Harris Associates reports 5.5% Masco (NYSE: MAS) ownership in Schedule 13G
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Masco Corporation received a large shareholder disclosure from investment manager Harris Associates. Harris Associates L.P. and its general partner Harris Associates, Inc. report beneficial ownership of 11,501,911 shares of Masco common stock, representing 5.5% of the outstanding class as of the event date.
They report sole voting power over 11,188,017 shares and sole dispositive power over 11,501,911 shares, with no shared voting or dispositive power. Harris states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Masco.
Positive
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Negative
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FAQ
Does Harris Associates control voting rights for its Masco (MAS) position?
Harris Associates reports sole voting power over 11,188,017 Masco shares and no shared voting power. It also has sole dispositive power over 11,501,911 shares, meaning it alone can decide how to vote or sell those shares for its advised clients.
Is Harris Associates’ Masco (MAS) stake intended to influence control of the company?
Harris Associates certifies the Masco shares were acquired and held in the ordinary course of business. It states they were not acquired and are not held for the purpose of changing or influencing control of Masco, nor as part of any such control-related transaction.
Who are the reporting persons in the Masco (MAS) Schedule 13G filing?
The reporting persons are Harris Associates L.P. and its general partner Harris Associates, Inc.. Both entities are organized in the United States and disclose beneficial ownership of the same block of Masco common stock, reflecting their advisory and control relationship.
What class of Masco (MAS) securities is covered by Harris Associates’ filing?
The filing covers Masco Corporation common stock with a par value of $1.00 per share, identified by CUSIP 574599106. Harris Associates’ 5.5% beneficial ownership relates specifically to this class of Masco’s equity securities.