Abigail P. Johnson Reports Sole Dispositive Power Over 6,234.21 EWCZ Shares
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report beneficial ownership of a small stake in European Wax Center Inc Class A common stock. The filing shows 6,234.21 shares associated with each reporting person and lists that amount as representing 0.0% of the class. FMR LLC is recorded with sole voting power over 1,794 shares and sole dispositive power over 6,234.21 shares; Abigail P. Johnson is shown with sole dispositive power over 6,234.21 shares and no voting power.
The statement notes these securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filer indicates ownership is at or below the 5% reporting threshold and that no other identified person holds more than 5% of the class.
Positive
- Full disclosure of beneficial ownership and voting/dispositive powers by FMR LLC and Abigail P. Johnson
- Holdings are reported below the 5% threshold, indicating immaterial ownership relative to the class
- Positions stated as held in the ordinary course and not for the purpose of influencing control
Negative
- None.
Insights
TL;DR: Reported holdings are minimal and disclosed as held in the ordinary course; no control intent stated.
The filing documents a nominal economic interest of 6,234.21 shares in European Wax Center Inc Class A stock, representing 0.0% of the class. Voting and dispositive power details are provided: FMR LLC has sole voting power over 1,794 shares and sole dispositive power over 6,234.21. The statement explicitly asserts the positions were not acquired to influence control and are held in the ordinary course of business. From a market-impact perspective, these holdings are immaterial to capitalization and governance.
TL;DR: Disclosure aligns with routine 13G/A practice; no governance challenge implied.
The document follows Schedule 13G/A disclosure conventions, identifying reporting roles and powers. Abigail P. Johnson is reported with sole dispositive power but no voting power, while FMR LLC reports both dispositive and limited voting power. The filing explicitly disclaims intent to change or influence control, and confirms ownership is at or below the 5% threshold. These attributes indicate a passive reporting posture rather than an active governance stake.