Sec Form 13G Filing - AMERIPRISE FINANCIAL INC (AMP) filing for NEWPARK RESOURCES INC (NR) - 2023-03-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Amendment #4

Under the Securities and Exchange Act of 1934

 

 

Newpark Resources, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

651718504

(CUSIP Number)

February 28, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

This Schedule is filed pursuant to Rule 13d-1(b)    

The information required in the remainder of this cover page (except any items to which the form provides a cross-reference) shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.

 

 

 


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  Ameriprise Financial, Inc.

 

  S.S. or I.R.S. Identification No. of Above Person

 

  IRS No. 13-3180631

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  9,136,149

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  9,136,149

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,136,149

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  10.19%

12)  

  Type of Reporting Person

& #xA0;

  HC


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  TAM UK International Holdings Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  Threadneedle Holdings Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Org anization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  TAM UK Holdings Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

  

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  Threadneedle Asset Management Holdings Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  TC Financing Ltd

  2)  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)   ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  Threadneedle Asset Management Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

  Threadneedle Investment Services Limited

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  0

   6)  

  Shared Voting Power

 

  6,788,468

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  6,788,468

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  6,788,468

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  7.57%

12)  

  Type of Reporting Person

 

  FI


CUSIP NO. 651718504

 

  1)    

  Name of Reporting Person

 

   CT American Smaller Companies Fund (US), a sub-fund of Threadneedle Investment Funds (UK) ICVC

  2)  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☒*

 

*  This filing describes the reporting person’s relationship with other persons, but the reporting person does not affirm the existence of a group.

  3)  

  SEC Use Only

 

  4)  

  Citizenship or Place of Organization

 

  England and Wales

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5)    

  Sole Voting Power

 

  4,925,753

   6)  

  Shared Voting Power

 

  0

   7)  

  Sole Dispositive Power

 

  0

   8)  

  Shared Dispositive Power

 

  4,925,753

  9)    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,925,753

10)  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11)  

  Percent of Class Represented by Amount In Row (9)

 

  5.49%

12)  

  Type of Reporting Person

 

  IV


1(a)    Name of Issuer:    Newpark Resources, Inc.
1(b)    Address of Issuer’s Principal    9320 Lakeside Boulevard Suite 100
   Executive Offices:    The Woodlands, TX 77381
2(a)    Name of Person Filing:    (a) Ameriprise Financial, Inc. (“AFI”)
      (b) TAM UK International Holdings Limited (“TAMUKI”)
      (c) Threadneedle Holdings Limited (“THL”)
      (d) TAM UK Holdings Limited (“TUHL”)
      (e) Threadneedle Asset Management Holdings Limited (“TAMHL”)
      (f) TC Financing Ltd (“TCFL”)
      (g) Threadneedle Asset Management Limited (“TAML”)
      (h) Threadneedle Investment Services Limited (“TISL”)
      (i) CT American Smaller Companies
      Fund (US), a sub-fund of Threadneedle Investment Funds (UK) ICVC (“Fund”)
      Persons (a) through (h) are sometimes referred to herein as the “Ameriprise Entities”.
2(b)    Address of Principal Business Office:    (a) Ameriprise Financial, Inc.
      145 Ameriprise Financial Center
      Minneapolis, MN 55474
      (b) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (c) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (d) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (e) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (f) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (g) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (h) Cannon Place, 78 Cannon Street, London, EC4N 6AG
      (i) Cannon Place, 78 Cannon Street, London, EC4N 6AG


2(c)    Citizenship:    (a) Delaware
      (b) England and Wales
      (c) England and Wales
      (d) England and Wales
      (e) England and Wales
      (f) England and Wales
      (g) England and Wales
      (h) England and Wales
      (i) England and Wales
2(d)    Title of Class of Securities:    Common Stock
2(e)    Cusip Number:    651718504

 

3

Information if statement is filed pursuant to Rules 13d-1(b) or 13d-2(b):

 

  (a)

Ameriprise Financial, Inc.

A parent holding company in accordance with Rule 13d-1(b)(1)(ii)(G). (Note: See Item 7)

 

  (b)

TAM UK International Holdings Limited

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (c)

Threadneedle Holdings Limited

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (d)

TAM UK Holdings Limited

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (e)

Threadneedle Asset Management Holdings Limited

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (f)

TC Financing Ltd

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (g)

Threadneedle Asset Management Limited

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (h)

Threadneedle Investment Services Limited


A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

  (i)

CT American Smaller Companies Fund (US), a sub-fund of Threadneedle Investment Funds (UK) ICVC

A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J).

 

4

Incorporated by reference to Items (5)-(9) and (11) of the cover page pertaining to each reporting person.

AFI, as the parent company of the other Ameriprise Entities, may be deemed to beneficially own the shares reported herein by those reporting persons. Accordingly, the shares reported herein by AFI include those shares separately reported herein by those reporting persons.

Each of the Ameriprise Entities disclaims beneficial ownership of any shares reported on this Schedule.

 

5

Ownership of 5% or Less of a Class: Not Applicable

 

6

Ownership of more than 5% on Behalf of Another Person:

To the knowledge of the Ameriprise Entities and the Fund, no other persons besides the Ameriprise Entities and the Fund and those persons for whose shares of common stock the Ameriprise Entities report beneficial ownership have the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of the securities of the issuer reported herein.

Any remaining shares reported herein by the Ameriprise Entities are held by various other funds or accounts managed by one or more of the Ameriprise Entities which each have the right to receive any dividends paid by the issuer and could terminate their respective investment advisory relationship with the applicable Ameriprise Entity and then subsequently direct the use of proceeds from the sale of the common stock owned by such fund or account. To the knowledge, of the Ameriprise Entities none of these other funds or accounts own more than 5% of the outstanding shares of the issuer as February 28, 2023, other than the Fund.

 

7

Identification and Classification of the Subsidiaries Which Acquired the Security Being Reported on by the Parent Holding Company:

AFI: See Exhibit I

 

8

Identification and Classification of Members of the Group:

Not Applicable


9

Notice of Dissolution of Group:

Not Applicable

 

10

Certification:

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.


Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: March 10, 2023

 

Ameriprise Financial, Inc.
  By:  

/s/ Michael G. Clarke

  Name: Michael G. Clarke
  Title: Senior Vice President, Head of Global Operations & Investor Services
TAM UK International Holdings Limited
Threadneedle Holdings Limited
TAM UK Holdings Limited
Threadneedle Asset Management Holdings Limited
TC Financing Ltd
Threadneedle Asset Management Limited
Threadneedle Investment Services Limited
By Columbia Management Investment
  Advisers, LLC, as Attorney in Fact
  By:  

/s/ Michael G. Clarke

  Name: Michael G. Clarke
  Title: Senior Vice President, Head of Global Operations & Investor Services
  CT American Smaller Companies
  Fund (US), a sub-fund of ThreadneedleInvestment Funds (UK) ICVC
By Columbia Management Investment
  Advisers, LLC, as Attorney in Fact
By:  

/s/ Michael G. Clarke

Name: Michael G. Clarke
  Title: Senior Vice President, Head of Global Operations & Investor Services
Contact Information
  Mark D. Braley
  Vice President
  Head of Reporting and Data Management | Global Operations and Investor Services
  Telephone: (617) 747-0663


Exhibit Index

 

Exhibit I    Identification and Classification of the Subsidiaries which Acquired the Security Being Reported on by the Parent Holding Company.
Exhibit II    Joint Filing Agreement
Exhibit III    Powers of Attorney