06/03/2026 | Press release | Distributed by Public on 06/03/2026 18:55
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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STONEHILL MASTER FUND LTD. C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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STONEHILL INSTITUTIONAL PARTNERS LP C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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MOTULSKY JOHN C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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SISITSKY PETER C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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THOYER MICHAEL C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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Stern Michael Lenard C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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Arora Samir C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
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Zwahlen Garrett C/O STONEHILL CAPITAL MANAGEMENT LLC 320 PARK AVENUE, 26TH FLOOR NEW YORK, NY 10022 |
X | X | ||
| /s/ Paul Malek - Stonehill Capital Management LLC, by: Paul Malek, Authorized Signatory | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek - Stonehill Master Fund Ltd., by: Paul Malek, Authorized Signatory | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek - Stonehill Institutional Partners LP, by: Paul Malek, Authorized Signatory | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for John Motulsky | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for Peter Sisitsky | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for Michael Thoyer | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for Michael Lenard Stern | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for Samir Arora | 06/03/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Paul Malek, as Attorney-in-Fact for Garrett Zwahlen | 06/03/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Award of Restricted Stock Units granted under the Veradigm, Inc. Amended and Restated 2024 Stock Incentive Plan on June 1, 2026 (the "Grant Date"). The grant vests 100% on the first anniversary of the Grant Date. |
| (2) | Held directly by Jonathan Sacks. |
| (3) | Stonehill Capital Management LLC ("Management") is the manager of Stonehill Institutional Partners, L.P. (the "Fund") and Stonehill Master Fund Ltd (the "Master Fund"). John Motulsky, Jonathan Sacks, Peter Sisitsky, Michael Thoyer, Michael Stern, Samir Arora and Garrett Zwahlen are the managing members of Management. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interests therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owner of the securities for purposes of Section 16 or for any other purpose. |
| (4) | Held directly by the Master Fund. |
| (5) | Held directly by the Fund. |