BlackRock, Inc. (KRRO) discloses 5.2% beneficial ownership in Korro Bio common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Korro Bio, Inc. as an institutional holder. BlackRock reports beneficial ownership of 747,546 shares of Korro Bio common stock, representing 5.2% of the class. It has sole voting power over 738,098 shares and sole dispositive power over 747,546 shares, with no shared voting or dispositive power reported. Various underlying clients or accounts have economic rights to dividends or sale proceeds, but no single person has more than five percent of Korro Bio’s outstanding common shares.
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Key Figures
Beneficial ownership: 747,546 shares
Percent of class: 5.2%
Sole voting power: 738,098 shares
+2 more
5 metrics
Beneficial ownership
747,546 shares
Common stock of Korro Bio, Inc. reported by BlackRock, Inc.
Percent of class
5.2%
Portion of Korro Bio common stock beneficially owned by BlackRock
Sole voting power
738,098 shares
Shares of Korro Bio common stock over which BlackRock has sole voting power
Sole dispositive power
747,546 shares
Shares of Korro Bio common stock over which BlackRock has sole dispositive power
Shared voting power
0 shares
Korro Bio shares where voting power is shared by BlackRock
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, percent of class, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
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
"5 | Sole Voting Power 738,098.00 6 | Shared Voting Power 0.00"
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.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 747,546.00 8 | Shared Dispositive Power 0.00"
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.
percent of class financial
"(b) | Percent of class: 5.2 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney Exhibit 99: Item 7"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Does any single client of BlackRock own more than 5% of Korro Bio (KRRO)?
No. The filing states that various persons have rights to dividends or sale proceeds from Korro Bio shares managed by BlackRock, but that no one person’s interest exceeds five percent of Korro Bio’s total outstanding common shares.
Which entity is the reporting person for this Korro Bio (KRRO) ownership disclosure?
The reporting person is BlackRock, Inc., a Delaware corporation, filing on behalf of certain consolidated Reporting Business Units. It excludes any disaggregated business units whose holdings are reported separately under SEC Release No. 34-39538.
Who signed the BlackRock ownership report for Korro Bio (KRRO)?
The report is signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc. The signature is supported by a Power of Attorney referenced as Exhibit 24 in the filing exhibits.