Elliott Investment Management L.P. - Aug 1, 2025 Form 3 Insider Report for Windstream Parent, Inc. (UNIT)

Role
10%+ Owner
Signature
Elliott Investment Management L.P. /s/ Elliot Greenberg, Vice President
Stock symbol
UNIT
Transactions as of
Aug 1, 2025
Transactions value $
$0
Form type
3
Date filed
8/1/2025, 06:59 PM
Previous filing
Oct 30, 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Elliott Investment Management L.P. 10%+ Owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH Elliott Investment Management L.P. /s/ Elliot Greenberg, Vice President 2025-08-01 0001791786

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UNIT Common Stock, par value $.0001 per share 52.9M Aug 1, 2025 See footnote F1
holding UNIT Series A Preferred Stock 338K Aug 1, 2025 See footnote F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UNIT Warrants to Purchase Common Stock Aug 1, 2025 Common Stock 10.3M $0.01 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 3 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), which serves as the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International", and together with Elliott and their respective subsidiaries, the "Elliott Funds"), with respect to the securities held by the Elliott Funds. Elliott Investment Management GP LLC, a Delaware limited liability company ("EIM GP"), is the sole general partner of EIM. Paul E. Singer is the sole managing member of EIM GP. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any.
F2 Holders of the Series A Preferred Stock are entitled to receive cumulative dividends at the applicable dividend rate on the liquidation preference per share of the Series A Preferred Stock, payable quarterly in cash or compounded by adding to the liquidation preference of Series A Preferred Stock, at the option of the Issuer. The full terms of the Series A Preferred Stock, including certain redemption rights associated therewith, are set forth in the Certificate of Designations for the Series A Preferred Stock, included as Annex A to the Issuer's Amended and Restated Certificate of Incorporation, dated as of August 1, 2025, included as Exhibit 3.1 of the Issuer's Current Report on Form 8-K, filed with the Securities and Exchange Commission on August 1, 2025.
F3 The warrants are exercisable beginning on the third anniversary of the date of issuance, or, if earlier, upon any change of control of the Issuer or the redemption of the corresponding Series A Preferred Stock. Under the terms of the warrants, the Issuer will settle all exercises of the warrants on a cashless basis. The warrants will expire on the tenth anniversary of the initial issuance date thereof.