T. Rowe Price holds 2.75M JBTM shares (5.3%) — Schedule 13G (JBTM)
Rhea-AI Filing Summary
JBT Marel Corp ownership disclosure: T. Rowe Price Associates, Inc. reports beneficial ownership of 2,750,884 shares of Common Stock, representing 5.3% as of 03/31/2026. The filing shows sole voting power over 2,736,029 shares and sole dispositive power over 2,750,884 shares. The submission is signed by Ellen York, Vice President, on 05/15/2026. The filer includes a statement denying beneficial ownership in the text.
Positive
- None.
Negative
- None.
Insights
Large passive holder reported at modest >5% stake.
T. Rowe Price Associates, Inc. is disclosed with 2,750,884 shares (5.3%) as of 03/31/2026, showing sole voting and dispositive powers nearly aligned with holdings. The position size crosses common 5% reporting thresholds used for disclosure.
The filing is a standard Schedule 13G style disclosure; cash‑flow treatment or intent to influence governance is not stated. Subsequent filings would show any change in ownership or form (e.g., to Schedule 13D).
Filing meets disclosure mechanics but includes a denial clause.
The form lists specific vote and dispositive counts and contains an explicit statement denying beneficial ownership in the text signed by an officer. That language is a common declaration; it does not change the numeric ownership figures reported.
Compliance focus: confirm reporting category (Schedule 13G) is appropriate and monitor for any amendments or conversion to Schedule 13D if activist intent appears in later filings.