Jeb Spencer reports stock transactions at PORT.U
By AlphaYouPublished Form 4
SPENCER JEB S.; SOUTHPORT SPONSOR MANAGEMENT II, LLC
Reporting filer
Jeb Spencer reports stock transactions, not an open-market purchase or sale, in Southport Acquisition Corp. II. Form 4 filed Oct 22, 2026 lists 1 entry.
- Disclosed
- Oct 22, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares (derivative) | SPENCER JEB S.; SOUTHPORT SPONSOR MANAGEMENT II, LLC | 2026-10-19 | J | Other (see filing) | 666667 | Not stated (see footnotes) | 7,000,000 | 3 days | Filed terms
|
Class B Ordinary Shares (derivative)
- Owner
- SPENCER JEB S.; SOUTHPORT SPONSOR MANAGEMENT II, LLC
- Date
- 2026-10-19
- Code
- J
- Action
- Other (see filing)
- Quantity
- 666667
- Price
- Not stated (see footnotes)
- Following holdings
- 7,000,000
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Class B Ordinary Shares
- id: F1
- transaction Date: 2026-10-19
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: J
- equity Swap Involved: 0
- id: F2
- transaction Timeliness:
- transaction Shares: 666667
- id: F2
- id: F2
- transaction Acquired Disposed Code: D
- id: F1
- id: F1
- underlying Security Title: Class A Ordinary Shares
- underlying Security Shares: 666667
- shares Owned Following Transaction: 7000000
- direct Or Indirect Ownership: I
- id: F3
- nature Of Ownership: See Footnotes
- id: F3
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- SPENCER JEB S.: CEO and CFO, Director, 10% owner.
- SOUTHPORT SPONSOR MANAGEMENT II, LLC: 10% owner.
- F1: As described in the Registration Statement on Form S-1 (File No. 333-298104) of Southport Acquisition Corp. II (the "Issuer") under the heading "Description of Securities--Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
- F2: As contemplated in connection with the initial public offering of the Issuer, as a result of the underwriters' decision to forfeit their right to exercise the remaining portion of the over-allotment option, 666,667 Class B Ordinary Shares were surrendered by Southport Acquisition Sponsor II LLC (the "Sponsor") to the Issuer for no consideration.
- F3: Represents shares held by the Sponsor. Southport Sponsor Management II, LLC is the managing member of the Sponsor and controls the management of the Sponsor, including the exercise of voting and investment discretion over the securities held by the Sponsor. The managing member of Southport Sponsor Management II, LLC is Jeb Spencer, the issuer's Chairman, Chief Executive Officer and Chief Financial Officer. Southport Sponsor Management II, LLC and Jeb Spencer each disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Original sources
Prepared automatically from public filing data. Report a correction.