BlackRock (NYSE: BLK) discloses 5.2% ownership in Perma-Pipe International
Rhea-AI Filing Summary
BlackRock, Inc. has filed as an institutional shareholder of PERMA PIPE INTERNATIONAL HOLDINGS, reporting beneficial ownership of 424,326 shares of common stock, representing 5.2% of the outstanding class as of the reporting date.
BlackRock reports sole voting power over 417,611 shares and sole dispositive power over 424,326 shares, with no shared voting or dispositive power. The filing clarifies that various underlying clients and investors have rights to dividends or sale proceeds, but no single underlying person holds more than 5% of the company’s common shares.
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Key Figures
Beneficial ownership: 424,326 shares
Percent of class: 5.2%
Sole voting power: 417,611 shares
+3 more
6 metrics
Beneficial ownership
424,326 shares
Common stock beneficially owned by BlackRock, Inc.
Percent of class
5.2%
Portion of PERMA PIPE common stock class held by BlackRock
Sole voting power
417,611 shares
Shares for which BlackRock has sole power to vote or direct the vote
Shared voting power
0
Shares with shared power to vote or direct the vote
Sole dispositive power
424,326 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0
Shares with shared dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 417,611.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 424,326.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 this reflects the securities beneficially owned"
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.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of PERMA PIPE INTERNATIONAL HOLDINGS (PPIH) does BlackRock own?
BlackRock reports beneficial ownership of 5.2% of PERMA PIPE INTERNATIONAL HOLDINGS’ common stock. This corresponds to 424,326 shares of common stock held through certain BlackRock business units, as disclosed in the Schedule 13G filing.
Who ultimately benefits from BlackRock’s holdings in PERMA PIPE INTERNATIONAL HOLDINGS (PPIH)?
The filing explains that various persons have the right to receive dividends or sale proceeds from PPIH shares held by BlackRock. However, no single underlying person has an interest exceeding five percent of the company’s total outstanding common shares.
Which BlackRock entity signed the Schedule 13G for PERMA PIPE INTERNATIONAL HOLDINGS (PPIH)?
The Schedule 13G is filed by BlackRock, Inc., with the signature executed by Spencer Fleming, Managing Director. The filing also references Exhibit 24 (Power of Attorney) and Exhibit 99 for additional subsidiary identification details.
What class of securities in PERMA PIPE INTERNATIONAL HOLDINGS (PPIH) does BlackRock report owning?
BlackRock reports beneficial ownership in the Common Stock of PERMA PIPE INTERNATIONAL HOLDINGS. The filing identifies the security by its CUSIP number 714167103 and states that the reported ownership relates specifically to this class.