Mannatech (MTEX) investor reports owning over 8% of shares
Rhea-AI Filing Summary
MANNATECH INC (MTEX) reports that investor Terry LaCore has filed Amendment No. 1 to a Schedule 13G regarding ownership of its common stock. LaCore reports beneficial ownership of 159,585 shares of Mannatech common stock, representing 8.27% of the class as of June 30, 2026.
LaCore reports sole power to votesole power to dispose of
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 159,585 shares
Percent of class owned: 8.27 %
Sole voting power: 159,585 shares
+5 more
8 metrics
Shares beneficially owned
159,585 shares
Common stock of Mannatech Inc reported by Terry LaCore
Percent of class owned
8.27 %
Percentage of Mannatech common stock class beneficially owned by Terry LaCore
Sole voting power
159,585 shares
Shares over which Terry LaCore has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which Terry LaCore has shared power to vote or direct the vote
Sole dispositive power
159,585 shares
Shares over which Terry LaCore has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which Terry LaCore has shared power to dispose or direct disposition
CUSIP
563771203
CUSIP number for Mannatech Inc common stock, par value $0.0001 per share
As-of date for ownership
06/30/2026
Date associated with the reported beneficial ownership and percentage of class
Key Terms
beneficially owned, Percent of class, Sole power to vote or to direct the vote, Sole power to dispose or to direct the disposition of, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 159,585"
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.
Percent of class financial
"Item 4. | Ownership (b) | Percent of class: 8.27 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Sole power to vote or to direct the vote financial
"(i) Sole power to vote or to direct the vote: 159,585"
Sole power to dispose or to direct the disposition of financial
"(iii) Sole power to dispose or to direct the disposition of: 159,585"
Schedule 13G regulatory
"Amendment No. 1 to a Schedule 13G regarding ownership"
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.
FAQ
What percentage of MANNATECH INC (MTEX) does Terry LaCore currently own?
Terry LaCore reports beneficial ownership of 8.27% of the class of Mannatech’s common stock. This is based on 159,585 shares beneficially owned as of June 30, 2026, according to the Schedule 13G/A filing.
What type of filing did Terry LaCore submit for MANNATECH INC (MTEX)?
Terry LaCore submitted an Amendment No. 1 to Schedule 13G for Mannatech Inc. This filing updates his beneficial ownership of 159,585 shares, representing 8.27% of the company’s common stock as of June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.