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FMR discloses 7.7% SE (CSTM) stake in amended Schedule 13G

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

FMR LLC has filed an amended Schedule 13G reporting beneficial ownership of 10,569,283 Ordinary Shares of SE, representing 7.7% of the class as of December 31, 2025. FMR LLC holds sole voting power over 10,554,459 shares and sole dispositive power over 10,569,283 shares.

Abigail P. Johnson is reported with sole dispositive power over the same 10,569,283 shares, but no voting power. The filing states 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 SE. One or more other persons may receive dividends or sale proceeds, but no such person holds more than 5% of the outstanding Ordinary Shares.

Positive

  • None.

Negative

  • None.

Insights

FMR LLC reports a 7.7% passive stake in SE, signaling significant institutional ownership without a stated intent to influence control.

FMR LLC discloses beneficial ownership of 10,569,283 Ordinary Shares of SE, equal to 7.7% of the class as of December 31, 2025. It has sole voting power over 10,554,459 shares and sole dispositive power over 10,569,283 shares, indicating centralized control over how this block is voted and disposed.

Abigail P. Johnson is listed with sole dispositive power over the same 10,569,283 shares but no voting power, reflecting her control-person status rather than separate incremental ownership. The certification that the position is held in the ordinary course of business and not to change or influence control frames this as a passive institutional holding under Schedule 13G.

The filing notes that one or more other persons may receive dividends or sale proceeds from SE shares, but none exceeds 5% of the class. Subsequent ownership reports may show whether this 7.7% stake increases, decreases, or remains stable relative to this December 31, 2025 snapshot.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FMR LLC
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:02/04/2026
Abigail P. Johnson
Signature:Stephanie J. Brown
Name/Title:Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:02/04/2026

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

How many SE ordinary shares does FMR LLC beneficially own in this Schedule 13G/A?

FMR LLC reports beneficial ownership of 10,569,283 Ordinary Shares of SE. This block represents a sizable institutional position and gives FMR LLC significant influence over voting and disposition decisions for these shares within the limits described in the filing.

What percentage of SE’s ordinary shares is held by FMR LLC according to this filing for CSTM investors?

FMR LLC states that it beneficially owns 7.7% of SE’s outstanding Ordinary Shares as of December 31, 2025. This percentage reflects its 10,569,283-share position relative to the total class, indicating a substantial but non-controlling institutional stake.

Does the FMR LLC Schedule 13G/A indicate any intent to influence control of SE?

The filing specifies that SE securities held by FMR LLC were acquired and are held in the ordinary course of business. It further states they were not acquired and are not held for the purpose of changing or influencing the control of SE, characterizing the stake as passive.

What voting and dispositive powers over SE shares does FMR LLC report in this document?

FMR LLC reports sole voting power over 10,554,459 SE Ordinary Shares and sole dispositive power over 10,569,283 shares. It reports no shared voting or shared dispositive power, concentrating authority for this position within the FMR complex.

How is Abigail P. Johnson’s interest in SE described in the Schedule 13G/A for CSTM followers?

Abigail P. Johnson is listed with sole dispositive power over 10,569,283 SE Ordinary Shares and no voting power. This mirrors the total beneficial ownership reported, reflecting her role as a control person of FMR LLC rather than a separate additional share position.

Do other parties share in dividends or proceeds from FMR LLC’s SE holdings?

The filing notes that one or more other persons may have rights to receive dividends or sale proceeds from SE shares. However, it clarifies that no single such person’s interest relates to more than 5% of the total outstanding Ordinary Shares.