Ava Private Markets S.a r.l. 4
4 · Blaize Holdings, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Blaize (BZAI) 10% Owner Ava Investors SA Distributes 5,145,638 Shares
What Happened Ava Investors S.A., a 10% owner / investment manager for Ava Private Markets, reported an other disposition (code J) on 2026-03-31 in which 5,145,638 shares of Blaize Holdings, Inc. (BZAI) were distributed for no consideration. No sale price was reported (price = N/A). The filing was submitted on 2026-04-02.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
- Transaction type/code: Other disposition (J); shares distributed for no consideration (Footnote F1).
- Shares disposed: 5,145,638; no cash proceeds reported (N/A).
- Reported holdings context: Footnote F2 states 11,737,254 BZAI shares are held by Ava Private Markets S.à r.l. and affiliates; Ava Investors S.A. is the investment manager and exercises investment power. Reporting persons disclaim beneficial ownership except for any pecuniary interest.
- Institutional/10% owner activity — not an individual executive director trade.
Context This was a non-cash distribution (per the footnote), which is different from an open-market sale and does not necessarily reflect a manager’s view of the stock’s near-term prospects. As an institutional 10% holder and manager, the transaction likely reflects fund/ownership reorganization or distributions to investors rather than routine insider selling.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-03-31−5,145,638→ 11,737,254 total(indirect: See footnotes)
Footnotes (2)
- [F1]The securities were distributed for no consideration.
- [F2]Consists of 11,737,254 shares of Common Stock of the Issuer held by Ava Private Markets S.a r.l. ("Ava Private Markets") and affiliates. Ava Investors S.A. is the investment manager of Ava Private Markets and exercises investment power with respect to the securities held by Ava Private Markets. Raphaelle Mahieu and Benjamin Hazan may be deemed to exercise investment power with respect to the securities. Each of the persons above disclaims any beneficial ownership of the securities, except to the extent of any pecuniary interest therein. Excludes securities beneficially owned by Barthelemy Debray. Mr. Debray no longer serves as a director or manager of Ava Investors S.A. or Ava Private Markets S.a r.l., respectively, and has ceased to be a Reporting Person for purposes of this Form 4.