First Seacoast Bancorp (FSEA): Spence Limited exits as beneficial owner
Rhea-AI Filing Summary
First Seacoast Bancorp, Inc. received an amended Schedule 13G/A from Spence Limited reporting that it no longer holds any of the company’s common stock. Spence Limited lists 0 shares beneficially owned, representing 0% of the class, with no sole or shared voting or dispositive power.
The filing characterizes Spence Limited’s position as ownership of 5 percent or less of the common stock class, confirming that it is no longer a significant beneficial owner. The amendment is signed by Hope Lundt as Investment Advisor.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 0 shares
Percent of class owned: 0%
Sole voting power: 0
+1 more
4 metrics
Shares beneficially owned
0 shares
Spence Limited’s reported beneficial ownership of First Seacoast Bancorp common stock
Percent of class owned
0%
Spence Limited’s reported percentage of First Seacoast Bancorp common stock
Sole voting power
0
Spence Limited’s sole voting power over First Seacoast Bancorp shares
Shared voting power
0
Spence Limited’s shared voting power over First Seacoast Bancorp shares
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, Ownership of 5 percent or less of a class
4 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 0"
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 0.00 6 | Shared Voting Power"
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.
Ownership of 5 percent or less of a class financial
"Item 5. | Ownership of 5 Percent or Less of a Class."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Schedule 13G/A filing mean for First Seacoast Bancorp (FSEA)?
The Schedule 13G/A shows that Spence Limited now reports 0 shares and 0% ownership of First Seacoast Bancorp common stock, indicating it is no longer a significant beneficial owner of the company’s equity.
Is Spence Limited still a 5% owner of First Seacoast Bancorp (FSEA)?
No. Spence Limited’s filing states Ownership of 5 percent or less of a class and reports 0% of First Seacoast Bancorp’s common stock, confirming it is no longer a 5% beneficial owner.
Who signed the amended ownership report for First Seacoast Bancorp (FSEA)?
The amendment is signed by Hope Lundt as Investment Advisor, dated 08/11/2026, on behalf of Spence Limited in connection with its reported ownership of First Seacoast Bancorp common stock.