STOCK TITAN

BlackRock (NYSE: BLK) discloses 5.3% ownership in Delcath Systems (DCTH)

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

BlackRock, Inc. has filed as a significant holder of Delcath Systems common stock. The firm reports beneficial ownership of 1,836,121 shares of common stock, representing 5.3% of the outstanding class.

BlackRock reports sole voting power over 1,807,103 shares and sole dispositive power over 1,836,121 shares, with no shared voting or dispositive power. The filing notes that various underlying clients and funds have rights to dividends or sale proceeds, but no single such person has an interest exceeding five percent of Delcath’s total outstanding common shares.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 1,836,121 shares Common stock of Delcath Systems reported as beneficially owned by BlackRock
Percent of class owned 5.3% Portion of Delcath Systems common stock class beneficially owned by BlackRock
Sole voting power 1,807,103 shares Shares of Delcath Systems over which BlackRock has sole power to vote
Shared voting power 0 shares Shares of Delcath Systems over which BlackRock has shared voting power
Sole dispositive power 1,836,121 shares Shares of Delcath Systems over which BlackRock has sole power to dispose
Shared dispositive power 0 shares Shares of Delcath Systems over which BlackRock has shared dispositive power
beneficially owned financial
"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
"5 | Sole Voting Power 1,807,103.00 6 | Shared Voting Power 0.00"
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
"7 | Sole Dispositive Power 1,836,121.00 8 | Shared Dispositive Power 0.00"
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.
Schedule 13G regulatory
"BlackRock, Inc. has filed this schedule on Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit Information 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.

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FAQ

What stake in DCTH does BlackRock report in this Schedule 13G?

BlackRock reports beneficial ownership of 1,836,121 shares of Delcath Systems common stock, representing 5.3% of the outstanding class. This makes BlackRock a significant institutional shareholder under SEC beneficial ownership rules.

How much voting power over DCTH shares does BlackRock have?

BlackRock reports sole voting power over 1,807,103 shares of Delcath Systems and no shared voting power. This means BlackRock alone can vote or direct the vote for those shares, subject to its fiduciary duties to underlying clients.

What dispositive power does BlackRock report over DCTH stock?

BlackRock reports sole dispositive power over 1,836,121 shares of Delcath Systems and no shared dispositive power. Sole dispositive power indicates authority to decide whether to sell or otherwise dispose of those shares on behalf of its clients.

Are there other beneficiaries behind BlackRock’s DCTH holdings?

Yes. The filing states various persons have rights to dividends or sale proceeds from the Delcath shares held by BlackRock-managed entities. However, no single such person has an interest exceeding five percent of Delcath’s total outstanding common shares.

Who signed the BlackRock Schedule 13G for DCTH and in what capacity?

The Schedule 13G is signed by Spencer Fleming, identified as a Managing Director at BlackRock. A Power of Attorney (Exhibit 24) is included, authorizing execution of the filing on behalf of BlackRock.

What class of DCTH securities is covered by BlackRock’s Schedule 13G?

The filing covers Delcath Systems common stock, identified with CUSIP 24661P807. BlackRock’s reported beneficial ownership, voting power, and dispositive power all relate specifically to this class of common equity securities.





24661P807

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:07/28/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7