BlackRock (NYSE: BLK) discloses 5.5% beneficial stake in Kiniksa (KNSA)
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Kiniksa Pharmaceuticals International, plc. BlackRock and certain of its business units beneficially own 2,534,789 shares of Kiniksa common stock, representing 5.5 % of the outstanding class as of the reporting date.
BlackRock has sole voting power over 2,470,912 shares and sole dispositive power over 2,534,789 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends and sale proceeds, but no single such person has more than five percent of Kiniksa’s total outstanding common shares.
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Key Figures
Beneficial ownership: 2,534,789 shares
Percent of class: 5.5 %
Sole voting power: 2,470,912 shares
+3 more
6 metrics
Beneficial ownership
2,534,789 shares
Common stock of Kiniksa Pharmaceuticals International, plc beneficially owned by BlackRock
Percent of class
5.5 %
Portion of Kiniksa common stock class beneficially owned by BlackRock
Sole voting power
2,470,912 shares
Shares of Kiniksa common stock over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of Kiniksa common stock over which BlackRock has shared voting power
Sole dispositive power
2,534,789 shares
Shares of Kiniksa common stock over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of Kiniksa common stock over which BlackRock has shared dispositive power
Key Terms
beneficially owned, sole voting power, dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
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
"Sole Voting Power 2,470,912.00"
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.
dispositive power financial
"Sole Dispositive Power 2,534,789.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 this Schedule 13G reflects"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Kiniksa Pharmaceuticals (KNSA) does BlackRock currently own?
BlackRock reports beneficial ownership of 5.5 % of Kiniksa Pharmaceuticals International, plc’s common stock, based on 2,534,789 shares beneficially owned by certain BlackRock business units as of the filing date.
Which entity signed the Schedule 13G for Kiniksa (KNSA) ownership?
The Schedule 13G was signed on behalf of BlackRock, Inc. by Spencer Fleming, Managing Director, with authority supported by a Power of Attorney referenced as Exhibit 24.