# EDGAR Filing Document

**Accession Number:** 0001654795
**File Stem:** 0001104659-26-037761
**Filing Date:** 2026-3
**Character Count:** 8252
**Document Hash:** 8b21d2f8012341fd33601d7cae8a3738
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-037761.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001104659-26-037761

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260327

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BLIDNER JEFFREY M
- **CENTRAL INDEX KEY:** 0001245162

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37775
- **FILM NUMBER:** 26822132

**MAIL ADDRESS:**
- **STREET 1:** C/O BROOKFIELD PROPERTY REIT INC.
- **STREET 2:** BROOKFIELD PLACE, 250 VESEY STREET, 15TH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brookfield Business Corp
- **CENTRAL INDEX KEY:** 0001654795
- **STANDARD INDUSTRIAL CLASSIFICATION:** CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281
- **BUSINESS PHONE:** (212) 417 7000

**MAIL ADDRESS:**
- **STREET 1:** 225 LIBERTY STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10281

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Brookfield Business Partners L.P.
- **DATE OF NAME CHANGE:** 20151005

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BLIDNER JEFFREY M<br><sub>(Last) (First) (Middle)</sub><br>C/O BROOKFIELD BUSINESS PARTNERS L.P.<br>73 FRONT STREET, FIFTH FLOOR<br><sub>(Street)</sub><br>HAMILTON, BERMUDA HM 12<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-27 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Brookfield Business Corp [ BBU ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Non-Voting Limited Partnership Units | 2026-03-27 |  | D |  | 16442 | D | <sup>(1)</sup> | 0 | D |  |
| Non-Voting Limited Partnership Units | 2026-03-27 |  | D |  | 8340 | D | <sup>(1)</sup> | 0 | I | See Footnote<sup>(2)</sup> |
| Non-Voting Limited Partnership Units | 2026-03-27 |  | D |  | 10407 | D | <sup>(1)</sup> | 0 | I | See Footnote<sup>(3)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Class A Exchangeable Subordinate Voting Shares<sup>(4)</sup> | <sup>(1)</sup> | 2026-03-27 |  | D |  |  | 8221 | <sup>(1)</sup> | <sup>(1)</sup> | Non-Voting Limited Partnership Units | 8221 | <sup>(1)</sup> | 0 | D |  |
| Class A Exchangeable Subordinate Voting Shares<sup>(4)</sup> | <sup>(1)</sup> | 2026-03-27 |  | D |  |  | 4170 | <sup>(1)</sup> | <sup>(1)</sup> | Non-Voting Limited Partnership Units | 4170 | <sup>(1)</sup> | 0 | I | See Footnote<sup>(2)</sup> |
| Class A Exchangeable Subordinate Voting Shares<sup>(4)</sup> | <sup>(1)</sup> | 2026-03-27 |  | D |  |  | 5203 | <sup>(1)</sup> | <sup>(1)</sup> | Non-Voting Limited Partnership Units | 5203 | <sup>(1)</sup> | 0 | I | See Footnote<sup>(3)</sup> |

---

### Footnotes:

(1) On March 27, 2026, pursuant to an arrangement agreement dated as of November 6, 2025, Brookfield Business Partners L.P. ("BBU"), Brookfield Business Holdings Corporation (formerly Brookfield Business Corporation) ("BBHC") and Brookfield Business Corporation (formerly 1559985 B.C. Ltd.) (the "Corporation") completed a court approved plan of arrangement under section 288 of the Business Corporations Act (British Columbia) (the "Arrangement"), pursuant to which, among other things, holders of non-voting limited partnership units of BBU (the "BBU Units") and holders of BBHC's class A exchangeable subordinate voting shares (the "BBHC Exchangeable Shares") received class A subordinated voting shares of the Corporation in exchange for their BBU Units and BBHC Exchangeable Shares on a one-for-one basis. As a result of the Arrangement, BBU and BBHC became subsidiaries of the Corporation. This Form 4 represents BBU Units and BBHC Exchangeable Shares transacted pursuant to the Arrangement.

(2) Held through Blidner Family Foundation.

(3) Held through Jeffrey Blidner Ltd.

(4) Represents BBHC Exchangeable Shares which, prior to the Arrangement, were exchangeable into BBU Units on a one-for-one basis (subject to adjustment to reflect certain capital events) or its cash equivalent (the form of payment to be determined at the election of BBU). Pursuant to the Arrangement, the BBHC Exchangeable Shares were exchanged for class A subordinated voting shares of the Corporation on a one-for-one basis.

**Signature:** /s/ Arin Jonathan Silber, Attorney-in-Fact  
**Date:** 2026-03-31

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**