BlackRock (NYSE: BLK) reports 7.8% beneficial stake in Sagimet Biosciences (SGMT)
Rhea-AI Filing Summary
BlackRock, Inc. reports a passive ownership position in Sagimet Biosciences Inc. (Class A Stock) on a Schedule 13G. As of June 30, 2026, BlackRock’s reporting business units beneficially owned 4,751,186 Class A shares, representing 7.8% of the class.
BlackRock has sole voting power over 4,690,270 shares and sole dispositive power over all 4,751,186 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Sagimet’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 4,751,186 shares
Ownership percentage: 7.8 %
Sole voting power: 4,690,270 shares
+3 more
6 metrics
Beneficial ownership
4,751,186 shares
Class A Stock beneficially owned by BlackRock business units as of June 30, 2026
Ownership percentage
7.8 %
Percent of Sagimet Biosciences Class A Stock beneficially owned
Sole voting power
4,690,270 shares
Shares for which BlackRock has sole power to vote or direct the vote
Sole dispositive power
4,751,186 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Shared voting power
0
Shares with shared voting power reported by BlackRock
Shared dispositive power
0
Shares with shared dispositive power reported by BlackRock
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 4,690,270.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 4,751,186.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 this Schedule 13G reflects the securities beneficially owned"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Sagimet Biosciences (SGMT) does BlackRock report owning?
BlackRock reports beneficial ownership of 7.8% of Sagimet Biosciences’ Class A Stock. This stake, held by certain BlackRock business units, is detailed in a Schedule 13G as of June 30, 2026.
Is any single BlackRock client a more-than-5% holder of Sagimet Biosciences (SGMT)?
No single BlackRock client holds more than 5% of Sagimet’s outstanding common shares. Various persons have rights to dividends or sale proceeds, but none exceeds the five percent threshold.
What type of filing did BlackRock submit regarding Sagimet Biosciences (SGMT)?
BlackRock submitted a Schedule 13G reporting passive beneficial ownership in Sagimet Biosciences’ Class A Stock. The filing covers holdings of certain BlackRock business units and is signed by a Managing Director.
Who signed BlackRock’s ownership report on Sagimet Biosciences (SGMT) and when?
The Schedule 13G was signed by Spencer Fleming, Managing Director at BlackRock, on July 30, 2026, with a Power of Attorney provided as Exhibit 24.