Schedule 13G: Capital Research Discloses 5.3% Position in Albemarle (ALB)
Rhea-AI Filing Summary
Capital Research Global Investors filed a Schedule 13G reporting beneficial ownership of 6,307,813 shares of Albemarle Corporation common stock, representing 5.3% of the 119,818,504 shares believed outstanding as of the reporting event date. The filing notes that reported holdings include 4,721,204 Convertible Preferred Stocks, which the filer states represent 2,157,590 common shares.
The submission identifies CRGI as an investment management division and includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing is signed by Jae Won Chung on 08/05/2025 and lists issuer and filer addresses.
Positive
- Disclosure of material stake: Reports beneficial ownership of 6,307,813 shares (5.3%), a material disclosure for investors.
- Transparency on convertible instruments: States that 4,721,204 Convertible Preferred Stocks represent 2,157,590 common shares included in the total.
- Certification of passive intent: Filers certify holdings are held in the ordinary course and not for control purposes.
Negative
- None.
Insights
TL;DR: Capital Research reports a passive 5.3% stake (6.31M shares) in Albemarle on Schedule 13G.
Capital Research Global Investors discloses ownership of 6,307,813 shares, equal to 5.3% of Albemarle's ~119.8M shares outstanding. The filing explicitly counts 4,721,204 Convertible Preferred Stocks as representing 2,157,590 common shares in its total. This is a standard passive disclosure under a Schedule 13G format and includes the filer's certification that the stake is held in the ordinary course of business and not to influence control. For market impact, the position is material in size but presented as non-control.
TL;DR: Filing confirms passive ownership and an explicit certification that holdings are not intended to change control.
The Schedule 13G includes a formal certification stating the securities "were acquired and are held in the ordinary course of business" and "were not acquired and are not held for the purpose of or with the effect of changing or influencing the control" of Albemarle. The document is signed by a Capital Research officer on 08/05/2025. The disclosure aids transparency for board and governance monitoring but contains no indication of active governance intent.