Barclays Reports 5.81M Mobileye Shares; Passive Schedule 13G Filing
Rhea-AI Filing Summary
Barclays PLC reports beneficial ownership of 5,811,249 shares of Mobileye Global Inc.-A, representing 5.78% of the class. The filing shows Barclays holds sole voting and sole dispositive power over these shares, meaning it controls voting and disposition for the entire stake reported. Item 10 certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control, consistent with a passive Schedule 13G disclosure. Subsidiaries identified in the filing include Barclays Bank PLC, Barclays Capital Inc. and Barclays Capital Securities Ltd.
Positive
- Beneficial ownership of 5,811,249 shares (5.78% of class)
- Sole voting power and sole dispositive power over the reported shares
- Item 10 certification that shares are held in the ordinary course and not to influence control (passive Schedule 13G)
- Identification of related Barclays subsidiaries: Barclays Bank PLC, Barclays Capital Inc., Barclays Capital Securities Ltd
Negative
- None.
Insights
Barclays holds a material 5.78% passive stake with sole voting and dispositive control over 5.81M Mobileye shares.
The filing discloses a >5% beneficial holding that is large enough to be material to shareholder composition. The report specifies sole voting and dispositive power over 5,811,249 shares, which consolidates voting authority in Barclays for that position. Item 10 affirms the position is held in the ordinary course of business and not intended to influence control, indicating a passive posture rather than activist intent. The filing also lists Barclays subsidiaries connected to the position.
Disclosure signals notable ownership concentration but explicitly states no intent to alter issuer control.
The Schedule 13G reveals a significant single-party stake at 5.78%, with Barclays reporting both sole voting and dispositive power for the reported shares. While the size is material from a governance perspective, the certification in Item 10 that the shares are held in the ordinary course and not to influence control frames this as a passive disclosure. The filing names relevant Barclays entities, clarifying which subsidiaries are tied to the position.