MBLY: Susquehanna Entities Disclose 4,518,542 Shares (4.4%)
Rhea-AI Filing Summary
Schedule 13G/A filing reporting a non‑control investment in Mobileye Global Inc. (MBLY). The Reporting Persons collectively disclose beneficial ownership of 4,518,542 shares, representing 4.4% of the outstanding Class A common stock based on the company share count reported in the filing (103,579,323 shares outstanding). The disclosed position is an aggregate across five affiliated entities: G1 Execution Services, LLC; SIG Brokerage, LP; Susquehanna Fundamental Investments, LLC; Susquehanna Portfolio Strategies, LLC; and Susquehanna Securities, LLC.
The filing notes that the amount reported for Susquehanna Securities, LLC includes options to purchase 3,938,300 shares. The Reporting Persons indicate they may be deemed a group for reporting purposes, while each disclaims beneficial ownership of shares directly owned by another Reporting Person. The certification states the securities are held in the ordinary course of business and not to change or influence control of the issuer.
Positive
- Transparent aggregate disclosure of beneficial ownership across five affiliated entities totaling 4,518,542 shares (4.4%).
- Explicit disclosure of options — Susquehanna Securities reports inclusion of 3,938,300 options in its reported amount.
- Joint Filing Agreement exhibited, indicating coordination on the reporting mechanics.
Negative
- Aggregate stake below 5%, so it does not trigger 13D-level disclosure of activist intent.
- Large component reported as options for one reporting person (3,938,300 options), which concentrates the reported position in a single entity.
Insights
TL;DR Reporting group holds a 4.4% passive stake in Mobileye, with a large options component disclosed for one member.
The filing provides a clear, itemized account of positions across five affiliated entities totaling 4,518,542 shares (4.4%) of Mobileye's Class A stock based on the reported share base of 103,579,323. Importantly, Susquehanna Securities' reported amount includes 3,938,300 options, which materially compose that entity's reported position. The disclosure is consistent with a Schedule 13G/A treatment for passive investors and includes a joint filing agreement as an exhibit. For investors, the filing documents a notable but non‑controlling stake and transparent allocation among affiliated broker‑dealer and investment entities.
TL;DR Group reporting and disclaimers indicate passive ownership; no stated intent to influence control.
The report identifies the five Reporting Persons and states they "may be deemed a group" for reporting purposes while each disclaims beneficial ownership of shares held by others. The filing includes the standard certification that the holdings are "in the ordinary course of business" and not intended to affect control. This presentation aligns with routine governance disclosures for non‑control positions and clarifies voting/dispositive powers on a per‑entity basis. No governance actions, transactions to change control, or other activist intentions are disclosed within the filing.