BlackRock (MASS) reports 1.94M-share, 5.1% passive stake in 908 Devices
Rhea-AI Filing Summary
BlackRock, Inc. reports a passive ownership stake in 908 Devices Inc. common stock on a Schedule 13G. BlackRock reports beneficial ownership of 1,940,690 shares, representing 5.1% of the outstanding common stock. It has sole voting power over 1,917,820 shares and sole dispositive power over all 1,940,690 shares, with no shared voting or dispositive power reported. Various underlying clients and funds have rights to dividends or sale proceeds, but no single client holds more than five percent of 908 Devices’ outstanding common shares.
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Key Figures
Beneficial ownership: 1,940,690 shares
Percent of class: 5.1%
Sole voting power: 1,917,820 shares
+3 more
6 metrics
Beneficial ownership
1,940,690 shares
Shares of 908 Devices Inc. common stock beneficially owned by BlackRock, Inc.
Percent of class
5.1%
Percentage of 908 Devices Inc. common stock class beneficially owned by BlackRock, Inc.
Sole voting power
1,917,820 shares
Shares of 908 Devices Inc. over which BlackRock, Inc. has sole power to vote
Shared voting power
0 shares
Shares of 908 Devices Inc. over which BlackRock, Inc. has shared power to vote
Sole dispositive power
1,940,690 shares
Shares of 908 Devices Inc. over which BlackRock, Inc. has sole power to dispose
Shared dispositive power
0 shares
Shares of 908 Devices Inc. over which BlackRock, Inc. has shared power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this 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 1,917,820.00 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 1,940,690.00 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.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 ... this schedule reflects the securities beneficially owned"
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.
Power of Attorney regulatory
"Exhibit Information 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
What percentage of 908 Devices Inc. (MASS) does BlackRock now report owning?
BlackRock reports beneficial ownership of 5.1% of 908 Devices Inc. common stock. This corresponds to 1,940,690 shares, as disclosed in the Schedule 13G ownership section.
Does any single BlackRock client hold over 5% of 908 Devices (MASS)?
No, the filing states that no one person's interest exceeds five percent of 908 Devices’ outstanding common shares, even though various persons have rights to dividends and sale proceeds.
Is BlackRock’s stake in 908 Devices (MASS) reported as passive or controlling?
The position is reported on Schedule 13G, which is used for passive ownership filings rather than control-seeking positions, based on the SEC’s beneficial ownership reporting framework.
Who signed the Schedule 13G for BlackRock regarding 908 Devices (MASS)?
The Schedule 13G was signed by Spencer Fleming, identified as a Managing Director of BlackRock, Inc., pursuant to a Power of Attorney attached as Exhibit 24.