Pure Storage: BlackRock reports 10.1% ownership stake
BlackRock, Inc. filed an amended ownership report on Pure Storage, Inc., disclosing beneficial ownership of 33,158,593 shares of Pure Storage Class A stock, representing 10.1% of the class.
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Rhea-AI Filing Summary
BlackRock, Inc. filed an amended ownership report on Pure Storage, Inc., disclosing beneficial ownership of 33,158,593 shares of Pure Storage Class A stock, representing 10.1% of the class.
BlackRock has sole power to vote 31,172,808 of these shares and sole power to dispose of 33,158,593 shares, with no shared voting or dispositive power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Pure Storage. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Pure Storage’s outstanding common shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much of Pure Storage (PSTG) does BlackRock report owning in this Schedule 13G/A?
What dispositive power does BlackRock hold over its Pure Storage (PSTG) stake?
Is BlackRock’s Pure Storage (PSTG) position considered passive or for control purposes?
Do any single BlackRock clients hold more than 5% of Pure Storage (PSTG)?
Who signed the BlackRock ownership report on Pure Storage (PSTG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.