[SCHEDULE 13G/A] NewMarket Corporation SEC Filing
Rhea-AI Filing Summary
The London Company reports beneficial ownership of 553,479 shares of NewMarket (NEU), representing 5.87% of the outstanding common stock. The filing shows sole voting power over all 553,479 shares, sole dispositive power over 524,026 shares, and shared dispositive power of 827 shares. The statement includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. This is a routine institutional disclosure of a >5% position.
Positive
- Beneficial ownership of 553,479 shares, representing 5.87% of NewMarket's common stock
- Sole voting power reported over all 553,479 beneficially owned shares
- Certification that holdings are held in the ordinary course and not to influence control
Negative
- None.
Insights
TL;DR The London Company discloses a material >5% stake in NewMarket with full voting authority on the reported shares.
The filing documents an institutional position of 553,479 shares (5.87%). Sole voting power equals the full beneficial amount, while dispositive power is split between sole control of 524,026 shares and shared control of 827 shares. The disclosure meets regulatory thresholds for transparency and includes an explicit certification that the holdings are in the ordinary course of business and not intended to influence control. For analysts, the key fact is the size and the voting alignment rather than changes in underlying operations or financials.
TL;DR Disclosure shows voting authority and a formal certification against control intent, important for governance records but neutral in itself.
The entry highlights that The London Company holds sole voting power over the full reported beneficial position (553,479 shares) while dispositive power is slightly different (524,026 sole, 827 shared). The filing’s certification that shares are not held to change or influence control is material to governance monitoring and shareholder records. This is a standard compliance disclosure that should be noted by governance teams but does not by itself indicate a change in board control or strategy.