Myriad Genetics (MYGN): Vestal Point Capital discloses 6.1% stake in 13G filing
Rhea-AI Filing Summary
Myriad Genetics, Inc. has a new large shareholder disclosure from Vestal Point Capital, LP and its Chief Investment Officer, Ryan Wilder. The reporting group states beneficial ownership of 5,735,000 shares of Myriad Genetics common stock, representing 6.1% of the outstanding shares.
The stake is held through a Vestal Point fund and a managed account, for which Vestal Point Capital, LP acts as investment adviser. The reporting persons report shared voting and dispositive power over all 5,735,000 shares and no sole voting or dispositive power. The ownership percentage is based on 94,448,210 shares of common stock outstanding as of May 1, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 5,735,000 shares
Ownership percentage: 6.1%
Shares outstanding: 94,448,210 shares
+3 more
6 metrics
Shares beneficially owned
5,735,000 shares
Common stock of Myriad Genetics reported by Vestal Point Capital and Ryan Wilder
Ownership percentage
6.1%
Portion of Myriad Genetics common stock class beneficially owned by the reporting persons
Shares outstanding
94,448,210 shares
Myriad Genetics common stock outstanding as of May 1, 2026, per Form 10-Q
Sole voting power
0 shares
Shares of Myriad Genetics over which the reporting persons have sole voting power
Shared voting power
5,735,000 shares
Shares of Myriad Genetics over which the reporting persons have shared voting power
Shared dispositive power
5,735,000 shares
Shares of Myriad Genetics over which the reporting persons have shared dispositive power
Key Terms
beneficial owner, shared voting power, shared dispositive power, Investment Manager, +1 more
5 terms
beneficial owner regulatory
"for the purposes of Section 13 of the Securities Exchange Act of 1934, the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Investment Manager financial
"Vestal Point Capital, LP (the "Investment Manager"), a Delaware limited partnership"
Schedule 13G regulatory
"The filing of this statement should not be construed as an admission that any of the foregoing persons"
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 stake in MYGN does Vestal Point Capital report on this Schedule 13G?
Vestal Point Capital and Ryan Wilder report beneficial ownership of 5,735,000 MYGN shares, representing 6.1% of Myriad Genetics’ outstanding common stock based on 94,448,210 shares outstanding as of May 1, 2026.
Who are the reporting persons in the MYGN Schedule 13G filing?
The filing identifies Vestal Point Capital, LP, a Delaware limited partnership and investment manager, and Ryan Wilder, its Chief Investment Officer and Managing Partner, as the reporting persons for the Myriad Genetics common stock position.
Where is Vestal Point Capital, the MYGN Schedule 13G filer, based?
The business address for each reporting person is listed as 632 Broadway, Suite 602, New York, NY 10012. Vestal Point Capital is a Delaware limited partnership, and Ryan Wilder is a citizen of the United States.
AI-generated analysis. How Rhea-AI works. Not financial advice.