Terry LaCore owns 159,585 Mannatech (MTEX) shares outright
Rhea-AI Filing Summary
MANNATECH INC (MTEX) received an amended Schedule 13G/A (Amendment No. 2) reporting the equity holdings of Terry LaCore. LaCore reports beneficial ownership of 159,585 shares of Mannatech common stock, representing 8.27% of the class, with sole voting and dispositive power over all of these shares and no shared power.
The reported ownership percentage is calculated using 1,929,670 shares outstanding as of August 5, 2026, as disclosed by Mannatech in its Form 10-Q filed August 12, 2026. This amendment is described as correcting prior cover-page omissions in Amendment No. 1 rather than changing the underlying ownership position.
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Key Figures
Shares beneficially owned: 159,585 shares
Percent of class owned: 8.27%
Shares outstanding baseline: 1,929,670 shares
+3 more
6 metrics
Shares beneficially owned
159,585 shares
Common stock of Mannatech Inc beneficially owned by Terry LaCore
Percent of class owned
8.27%
Reported percentage of Mannatech common stock class held by Terry LaCore
Shares outstanding baseline
1,929,670 shares
Mannatech shares outstanding as of August 5, 2026, used to compute ownership percentage
Sole voting power
159,585 shares
Shares over which Terry LaCore has sole 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 the disposition
Amendment date signed
08/19/2026
Date the amendment was signed by Attorney-in-Fact for Terry LaCore
Key Terms
beneficially owned, sole voting power, sole dispositive power, Attorney-in-Fact
4 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.
sole voting power financial
"5 | Sole Voting Power 159,585.00"
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 159,585.00"
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.
Attorney-in-Fact regulatory
"Signature: | Tana Lynette Ward Name/Title: | Attorney-in-Fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What percentage of MANNATECH INC (MTEX) does Terry LaCore report owning in this Schedule 13G/A?
Terry LaCore reports beneficially owning 8.27% of Mannatech’s common stock. This percentage is calculated based on 1,929,670 shares outstanding as of August 5, 2026, as referenced from Mannatech’s Form 10-Q.
What is the purpose of Amendment No. 2 to Terry LaCore’s Schedule 13G for MTEX?
Amendment No. 2 is filed to supply cover page information inadvertently omitted from Amendment No. 1. The disclosure indicates this is a technical correction, not a change in the reported share ownership position or percentage.
AI-generated analysis. How Rhea-AI works. Not financial advice.