JPMorgan Chase & Co. (LMND) discloses 7.0% beneficial stake in Lemonade
Rhea-AI Filing Summary
JPMorgan Chase & Co. reports beneficial ownership of Lemonade, Inc. common stock on an amended Schedule 13G. JPMorgan and its listed subsidiaries report beneficial ownership of 5,391,937 shares of common stock, representing 7.0% of the class. Of these shares, 5,299,211 are subject to sole voting power and 141 to shared voting power. JPMorgan also reports sole dispositive power over 5,384,389 shares and shared dispositive power over 6,919 shares. The filing states there is no group and no other person known to have more than 5% through rights to dividends or sale proceeds.
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Key Figures
Beneficial ownership: 5,391,937 shares
Percent of class: 7.0%
Sole Voting Power: 5,299,211 shares
+3 more
6 metrics
Beneficial ownership
5,391,937 shares
Amount beneficially owned in Lemonade, Inc. common stock
Percent of class
7.0%
Percentage of Lemonade, Inc. common stock class beneficially owned
Sole Voting Power
5,299,211 shares
Shares over which JPMorgan has sole power to vote or direct the vote
Shared Voting Power
141 shares
Shares over which JPMorgan has shared power to vote or direct the vote
Sole Dispositive Power
5,384,389 shares
Shares over which JPMorgan has sole power to dispose or direct disposition
Shared Dispositive Power
6,919 shares
Shares over which JPMorgan has shared power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 5391937"
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 5,299,211.00 6 | Shared Voting Power 141.00"
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 5,384,389.00 8 | Shared Dispositive Power 6,919.00"
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.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate under Item 3(g)"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Lemonade, Inc. (LMND) does JPMorgan Chase & Co. report owning?
JPMorgan Chase & Co. reports beneficial ownership of 7.0% of Lemonade, Inc.’s common stock. This represents 5,391,937 shares of common stock as disclosed in the Schedule 13G/A filing.
What dispositive power does JPMorgan Chase & Co. have over its LMND holdings?
JPMorgan reports sole dispositive power over 5,384,389 LMND shares and shared dispositive power over 6,919 shares. Dispositive power refers to the authority to dispose of or direct the disposition of the shares.