Please wait



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)


X0202 SCHEDULE 13D/A 0001511001 XXXXXXXX LIVE 4 Shares representing beneficial interests in Compass Diversified Holdings 05/29/2026 false 0001345126 20451Q104 COMPASS DIVERSIFIED HOLDINGS 301 Riverside Avenue Second Floor Westport CT 06880 C. Robert Bruner (214) 651-5231 2801 N. Harwood Street Suite 2300 Dallas TX 75201 0001511001 N ADW Capital Partners, L.P. b WC N DE 0 14500000 0 14500000 14500000 N 19.3 PN The figures in Items 8, 10 and 11 include 10,750,000 Shares representing beneficial interests in Compass Diversified Holdings ("Shares") that may be acquired by the Reporting Persons within 60 days upon the exercise of call options to purchase Shares. The percentage in Item 13 is based upon 75,235,966 Shares outstanding as of May 1, 2026, according to the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed by Compass Diversified Holdings (the "Issuer") with the U.S. Securities and Exchange Commission (the "SEC") on May 6, 2026. 0001745214 N ADW Capital Management, LLC b AF N DE 0 14500000 0 14500000 14500000 N 19.3 HC IA The figures in Items 8, 10 and 11 include 10,750,000 Shares that may be acquired by the Reporting Persons within 60 days upon the exercise of call options to purchase Shares. The percentage in Item 13 is based upon 75,235,966 Shares outstanding as of May 1, 2026, according to the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed by the Issuer with the SEC on May 6, 2026. 0001745215 N Adam D. Wyden b AF N X1 0 14500000 0 14500000 14500000 N 19.3 IN The figures in Items 8, 10 and 11 include 10,750,000 Shares that may be acquired by the Reporting Persons within 60 days upon the exercise of call options to purchase Shares. The percentage in Item 13 is based upon 75,235,966 Shares outstanding as of May 1, 2026, according to the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, filed by the Issuer with the SEC on May 6, 2026. Shares representing beneficial interests in Compass Diversified Holdings COMPASS DIVERSIFIED HOLDINGS 301 Riverside Avenue Second Floor Westport CT 06880 Item 3 is hereby amended and supplemented as follows: "On May 29, 2026, the Reporting Persons expended approximately $3,660,000 to purchase call options referencing an aggregate of 1,000,000 Shares in an open market transaction. The funds used for the purchase of the securities reported in this Schedule 13D were derived from the general working capital of ADW Capital Partners, L.P." Item 5 is hereby amended and restated in its entirety as follows: "The aggregate number and percentage of the class of securities identified pursuant to Item 1 beneficially owned by each Reporting Person is stated in Items 11 and 13 on the cover pages hereto. Number of shares as to which each Reporting Person has (i) sole power to vote or direct the vote: See Item 7 on the cover pages hereto. (ii) shared power to vote or direct the vote See Item 8 on the cover pages hereto. (iii) sole power to dispose or to direct the disposition of: See Item 9 on the cover pages hereto. (iv) shared power to dispose or to direct the disposition of: See Item 10 on the cover pages hereto. The information set forth in Item 6 of this Schedule 13D is incorporated by reference. Other than as reported in Item 6 of this Schedule 13D, none of the Reporting Persons have effected any transaction in the Shares during the past 60 days or since the most recent filing of Schedule 13D, whichever is less. No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares covered by this Schedule 13D. Not applicable." Item 6 is hereby amended and supplemented as follows: "The information set forth in Item 3 of this Schedule 13D is incorporated herein by reference. On May 29, 2026, ADW Capital Partners, L.P. purchased call options referencing an aggregate of 1,000,000 Shares. The call options have an exercise price of $10.00 per share and expire on January 15, 2027. On May 29, 2026, ADW Capital Partners, L.P. sold call options referencing an aggregate of 1,000,000 Shares for approximately $722,245. The call options have an exercise price of $20.00 per share and expire on January 15, 2027." Item 7 is hereby amended and restated as follows: "Exhibit 99.1 Joint Filing Agreement (incorporated herein by reference to Exhibit 99.1 to the Schedule 13D filed by the Reporting Persons with the SEC on February 25, 2026). Exhibit 99.2 Annex A - Recent Transactions by the Reporting Persons (incorporated herein by reference to Exhibit 99.2 to the Schedule 13D filed by the Reporting Persons with the SEC on February 25, 2026). Exhibit 99.3 Letter to the Board of Directors of Compass Diversified Holdings, dated February 24, 2026 (incorporated herein by reference to Exhibit 99.3 to the Schedule 13D filed by the Reporting Persons with the SEC on February 25, 2026)." ADW Capital Partners, L.P. /s/ Adam D. Wyden Sole Manager of ADW Capital Management, LLC, its general partner 06/02/2026 ADW Capital Management, LLC /s/ Adam D. Wyden Sole Manager 06/02/2026 Adam D. Wyden /s/ Adam D. Wyden Adam D. Wyden 06/02/2026