Form 4 for KPET KPET Ultra Paceline Corp
Accepted 2026-04-02 17:21:58 ET · period of report 2026-04-01 · accession 0001213900-26-039524 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2026-04-02 17:21 | 2026-04-01 | KPET | KPThree Capital LLC | 10% | P - Purchase | — | +235.0K | 235.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Ordinary Shares | 2026-04-01 | P | A | 235,000 | — | 235,000 | I See footnote | — | — | (F1) Simultaneously with the consummation of KPET Ultra Paceline Corporation's (the "Issuer") initial public offering, KPET Ultra Paceline Unit Holdings LLC ("Unit Holdings") acquired, at a price of $10.00 per unit, 235,000 private placement units of the Issuer. Each private placement unit consists of one Class A ordinary share and one-sixth of one warrant. The warrants included in the private placement units will become exercisable, if at all, 30 days after the completion of the Issuer's initial business combination (the "Business Combination"), and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. (F1) Simultaneously with the consummation of KPET Ultra Paceline Corporation's (the "Issuer") initial public offering, KPET Ultra Paceline Unit Holdings LLC ("Unit Holdings") acquired, at a price of $10.00 per unit, 235,000 private placement units of the Issuer. Each private placement unit consists of one Class A ordinary share and one-sixth of one warrant. The warrants included in the private placement units will become exercisable, if at all, 30 days after the completion of the Issuer's initial business combination (the "Business Combination"), and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. (F1) Simultaneously with the consummation of KPET Ultra Paceline Corporation's (the "Issuer") initial public offering, KPET Ultra Paceline Unit Holdings LLC ("Unit Holdings") acquired, at a price of $10.00 per unit, 235,000 private placement units of the Issuer. Each private placement unit consists of one Class A ordinary share and one-sixth of one warrant. The warrants included in the private placement units will become exercisable, if at all, 30 days after the completion of the Issuer's initial business combination (the "Business Combination"), and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. (F1) Simultaneously with the consummation of KPET Ultra Paceline Corporation's (the "Issuer") initial public offering, KPET Ultra Paceline Unit Holdings LLC ("Unit Holdings") acquired, at a price of $10.00 per unit, 235,000 private placement units of the Issuer. Each private placement unit consists of one Class A ordinary share and one-sixth of one warrant. The warrants included in the private placement units will become exercisable, if at all, 30 days after the completion of the Issuer's initial business combination (the "Business Combination"), and will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation. (F2) Unit Holdings is the record holder of the securities reported herein. KPThree Capital LLC is the managing member of Unit Holdings. Karl Peterson is the managing member of KPThree Capital LLC. As such, KPThree Capital LLC and Karl Peterson may be deemed to have or share beneficial ownership of the private placement units held directly by Unit Holdings. Such entity or person disclaims any beneficial ownership of such securities held by Unit Holdings other than to the extent of any pecuniary interest they may have therein, directly or indirectly, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 and other purposes. (F2) Unit Holdings is the record holder of the securities reported herein. KPThree Capital LLC is the managing member of Unit Holdings. Karl Peterson is the managing member of KPThree Capital LLC. As such, KPThree Capital LLC and Karl Peterson may be deemed to have or share beneficial ownership of the private placement units held directly by Unit Holdings. Such entity or person disclaims any beneficial ownership of such securities held by Unit Holdings other than to the extent of any pecuniary interest they may have therein, directly or indirectly, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 and other purposes. |