T. Rowe Price holds 2.3% of Corebridge Financial (CRBD) shares
Rhea-AI Filing Summary
T. Rowe Price Associates, Inc. filed an amended ownership report showing a passive stake in Corebridge Financial Inc. common stock. The firm reports beneficial ownership of 11,993,745 shares, representing 2.3% of the class as of the stated event date.
T. Rowe Price has sole voting power over 11,727,351 shares and sole dispositive power over 11,993,696 shares, with no shared voting or dispositive power. The shares are stated as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control, and T. Rowe Price expressly denies beneficial ownership beyond what is required for this disclosure.
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FAQ
What stake does T. Rowe Price report in Corebridge Financial (CRBD)?
T. Rowe Price Associates, Inc. reports beneficial ownership of 11,993,745 Corebridge Financial common shares, representing 2.3% of the class. This reflects its aggregated holdings as of the stated event date in the Schedule 13G/A filing.
How much voting power does T. Rowe Price have in Corebridge Financial (CRBD)?
T. Rowe Price reports sole voting power over 11,727,351 Corebridge shares and no shared voting power. This means it alone can vote or direct the vote for those shares under the terms described in the filing.
Is T. Rowe Price’s Corebridge (CRBD) position considered passive or activist?
The position is described as held in the ordinary course of business and not for the purpose of changing or influencing control. The certification explicitly states the securities are not held in connection with any control-related transaction.
What does “ownership of 5 percent or less” mean for Corebridge (CRBD)?
The filing notes ownership of 5 percent or less of the class, with the reported stake at 2.3%. This indicates T. Rowe Price’s holdings are below the 5% threshold that often signals larger influence or control potential.