STOCK TITAN

Bank of Nova Scotia reports 2.93M-share stake in JELD-WEN (NYSE: JELD)

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

JELD-WEN Holding, Inc.: Bank of Nova Scotia reports beneficial ownership of 2,934,229 shares of Common Stock, representing 3.41% of the class. The filing states the bank holds sole voting power and sole dispositive power for 2,934,229 shares.

The disclosure is filed as an Amendment No. 1 and includes a certification regarding the foreign regulatory scheme; the signatory is a compliance officer.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosure confirming voting and dispositive control of 3.41%.

The filing documents that Bank of Nova Scotia beneficially owns 3.41% or 2,934,229 shares of JELD-WEN common stock with sole voting and dispositive powers. This establishes the bank as a visible holder above typical reporting thresholds.

Key dependencies include whether holdings are held for client accounts or principal purposes and any future amendments that change percent ownership; subsequent filings will show changes in position.

Disclosure clarifies control rights and regulatory comparability certification.

The filing includes a certification that the bank's foreign regulatory scheme is "substantially comparable" to the U.S. equivalent and the signatory is the bank's Head of GBM&T Compliance Canada. This is standard for foreign institutional filers seeking Schedule 13G treatment.

Watch for any future Schedule 13D/A or Form 4 if voting intentions or transaction activity changes; current text records ownership and control attributes only.

Beneficial ownership 2,934,229 shares Schedule 13G/A Amendment No. 1
Percent of class 3.41% Common Stock of JELD-WEN
Sole voting power 2,934,229 shares Amount with sole voting power
Sole dispositive power 2,934,229 shares Amount with sole dispositive power
Signature date 06/05/2026 Certification signed by compliance officer
Schedule 13G/A regulatory
"Amendment No. 1 reporting beneficial ownership of 2,934,229 shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned regulatory
"Amount beneficially owned: 2,934,229 (b) Percent of class: 3.41 %"
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 Dispositive Power regulatory
"Sole Dispositive Power 2,934,229.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
13d-1(b)(1)(ii)(g) regulatory
"A parent holding company, in accordance with 13d-1(b)(1)(ii)(g)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How many JELD shares does Bank of Nova Scotia own?

The Bank of Nova Scotia beneficially owns 2,934,229 shares of JELD-WEN common stock. The filing lists this as 3.41% of the class and shows sole voting and dispositive power over those shares.

Does Bank of Nova Scotia control voting for its JELD stake?

Yes. The filing states the bank has sole voting power and sole dispositive power for 2,934,229 shares, indicating it can vote and direct disposition of the disclosed shares.

What type of SEC filing is this for JELD (JELD)?

This is a Schedule 13G/A amendment (Amendment No. 1) reporting beneficial ownership. It updates the bank's ownership disclosure and includes a regulatory comparability certification signed by a compliance officer.

Does the filing state why the shares are held?

The filing does not provide an investment rationale. It lists the bank as a parent holding company under the 13d-1(b)(1)(ii)(g) classification and records ownership and control attributes without stating strategy.

Who signed the Schedule 13G/A for Bank of Nova Scotia?

The certification is signed by Raj Sachdeva, titled Vice President, Head of GBM&T Compliance Canada, with signature date shown as 06/05/2026 in the filing.





47580P103

(CUSIP Number)
05/29/2026

(Date of Event Which Requires Filing of this Statement)


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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BANK OF NOVA SCOTIA
Signature:Raj Sachdeva
Name/Title:Vice President, Head of GBM&T Compliance Canada
Date:06/05/2026