[SCHEDULE 13G/A] Pulmonx Corporation SEC Filing
FMR LLC and Abigail P. Johnson report beneficial ownership of 2,179,993.02 shares of Pulmonx Corp common stock, representing 5.4% of the outstanding class. FMR LLC is shown with sole voting power over 2,175,878 shares and sole dispositive power over 2,179,993.02 shares; Abigail P. Johnson is reported with sole dispositive power over 2,179,993.02 shares and no voting power. The filing states the shares are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
The filing refers to an accompanying Exhibit 99 and incorporates prior powers of attorney by reference. No other person is identified as holding more than 5% of the common stock.
- Material disclosure of a 5.4% stake in Pulmonx Corp provides transparency to the market
- Clear allocation of voting and dispositive powers (2,175,878 voting; 2,179,993.02 dispositive) enables precise reconciliation
- Statement that shares are held in the ordinary course and not to influence control clarifies filing intent
- References to Exhibit 99 and prior powers of attorney provide supporting documentation and authority
- None.
Insights
TL;DR: FMR LLC and Abigail Johnson disclose a material, but passive, 5.4% stake in Pulmonx; voting and dispositive powers are clearly allocated.
The disclosure shows a meaningful single-party stake of 5.4%, large enough to be noticed by investors but presented as passive and held in the ordinary course of business. The split between voting power (2,175,878) and dispositive power (2,179,993.02) is specific, enabling precise share-count reconciliation. The filing's explicit statement that the shares were not acquired to influence control reduces immediate governance concerns, though market participants may monitor for future amendments or Schedule 13D activity.
TL;DR: This is a routine, compliant Schedule 13G/A showing passive beneficial ownership with clear power attributions and referenced exhibits.
The filing adheres to disclosure norms by specifying voting/dispositive powers and confirming ordinary-course holding. Referencing Exhibit 99 and prior powers of attorney provides traceability for authority to sign. Because the filing declares no intent to influence control, it classifies as passive ownership under the rules; governance impact is therefore limited unless future filings indicate an active intent.