BlackRock (ACNT) discloses 161,979 Ascent Industries shares in amended ownership filing
Rhea-AI Filing Summary
BlackRock, Inc. filed an amended ownership report for ASCENT INDUSTRIES CO., stating beneficial ownership of 161,979 shares of common stock as of June 30, 2026. This represents 1.8% of the outstanding common stock, placing BlackRock below the 5% large-holder threshold.
BlackRock reports sole voting and dispositive power over all 161,979 shares, with no shared voting or dispositive power. The filing explains that these securities are held by certain BlackRock business units on behalf of various underlying clients, and that no single other person has an interest exceeding 5% of the company’s outstanding common shares.
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Key Figures
Shares beneficially owned: 161,979 shares
Percent of class owned: 1.8%
Sole voting power: 161,979 shares
+3 more
6 metrics
Shares beneficially owned
161,979 shares
Common stock of ASCENT INDUSTRIES CO. beneficially owned by BlackRock, Inc.
Percent of class owned
1.8%
Percentage of ASCENT INDUSTRIES CO. common stock class held by BlackRock, Inc.
Sole voting power
161,979 shares
Shares over which BlackRock, Inc. has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which BlackRock, Inc. has shared power to vote or direct the vote
Sole dispositive power
161,979 shares
Shares over which BlackRock, Inc. has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which BlackRock, Inc. has shared power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 161,979.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 161,979.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538, this Schedule 13G reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
CUSIP financial
"CUSIP No.: 871565107"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of ASCENT INDUSTRIES CO. (ACNT) does BlackRock hold?
BlackRock reports holding 1.8% of ASCENT INDUSTRIES CO.’s outstanding common stock. This ownership level is disclosed as being 5 percent or less of the class, below the threshold for a 5% large shareholder.
Who has economic interest in BlackRock’s ASCENT INDUSTRIES CO. (ACNT) holdings?
The filing states that various persons have the right to receive dividends or sale proceeds from the ACNT shares held by BlackRock. However, no one person’s interest exceeds five percent of ASCENT INDUSTRIES CO.’s total outstanding common shares.
What type of security does BlackRock hold in ASCENT INDUSTRIES CO. (ACNT)?
BlackRock reports beneficial ownership of common stock of ASCENT INDUSTRIES CO., identified by CUSIP 871565107. The report covers only this class of securities and details its voting and dispositive powers over the shares.
Is BlackRock’s ASCENT INDUSTRIES CO. (ACNT) stake reported on a Schedule 13G/A?
Yes. BlackRock files an Amendment No. 1 to Schedule 13G for ASCENT INDUSTRIES CO., reflecting shares beneficially owned by certain BlackRock business units in accordance with SEC Release No. 34-39538 on ownership aggregation.