BlackRock (LFCR holder) reports 2,010,546 Lifecore Biomedical shares in new ownership filing
Rhea-AI Filing Summary
BlackRock, Inc. reports a passive ownership position in Lifecore Biomedical, Inc. common stock. BlackRock and certain of its business units beneficially own 2,010,546 shares of Lifecore common stock, representing 5.4% of the class. Of these, 1,988,535 shares carry sole voting power, and all 2,010,546 shares are subject to BlackRock’s sole dispositive power, with no shared voting or dispositive authority. Various underlying clients and accounts have rights to dividends or sale proceeds, but no single other person has more than five percent of Lifecore’s outstanding common shares. The filing is signed by a BlackRock managing director under a power of attorney.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 2,010,546 shares
Percent of class: 5.4%
Sole voting power: 1,988,535 shares
+3 more
6 metrics
Beneficially owned shares
2,010,546 shares
Common stock of Lifecore Biomedical reported by BlackRock
Percent of class
5.4%
Portion of Lifecore Biomedical common stock beneficially owned
Sole voting power
1,988,535 shares
Shares for which BlackRock has sole power to vote
Shared voting power
0 shares
Shares for which BlackRock has shared power to vote
Sole dispositive power
2,010,546 shares
Shares for which BlackRock can solely direct disposition
Shared dispositive power
0 shares
Shares with shared dispositive authority
Key Terms
beneficially owned, Sole Voting Power, dispositive power, parent holding company, +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 1,988,535.00 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.
dispositive power financial
"Sole power to dispose or to direct the disposition of: 2010546"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Investment Company Act of 1940 regulatory
"investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Lifecore Biomedical (LFCR) does BlackRock currently own?
BlackRock and certain of its business units beneficially own 5.4% of Lifecore Biomedical’s common stock, representing 2,010,546 shares as reported in the Schedule 13G filing.
Is BlackRock’s Lifecore Biomedical (LFCR) ownership reported on a consolidated basis?
The Schedule 13G reflects securities beneficially owned by certain BlackRock business units. It excludes holdings of other units whose ownership is disaggregated under SEC Release No. 34-39538.
Who signed the BlackRock ownership report for Lifecore Biomedical (LFCR)?
The beneficial ownership report is signed by Spencer Fleming, a Managing Director of BlackRock, Inc., acting under a Power of Attorney (Exhibit 24).