Filing Details

Accession Number:
0001628280-23-042671
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-26 17:55:55
Reporting Period:
2023-12-13
Accepted Time:
2023-12-26 17:55:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1645070 Sterling Check Corp. STER () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1359316 M Adrian Jones Sterling Check Corp.
6150 Oak Tree Boulevard, Suite 490
Independence OH 44131
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-12-13 157 $13.58 49,808,484 No 4 S Indirect See Footnotes
Common Stock Acquisiton 2023-12-22 157 $13.44 49,808,542 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. The reported activity represents use of a Goldman Sachs firm error account to make whole a client who, due to issues in the Nasdaq exchange's FIX / RASH order handling system, failed to receive STER shares that the client purchased on the exchange on December 13, 2023. Without conceding this trading activity can result in liability under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.
  2. The reporting person is a managing director of Goldman Sachs & Co. LLC ("Goldman Sachs"). Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
  3. As of September 13, 2023, Checkers holds 32,928,405 shares of Common Stock, BSPI holds 16,878,275 shares of Common Stock and BSCA holds 1,064 shares of Common Stock. In addition, as of June 30, 2023, GS Group and Goldman Sachs are deemed to beneficially own all of the abovementioned shares of Common Stock and are deemed to beneficially own an additional 740 shares of Common Stock.