FMR discloses 1.3% Netskope (NTSK) stake in Class A shares
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson have reported a modest equity position in Netskope Inc. They disclose beneficial ownership of 1,140,867 shares of Netskope Class A common stock, representing 1.3% of the class. FMR LLC holds sole voting and dispositive power over these shares, while Johnson reports sole dispositive power.
The ownership is certified as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Netskope. One or more other persons have rights to dividends or sale proceeds from these shares, but no such person holds more than 5% of the class.
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FAQ
What stake in Netskope (NTSK) did FMR LLC report?
FMR LLC reported beneficial ownership of 1,140,867 shares of Netskope Class A common stock, representing 1.3% of the class. FMR LLC has sole voting and dispositive power over these shares, according to the Schedule 13G/A amendment details.
Who are the reporting persons in this Netskope (NTSK) ownership filing?
The filing lists FMR LLC and Abigail P. Johnson as reporting persons. FMR LLC is organized in Delaware, while Johnson is a U.S. citizen. Both report beneficial ownership of the same 1,140,867 Netskope Class A shares under the Schedule 13G/A.
Does FMR LLC intend to influence control of Netskope (NTSK)?
The filing states the Netskope securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. It also notes they are not held in connection with any transaction having that control-related purpose or effect.
What does Item 5 indicate about FMR’s Netskope (NTSK) ownership level?
Item 5 states the position represents ownership of 5 percent or less of Netskope’s Class A common stock. This aligns with the reported 1.3% beneficial ownership, confirming the stake is below the 5% regulatory threshold for larger block holders.