Institutional 0.8% Stake in Myriad Genetics Disclosed by Disciplined Growth
Rhea-AI Filing Summary
Disciplined Growth Investors, Inc. reports beneficial ownership of 753,956 shares of Myriad Genetics common stock, representing 0.8% of the class. The filer states it has sole voting and dispositive power over these shares and that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer. The filing identifies Myriad Genetics' principal executive offices in Salt Lake City and provides the reporting person’s Minnesota address.
Positive
- Transparent disclosure of ownership and voting/dispositive power for regulatory compliance
- Passive holding reported on Schedule 13G, indicating the position is not intended to influence control
- Ownership below 5% threshold, reducing likelihood of immediate material governance impact
Negative
- None.
Insights
TL;DR A passive 0.8% stake is disclosed, indicating modest institutional ownership without control implications.
The stake of 753,956 shares is below material thresholds and is disclosed on a Schedule 13G, implying passive intent. Because the reporting person asserts sole voting and dispositive power, this clarifies where voting authority lies but does not signal activism or control change. For investors, this is routine transparency on institutional holdings rather than a catalyst for operational change.
TL;DR Filing signals compliance and passive ownership; no governance challenge or group formation is reported.
The statement certifies the securities are held in the ordinary course and not to influence control, and it indicates no group affiliation or subsidiary acquisition role. With 0 shared voting power reported, there is no apparent coordination with other holders disclosed. This limits governance implications and suggests no immediate board or control-related pressure from the filer.