BlackRock (BTSG) discloses 9.9% passive stake in BrightSpring Health
Rhea-AI Filing Summary
BlackRock, Inc. has filed a Schedule 13G reporting a passive ownership stake in BrightSpring Health Services Inc. common stock. BlackRock reports beneficial ownership of 18,127,555 shares, representing 9.9% of the outstanding common stock. It has sole voting power over 17,963,774 shares and sole dispositive power over 18,127,555 shares, with no shared voting or dispositive power.
The filing notes that various underlying clients have rights to dividends or sale proceeds from these shares, but no single client holds more than five percent of BrightSpring’s total outstanding common shares. BlackRock certifies that the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of the company.
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FAQ
What percentage of BrightSpring Health Services (BTSG) does BlackRock now report owning?
BlackRock, Inc. reports beneficial ownership of 9.9% of BrightSpring Health Services Inc.’s common stock, as disclosed in the Schedule 13G.
How many BrightSpring Health Services (BTSG) shares does BlackRock beneficially own?
BlackRock, Inc. reports beneficial ownership of 18,127,555 shares of BrightSpring Health Services Inc. common stock.
Does BlackRock have voting control over its BrightSpring Health Services (BTSG) shares?
BlackRock reports sole voting power over 17,963,774 shares and no shared voting power for BrightSpring Health Services Inc. common stock.
Is BlackRock’s stake in BrightSpring Health Services (BTSG) a passive investment?
Yes. BlackRock certifies 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 BrightSpring Health Services Inc.
Who ultimately benefits from the BrightSpring Health Services (BTSG) shares held by BlackRock?
The filing states that various persons have the right to receive dividends or sale proceeds from the shares, but no single person’s interest exceeds five percent of BrightSpring’s total outstanding common shares.
What type of SEC filing did BlackRock submit for its BrightSpring Health Services (BTSG) position?
BlackRock, Inc. submitted a Schedule 13G, which is used to report a passive ownership position of more than five percent in a public company’s equity securities.