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Allspring Global discloses 4.58M Reynolds shares, passive holding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Allspring Global Investments Holdings, LLC filed Amendment No. 3 to Schedule 13G reporting its holdings in Reynolds Consumer Products Inc. (REYN) as of 30 June 2025. The filing shows:

  • Beneficial ownership: 4,580,165 common shares.
  • Voting power: Sole power to vote 4,104,856 shares; no shared voting power.
  • Dispositive power: Sole power over 4,580,165 shares; no shared dispositive power.
  • Percentage of class: 2.2 % of REYN’s outstanding common stock, falling below the 5 % threshold.
  • Filer status: Classified as a parent holding company/control person ("HC"), organized in Delaware.
  • Intent: Securities were acquired in the ordinary course of business with no intent to influence control of the issuer.

The certification is signed by Senior Compliance Manager Jennifer Grunberg on 08 July 2025. Exhibit A lists Allspring Global Investments, LLC and Allspring Funds Management, LLC as the investment advisers whose clients own the reported securities.

Positive

  • Institutional support: Allspring holds 4.58 million REYN shares, demonstrating continued interest from a reputable asset manager.

Negative

  • None.

Insights

TL;DR: Passive 2.2 % stake by Allspring signals routine institutional ownership; minimal impact on REYN’s governance or valuation.

Allspring’s filing shows a modest, sub-5 % position, confirming it is a passive shareholder with no control ambitions. The disclosure neither introduces a new large holder nor indicates activism, so immediate market impact is limited. For investors, the filing provides transparency on institutional support—4.6 million shares—but does not alter the strategic outlook. The reduction (or maintenance) below the 5 % threshold also means fewer future reporting obligations, possibly reducing news-flow around the position.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



Allspring Global Investments Holdings, LLC
Signature:Jennifer Grunberg
Name/Title:Senior Compliance Manager
Date:07/08/2025
Exhibit Information

Exhibit A Subsidiary Allspring Global Investments, LLC - IA Allspring Funds Management, LLC - IA *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this schedule 13G.

FAQ

How many Reynolds (REYN) shares does Allspring Global Investments hold?

Allspring reports beneficial ownership of 4,580,165 common shares.

What percentage of REYN’s outstanding stock does this represent?

The stake equals 2.2 % of the company’s common shares.

Does Allspring have voting control over these shares?

Yes. It has sole voting power over 4,104,856 shares and no shared voting power.

Is Allspring’s investment considered passive or activist?

The filing certifies the shares are held in the ordinary course of business with no intent to influence control.

Why is this filed as a Schedule 13G/A Amendment 3?

It updates Allspring’s ownership, confirming it owns less than 5 %, thus qualifying for the 13G passive filing.