Trustee controls a tenth of Prothena (PRTA) stock via trusts
Rhea-AI Filing Summary
Prothena Corp Public Ltd Co (PRTA) reports in this amended Schedule 13G that Todd W. Fennell may be deemed the beneficial owner of 5,248,846 Ordinary Shares, held entirely through trusts where he serves as independent trustee. This represents approximately 10.22% of the Ordinary Shares outstanding, based on 51,336,974 shares outstanding as of July 30, 2026. All voting and dispositive authority over these shares is reported as shared, with no sole voting or dispositive power. Fennell disclaims beneficial ownership of shares in which he has no pecuniary interest and expressly disclaims any status as part of a group with any other party.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 5,248,846 Ordinary Shares
Ownership percentage: 10.22 %
Shares outstanding: 51,336,974 Ordinary Shares
+4 more
7 metrics
Beneficially owned shares
5,248,846 Ordinary Shares
Ordinary Shares which Todd W. Fennell may be deemed to beneficially own
Ownership percentage
10.22 %
Approximate percent of Prothena’s Ordinary Shares outstanding as of July 30, 2026
Shares outstanding
51,336,974 Ordinary Shares
Number of Prothena Ordinary Shares outstanding as of July 30, 2026
Trust-held shares (various trusts)
215,000 Ordinary Shares
Shares owned by various trusts where Fennell is independent trustee
GRAT-held shares
5,033,846 Ordinary Shares
Shares owned by various grantor retained annuity trusts where Fennell is independent trustee
Shared voting power
5,248,846 Ordinary Shares
Shares over which Fennell has shared power to vote or direct the vote
Shared dispositive power
5,248,846 Ordinary Shares
Shares over which Fennell has shared power to dispose or direct disposition
Key Terms
beneficial owner, grantor retained annuity trusts, shared voting power, shared dispositive power, +1 more
5 terms
beneficial owner financial
"The Reporting Person may be deemed to be the beneficial owner of 5,248,846 Ordinary Shares."
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.
grantor retained annuity trusts financial
"5,033,846 Ordinary Shares owned in the aggregate by various grantor retained annuity trusts"
A grantor retained annuity trust (GRAT) is an estate-planning tool where an owner transfers assets into a trust and receives fixed payments back for a set number of years; any remaining assets after that period pass to designated beneficiaries. For investors it matters because it can move future investment growth to heirs while potentially reducing gift and estate taxes — like putting a rising asset in a timed box that pays you first and gives the remaining upside to others.
pecuniary interest financial
"disclaims beneficial ownership of all Ordinary Shares to which the Reporting Person does not have a pecuniary interest"
FAQ
What percentage of Prothena (PRTA) does Todd W. Fennell report beneficially owning?
Todd W. Fennell reports beneficial ownership of approximately 10.22% of Prothena’s Ordinary Shares. This is based on 5,248,846 shares compared to 51,336,974 shares outstanding as of July 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.