Sessa Capital discloses 8.8% Atrium Therapeutics (RNA) ownership through managed funds
Rhea-AI Filing Summary
Sessa Capital IM, L.P. and John Petry report beneficial ownership of common stock of Atrium Therapeutics, Inc. They report beneficial ownership of 1,500,000 shares of common stock, representing 8.8% of the class, based on 17,105,643 shares outstanding as of May 5, 2026 as reported by the company. Voting and dispositive power over these shares is described as shared, with no sole voting or dispositive power reported. The shares are held by certain Sessa funds for which Sessa Capital IM, L.P. acts as investment manager, and Sessa Capital (Master), L.P. is identified as having the right to receive dividends or sale proceeds from more than 5% of the company’s common stock.
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Key Figures
Shares beneficially owned: 1,500,000 shares
Percent of class: 8.8%
Shares outstanding baseline: 17,105,643 shares
+1 more
4 metrics
Shares beneficially owned
1,500,000 shares
Common stock of Atrium Therapeutics reported as beneficially owned by the reporting persons
Percent of class
8.8%
Portion of Atrium Therapeutics common stock beneficially owned by the reporting persons
Shares outstanding baseline
17,105,643 shares
Atrium Therapeutics common stock outstanding as of May 5, 2026
Ownership threshold exceeded
5% of class
Sessa Capital (Master), L.P. has rights to dividends or proceeds from more than 5% of the class
Key Terms
beneficial owner, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficial owner regulatory
"The filing of this statement should not be construed as an admission that any Reporting Person is, for purposes of Section 13 of the Act, the beneficial owner"
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.
percent of class financial
"Percent of class: 8.8%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Investment Company Act of 1940 regulatory
"A listing of the shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
FAQ
How much of Atrium Therapeutics, Inc. (RNA) does Sessa Capital IM, L.P. beneficially own?
Sessa Capital IM, L.P. reports beneficial ownership of 1,500,000 shares of Atrium Therapeutics common stock, representing 8.8% of the outstanding class, based on 17,105,643 shares outstanding as of May 5, 2026.
Who are the reporting persons in this Atrium Therapeutics (RNA) Schedule 13G?
The reporting persons are Sessa Capital IM, L.P. and John Petry. Sessa Capital IM, L.P. serves as investment manager to certain funds holding Atrium shares, and John Petry is the sole member and manager of Sessa Capital IM GP, LLC, the general partner of Sessa IM.
What percentage of Atrium Therapeutics (RNA) is used to calculate Sessa Capital’s 8.8% stake?
The 8.8% beneficial ownership is calculated using 17,105,643 shares of Atrium Therapeutics common stock outstanding as of May 5, 2026, as reported in the company’s Form 10-Q for the quarter ended March 31, 2026.
Which Sessa fund has rights to dividends or sale proceeds from Atrium Therapeutics (RNA) shares?
The filing states that Sessa Capital (Master), L.P., a Sessa fund, has the right to receive or direct the receipt of dividends or sale proceeds from more than 5% of Atrium Therapeutics’ common stock.
What is the relationship of John Petry to Sessa Capital IM, L.P. in the Atrium (RNA) filing?
John Petry is described as the sole member and manager of Sessa Capital IM GP, LLC, which is the general partner of Sessa Capital IM, L.P. He is a United States citizen and signs both as an individual and in this managerial capacity.
AI-generated analysis. How Rhea-AI works. Not financial advice.