AllianceBernstein reports 9.5% Franklin Covey (FC) ownership stake
Rhea-AI Filing Summary
AllianceBernstein L.P. has filed an amended Schedule 13G reporting beneficial ownership of 1,143,853 shares of Franklin Covey Co common stock, representing 9.5% of the class as of 12/31/2025. These shares are held in discretionary investment advisory accounts for clients.
AllianceBernstein has sole voting power over 1,088,347 shares and sole dispositive power over 1,143,853 shares, with no shared voting or dispositive power. The filing states the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of Franklin Covey.
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FAQ
What percentage of Franklin Covey (FC) does AllianceBernstein own?
AllianceBernstein L.P. reports beneficial ownership of 9.5% of Franklin Covey Co’s common stock. This represents 1,143,853 shares held for client discretionary investment advisory accounts as of December 31, 2025, according to the amended Schedule 13G filing.
Why did AllianceBernstein acquire its Franklin Covey (FC) position?
The filing states AllianceBernstein acquired and holds its 1,143,853 Franklin Covey shares in the ordinary course of business. The position is held for client discretionary investment advisory accounts, not for changing or influencing control of Franklin Covey Co.
Is AllianceBernstein’s Franklin Covey (FC) stake intended to influence control?
No. AllianceBernstein certifies the Franklin Covey shares were acquired and are held not for the purpose of changing or influencing control. The holding is described as being in the ordinary course of business for client investment advisory accounts.
Who is the reporting person in this Franklin Covey (FC) Schedule 13G/A?
The reporting person is AllianceBernstein L.P., a Delaware limited partnership and majority-owned subsidiary of Equitable Holdings, Inc. The firm operates under independent management and reports its beneficial ownership of Franklin Covey shares separately from its parent.