BlackRock (CIA) discloses 3.58M-share beneficial stake in Citizens, Inc.
Rhea-AI Filing Summary
BlackRock, Inc. reports its beneficial ownership of Class A stock of Citizens, Inc. in this amended Schedule 13G. BlackRock reports beneficial ownership of 3,575,866 Class A shares, representing 7.1% of this class.
BlackRock has sole voting power over 3,526,133 shares and sole dispositive power over all 3,575,866 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Citizens’ outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 3,575,866 shares
Percent of class: 7.1%
Sole voting power: 3,526,133 shares
+3 more
6 metrics
Beneficial ownership
3,575,866 shares
Class A stock beneficially owned by BlackRock, Inc.
Percent of class
7.1%
Percentage of Citizens, Inc. Class A stock held by BlackRock, Inc.
Sole voting power
3,526,133 shares
Shares for which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares for which BlackRock has shared power to vote
Sole dispositive power
3,575,866 shares
Shares for which BlackRock can solely direct disposition
Shared dispositive power
0 shares
Shares for which dispositive power is shared
Key Terms
beneficially owned, sole voting power, sole dispositive power, dispositive power, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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 3,526,133.00"
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 3,575,866.00"
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.
dispositive power financial
"power to dispose or to direct the disposition of"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How much of Citizens, Inc. (CIA) stock does BlackRock currently beneficially own?
BlackRock beneficially owns 3,575,866 shares of Citizens, Inc. Class A stock, representing 7.1% of the outstanding class. This reflects shares held by certain BlackRock business units and their subsidiaries and affiliates.
What dispositive power does BlackRock have over its Citizens, Inc. (CIA) holdings?
BlackRock has sole dispositive power over 3,575,866 Citizens, Inc. shares and no shared dispositive power. Sole dispositive power means BlackRock alone can decide to sell or otherwise dispose of these shares.
Do any BlackRock clients individually own more than 5% of Citizens, Inc. (CIA)?
No single underlying client has an interest in more than 5% of Citizens, Inc. common stock. Various persons may receive dividends or sale proceeds, but each holds less than five percent of the total outstanding common shares.
What type of filing is this for Citizens, Inc. (CIA) and BlackRock?
This is an amended Schedule 13G reporting BlackRock’s beneficial ownership in Citizens, Inc. Class A stock. It updates the number of shares owned, voting power, and dispositive power as of the reported date.