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[SCHEDULE 13G/A] Glen Burnie Bancorp SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

AllianceBernstein L.P. reports beneficial ownership of 198,858 shares of Glen Burnie Bancorp common stock, representing 6.9% of the class. The filer indicates it holds sole voting and sole dispositive power over these shares and that they were acquired solely for investment purposes on behalf of client discretionary accounts.

The filing identifies AllianceBernstein as an investment adviser organized in Delaware and notes it is a majority-owned subsidiary of Equitable Holdings, Inc. while operating under independent management; Equitable Holdings reports its ownership separately. The statement affirms the position was not acquired to change or influence control of the issuer.

Positive
  • Institutional stake of 198,858 shares (6.9% of class)
  • Sole voting and sole dispositive power over the reported shares
  • Shares reported as held for client discretionary accounts, indicating standard investment purpose
Negative
  • Filer certifies the shares were not acquired to change or influence control
  • No shared voting power or group affiliation disclosed, limiting potential coordinated influence

Insights

TL;DR: AllianceBernstein holds a meaningful 6.9% stake (198,858 shares) with sole voting and dispositive power, held for client accounts.

From a market lens, a disclosed >5% institutional stake is material because it signals significant investor interest. The filing clarifies the position is held in discretionary client accounts and was not acquired to affect control, which reduces the likelihood of immediate activist activity. The sole voting and dispositive power means AllianceBernstein can vote and trade these shares, which could influence liquidity if they materially reallocate holdings, but no transaction plans are stated in the filing.

TL;DR: A 6.9% single-filer holding gives governance visibility but the filer disclaims any intent to influence control; coordination or group action is not reported.

This filing shows sole voting authority without any shared or group arrangements disclosed, limiting indications of coordinated engagement or a control contest. The disclosure that AllianceBernstein operates under independent management, despite being majority-owned by Equitable Holdings, and that Equitable reports separately, clarifies reporting lines for governance assessments. Absent additional filings or statements of intent, governance impact is neutral based on the facts presented.






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)






SCHEDULE 13G





SCHEDULE 13G



AllianceBernstein L.P.
Signature:Melissa Guerra
Name/Title:VP/Director of Compliance
Date:08/13/2025

FAQ

How many Glen Burnie Bancorp (GLBZ) shares does AllianceBernstein own?

AllianceBernstein reports 198,858 shares, representing 6.9% of Glen Burnie Bancorp's outstanding common stock.

Does AllianceBernstein have voting power over its GLBZ shares?

Yes. The filing states AllianceBernstein has sole voting and sole dispositive power over the 198,858 shares.

Was the GLBZ stake acquired to influence control of the company?

The filing includes a certification that the securities were not acquired to change or influence the control of the issuer.

What type of reporting person is AllianceBernstein in this filing?

AllianceBernstein is identified as an investment adviser (Type: IA) organized in Delaware.

Is AllianceBernstein affiliated with Equitable Holdings in this filing?

The filing states AllianceBernstein is a majority-owned subsidiary of Equitable Holdings, Inc. but operates under independent management and Equitable reports ownership separately.
Glen Burnie Bancorp

NASDAQ:GLBZ

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Banks - Regional
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United States
GLEN BURNIE