Corbus Pharmaceuticals (CRBP): Citadel entities and Kenneth Griffin disclose 1.1% stake
Rhea-AI Filing Summary
Citadel-affiliated entities and Kenneth Griffin report their equity position in Corbus Pharmaceuticals Holdings, Inc. The group reports beneficial ownership of 206,354 Shares of common stock, representing 1.1% of the outstanding Shares, based on 18,527,795 Shares outstanding as of May 8, 2026 as cited from Corbus’s Form 10-Q. Certain Citadel entities report 0 Shares and 0.0% ownership. Voting and dispositive authority over the 206,354 Shares is reported as shared among Citadel Securities LLC, Citadel Securities Group LP, Citadel Securities GP LLC, and Mr. Griffin, with no sole voting or dispositive power reported.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 206,354 Shares
Percent of class: 1.1%
Shares outstanding: 18,527,795 Shares
+2 more
5 metrics
Shares beneficially owned
206,354 Shares
Shares of Corbus common stock beneficially owned by Citadel Securities LLC and related reporting persons
Percent of class
1.1%
Portion of Corbus common stock class beneficially owned by Citadel Securities LLC and Kenneth Griffin
Shares outstanding
18,527,795 Shares
Corbus common Shares outstanding as of May 8, 2026, per issuer’s Form 10-Q
Sole voting power
0 Shares
Sole power to vote or direct the vote reported for each of the reporting persons
Shared voting power
206,354 Shares
Shared power to vote or direct the vote for Citadel Securities LLC, related entities, and Kenneth Griffin
Key Terms
beneficially own, shared voting power, dispositive power, Ownership of 5 percent or less of a class, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own 206,354 Shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
dispositive power financial
"Shared Dispositive Power 206,354.00"
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.
Ownership of 5 percent or less of a class financial
"Item 5. | Ownership of 5 Percent or Less of a Class."
attorney-in-fact regulatory
"Seth Levy is signing on behalf of Kenneth Griffin as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What ownership stake in CRBP does Citadel report in this Schedule 13G/A?
The Citadel-affiliated reporting persons disclose beneficial ownership of 206,354 Shares of Corbus Pharmaceuticals Holdings, Inc., representing 1.1% of the company’s outstanding common stock, based on 18,527,795 Shares outstanding as of May 8, 2026.
Which Citadel entities and individuals are reporting ownership in CRBP?
The filing is jointly made by Citadel Advisors LLC, related Citadel entities, and Kenneth Griffin, with the Shares held of record by Citadel Securities LLC. Several advisory and holding entities are included but report 0 Shares beneficially owned.
Do the Citadel entities control more than 5% of Corbus Pharmaceuticals (CRBP)?
No. The filing states the reporting persons’ beneficial ownership is 1.1% of Corbus Pharmaceuticals’ outstanding Shares, and it is specifically characterized as Ownership of 5 percent or less of a class under the relevant item.
Who signed the Corbus (CRBP) ownership filing on behalf of Kenneth Griffin?
The document is signed by Seth Levy as attorney-in-fact for Kenneth Griffin, pursuant to a previously filed power of attorney that is incorporated by reference into this ownership disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.