member of Fund II GP and has voting control over Fund II GP. Mr. Conner Searcy, as the sole manager of Trive Holdings, has voting control over Trive Holdings. Each of Fund II GP, Trive Holdings and Mr. Searcy disclaims beneficial ownership of these securities except to the extent of such person's pecuniary interest therein.
- F5Directly held by TCFII NHT SPV LP. Trive Capital Fund II GP Offshore LLC ("Offshore Fund II GP") is the general partner of TCFII NHT SPV LP. Fund II GP is the sole managing member of Offshore Fund II GP and has voting control over Offshore Fund II GP. Trive Holdings is the sole managing member of Fund II GP and has voting control over Fund II GP. Mr. Conner Searcy, as the sole manager of Trive Holdings, has voting control over Trive Holdings. Each of Offshore Fund II GP, Fund II GP, Trive Holdings and Mr. Searcy disclaims beneficial ownership of these securities except to the extent of such person's pecuniary interest therein.