Hey Saul fans,
As part of my due diligence on Alteryx I’ve been trying to find out how much stock is owned by insiders, specifically by CEO/Founder Dean Stoecker.
I’ve come across a bunch of form 4’s and noticed that he has been selling a lot of his Class A stock recently. In fact, according to this form (http://d18rn0p25nwr6d.cloudfront.net/CIK-0001689923/3e8aa1d7…), he literally has sold all of it as of 3/28/18.
Since he is the Co-Founder and CEO I’m guessing that he still owns a bunch of Class B stock (that carry 10 votes per share) and that his overall position in the company is still quite substantial. However, since Alteryx is still a relatively new public company they haven’t filed a DEF-14a yet where I usually go to find that information.
Does anyone have a source that shows how much he owns and what its worth?
64,673 according to Yahoo
But, there is no A vs B breakdown there.
Here is an article from Nov 2017.
AYX insiders hold a significant stake of 20.89% in the company.
When you can’t find a DEF-14 you can look for a recent registration statement and prospectus
to establish your base.
Then try to find the most recent Form 4 or SC 13G for Mr. S at the SEC site:
Open up the most recent Form 4 for him and next to his name you’ll see a CIK number. If you click
on that number it will give you all his recent filings:
The most recent 13G will give you an updated snapshot from the previous S-1 registration base,
and any Form 4s after the most recent 13G will bring you up to date.
Remember to look for any entities your insider is associated with…for example, Mr. S
is a general partner of DBRA Limited Partnership, which owns shares. You have to sort out
what shares he owns directly and what shares he owns through DBRA.
Very helpful answer Ears. Thanks very much!
And for those interested, CEO Dean Stoecker owned 9.1 million shares as of 12/31/17, the vast majority of which is held through his DBRA limited partnership:
Those asset sales that I mentioned above are a pittance when compared to his remaining position, so the overall inside ownership rate of Alteryx is very high.
CEO Dean Stoecker owned 9.1 million shares as of the end of 2017, the vast majority of which is held through his DBRA limited partnership. Those asset sales that I mentioned above are a pittance when compared to his remaining position, so the overall inside ownership rate of Alteryx is very high.
Thanks Brian, that’s very helpful!
It looks like he was selling off his (DBRA LP) Class A shares, and keeping the Class B shares.