Stonehill Capital Management Llc - May 31, 2025 Form 4 Insider Report for Veradigm Inc. (MDRX)

Role
Director, 10%+ Owner
Signature
/s/ Paul Malek - Stonehill Capital Management LLC, by: Paul Malek, Authorized Signatory
Stock symbol
MDRX
Transactions as of
May 31, 2025
Transactions value $
$0
Form type
4
Date filed
6/3/2025, 09:27 PM
Previous filing
Mar 26, 2025
SEC
View on sec.gov

Reporting Owners (9)

Name Relationship Address Signature Signature date CIK
STONEHILL CAPITAL MANAGEMENT LLC Director, 10%+ Owner 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek - Stonehill Capital Management LLC, by: Paul Malek, Authorized Signatory 2025-06-03 0001266227
STONEHILL MASTER FUND LTD. Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek - Stonehill Master Fund Ltd., by: Paul Malek, Authorized Signatory 2025-06-03 0001454870
STONEHILL INSTITUTIONAL PARTNERS LP Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek - Stonehill Institutional Partners LP, by: Paul Malek, Authorized Signatory 2025-06-03 0001052161
MOTULSKY JOHN Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for John Motulsky 2025-06-03 0001266230
SISITSKY PETER Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for Peter Sisitsky 2025-06-03 0001454846
THOYER MICHAEL Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for Michael Thoyer 2025-06-03 0001582442
Stern Michael Lenard Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for Michael Lenard Stern 2025-06-03 0001600910
Arora Samir Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for Samir Arora 2025-06-03 0002015106
Zwahlen Garrett Director, 10%+ Owner C/O STONEHILL CAPITAL MANAGEMENT LLC, 320 PARK AVENUE, 26TH FLOOR, NEW YORK /s/ Paul Malek, as Attorney-in-Fact for Garrett Zwahlen 2025-06-03 0002014853

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDRX Common Stock, par value $0.01 per share Options Exercise +8.7K 8.7K May 31, 2025 See Footnotes F1, F3, F4
transaction MDRX Common Stock, par value $0.01 per share Award $0 +46.5K +534.87% $0.00 55.2K Jun 1, 2025 See Footnotes F2, F3, F4
holding MDRX Common Stock, par value $0.01 per share 9.61M May 31, 2025 See Footnotes F4, F5
holding MDRX Common Stock, par value $0.01 per share 11.4M May 31, 2025 See Footnotes F4, F6

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
transaction MDRX Restricted Stock Units Options Exercise $0 -8.7K -100% $0.00 0 May 31, 2025 Common Stock 8.7K See Footnotes F1, F3, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Award of Restricted Stock Units granted under the Veradigm, Inc. Amended and Restated 2024 Stock Incentive Plan on June 2, 2025 (the "Grant Date"). The grant vests 100% on the first anniversary of the Grant Date.
F3 Held directly by Jonathan Sacks.
F4 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.
F5 Held directly by the Master Fund.
F6 Held directly by the Fund.
F7 Restricted Stock Units granted under the Veradigm, Inc. 2024 Veradigm Stock Incentive Plan on March 24, 2025. The award vested 100% on May 31, 2025.