Morgan Stanley (PROK) filings show ProKidney stake at 4.7% and below 5% level
Rhea-AI Filing Summary
Morgan Stanley and an affiliate reported their current ownership in ProKidney Corp. Class A common stock on a Schedule 13G/A amendment. Morgan Stanley reported aggregate beneficial ownership of 9,653,756 shares with 4.7% of the class, all through shared voting and dispositive power. Morgan Stanley Investment Management Inc. reported beneficial ownership of 9,642,992 shares, also representing 4.7% of the class, with no sole voting or dispositive power. Both entities stated that, as of the reporting date, each has ceased to be the beneficial owner of more than five percent of this class of securities.
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Key Figures
Morgan Stanley beneficial ownership: 9,653,756 shares
Morgan Stanley Investment Management ownership: 9,642,992 shares
Ownership percentage: 4.7%
+2 more
5 metrics
Morgan Stanley beneficial ownership
9,653,756 shares
Total ProKidney Class A shares beneficially owned by Morgan Stanley
Morgan Stanley Investment Management ownership
9,642,992 shares
Total ProKidney Class A shares beneficially owned by Morgan Stanley Investment Management Inc.
Ownership percentage
4.7%
Percent of ProKidney Class A common stock beneficially owned by each reporting person
Shared voting power (Morgan Stanley)
9,349,605 shares
ProKidney shares over which Morgan Stanley has shared voting power
Shared dispositive power (Morgan Stanley)
9,646,889 shares
ProKidney shares over which Morgan Stanley has shared dispositive power
Key Terms
beneficial owner, shared voting power, shared dispositive power, Schedule 13G
4 terms
beneficial owner financial
"has ceased to be the beneficial owner of more than five percent"
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.
Schedule 13G regulatory
"this filing reflects the securities beneficially owned ... of Morgan Stanley"
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 ProKidney (PROK) stake does Morgan Stanley currently report?
Morgan Stanley reports beneficial ownership of 9,653,756 ProKidney Class A shares, representing 4.7% of the class, held entirely through shared voting and shared dispositive power, with no sole power over any shares.
What ProKidney (PROK) stake does Morgan Stanley Investment Management report?
Morgan Stanley Investment Management Inc. reports beneficial ownership of 9,642,992 ProKidney Class A shares, representing 4.7% of the class, with no sole voting or dispositive power and all authority classified as shared.
Has Morgan Stanley remained a 5% beneficial owner of ProKidney (PROK)?
No. Both Morgan Stanley and Morgan Stanley Investment Management Inc. state that, as of the reporting date, each has ceased to be the beneficial owner of more than five percent of ProKidney’s Class A common stock.
Where is ProKidney (PROK) headquartered according to this filing?
ProKidney Corp.’s principal executive offices are listed at 2000 Frontis Plaza Blvd., Suite 250, Winston-Salem, NC 27103, providing the official corporate address for the issuer’s headquarters in this ownership report.
Are Morgan Stanley and its affiliate U.S. entities in this ProKidney (PROK) filing?
Yes. Both Morgan Stanley and Morgan Stanley Investment Management Inc. are organized in Delaware, with principal business offices at 1585 Broadway, New York, NY 10036, as disclosed in the ownership report.
AI-generated analysis. How Rhea-AI works. Not financial advice.