Wellington reports 4.51M NPB shares (13.07%)
Wellington Management filed an Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 4,507,932 shares of Northpointe Bancshares, Inc. Common Stock, representing 13.07% of the class as shown on the cover pages.
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Rhea-AI Filing Summary
Wellington Management filed an Amendment No. 2 to a Schedule 13G/A reporting beneficial ownership of 4,507,932 shares of Northpointe Bancshares, Inc. Common Stock, representing 13.07% of the class as shown on the cover pages.
The filing states these shares are owned of record by clients of Wellington investment advisers and that shared voting and dispositive power over 4,507,932 shares is held across Wellington entities. The filing identifies the CUSIP 66661N886 and includes the 03/31/2026 reference on the cover pages.
Insights
Wellington reports a ~13% passive stake held for clients.
Wellington Management and affiliated holding entities report shared voting and dispositive power over 4,507,932 shares of Northpointe Bancshares, representing 13.07%. The filing attributes record ownership to clients of the Wellington investment advisers rather than to a single investor.
Ownership is structured through multiple holding and adviser entities; the filing lists relevant affiliates and notes clients' rights to dividends or sale proceeds. Cash‑flow treatment and any planned disposition activity are not stated in the excerpt; subsequent filings would disclose changes in position.
Disclosure clarifies control attribution across Wellington entities.
The schedule specifies shared voting/dispositive power figures and identifies parent and adviser entities (e.g., Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP). The statement in Item 6 explains record ownership by adviser clients, and lists specific client entities where applicable.
Qualifiers about client-level holdings (no single client known over 5%) are included; the filing preserves the passive, advisory nature of ownership as presented. Material changes would appear in future amendments.
Key Figures
Key Terms
beneficially owned regulatory
investment adviser (IA) financial
Schedule 13G/A regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Which Wellington entities are named in the Schedule 13G/A for NPB?
What date or period does the Schedule 13G/A reference for this ownership?
Does the filing identify any single client holding more than 5% of NPB?
AI-generated analysis. How Rhea-AI works. Not financial advice.