AllianceBernstein (FGFH) reports 9.4% ownership stake in Foresight Financial Group
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
AllianceBernstein L.P. reported beneficial ownership of 338,640 shares of Foresight Financial Group Inc common stock, representing 9.4% of the outstanding class as of the event date. AllianceBernstein has sole voting and sole dispositive power over these shares.
The shares were acquired solely for investment purposes in client discretionary advisory accounts, in the ordinary course of business. AllianceBernstein states they were not acquired to change or influence control of Foresight Financial Group, and are not part of any control-related transaction or group arrangement.
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FAQ
What percentage of FGFH does AllianceBernstein L.P. own according to this Schedule 13G?
AllianceBernstein L.P. reports beneficial ownership of 9.4% of Foresight Financial Group Inc’s common stock. This represents 338,640 shares, giving AllianceBernstein a significant institutional stake while still below typical change-of-control thresholds for most public companies.
Is AllianceBernstein seeking control of Foresight Financial Group Inc (FGFH)?
AllianceBernstein states the FGFH shares were acquired and are held in the ordinary course of business, not to change or influence control. The filing explicitly notes the investment is not part of any control transaction, aside from limited proxy nomination activities referenced by regulation.
In what capacity does AllianceBernstein L.P. hold its FGFH position?
AllianceBernstein L.P. holds the 338,640 FGFH shares solely for investment purposes on behalf of client discretionary investment advisory accounts. As an investment adviser, it exercises sole voting and dispositive power while clients retain economic exposure to the underlying Foresight Financial Group shares.
What is the relationship between AllianceBernstein L.P. and Equitable Holdings regarding this FGFH stake?
AllianceBernstein L.P. is a majority-owned subsidiary of Equitable Holdings, Inc. However, AllianceBernstein states it operates under independent management and makes independent decisions from Equitable Holdings, which calculates and reports its own beneficial ownership separately under SEC guidance.
What is the event date for AllianceBernstein’s reported FGFH holdings?
The Schedule 13G lists an event date of December 31, 2025 for AllianceBernstein’s Foresight Financial Group holdings. This date marks the ownership status used for the reported 338,640 shares and 9.4% beneficial ownership of the company’s common stock.