Northern Trust (KEQU holder) discloses 8.8% Kewaunee Scientific ownership
Rhea-AI Filing Summary
Northern Trust Corporation reported beneficial ownership of 252,328 shares of Kewaunee Scientific common stock, representing 8.8% of the outstanding class as of 12/31/2025. Northern Trust has sole voting and dispositive power over 15,967 shares and shared power over 236,361 shares.
The shares were acquired and are held in the ordinary course of business, and Northern Trust certifies they are not held for the purpose or effect of changing or influencing control of Kewaunee Scientific.
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FAQ
What stake does Northern Trust hold in Kewaunee Scientific (KEQU)?
Northern Trust Corporation beneficially owns 252,328 shares of Kewaunee Scientific common stock, representing 8.8% of the class. This level of ownership requires public disclosure on Schedule 13G/A under SEC rules for significant shareholders.
Is Northern Trust seeking control of Kewaunee Scientific (KEQU)?
Northern Trust certifies the KEQU shares were acquired and are held in the ordinary course of business, not to change or influence control. It also states the holdings are not connected with any control-related transaction or activist nomination, except as allowed under specified SEC rules.
What is the significance of the 8.8% ownership in KEQU?
Owning 8.8% of Kewaunee Scientific makes Northern Trust a significant institutional holder under SEC thresholds. This triggers Schedule 13G/A reporting, giving investors transparency about large positions that may influence trading liquidity and shareholder votes.
Who signed the Schedule 13G/A for Northern Trust regarding KEQU?
The Schedule 13G/A for Kewaunee Scientific was signed by Michael Hunstad, Executive Vice President of Northern Trust. His signature certifies, after reasonable inquiry, that the reported ownership information is true, complete, and correct as of the stated date.