HRT Financial LP discloses 71,842 SHPH shares as ten percent owner
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HRT Financial LP filed an initial ownership report for Shuttle Pharmaceuticals Holdings, Inc. as a ten percent owner. The filing shows direct ownership of 71,842 shares of Common Stock following the reported date. This Form 3 establishes HRT Financial LP’s starting equity position as a large shareholder.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HRT FINANCIAL LP
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 71,842 shares (Direct, null)
Footnotes (1)
Key Figures
Common Stock held: 71,842 shares
1 metrics
Common Stock held
71,842 shares
Total shares directly owned following the reported position
Key Terms
ten percent owner, Form 3, beneficial ownership
3 terms
ten percent owner financial
"is_ten_percent_owner": 1"
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial statement of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does HRT Financial LP report in its Form 3 for SHPH?
HRT Financial LP reports direct ownership of 71,842 shares of Shuttle Pharmaceuticals Common Stock. This Form 3 serves as the initial statement of beneficial ownership because HRT Financial LP is a ten percent owner in the company’s equity.
Is HRT Financial LP a ten percent owner of Shuttle Pharmaceuticals (SHPH)?
Yes, HRT Financial LP is identified as a ten percent owner of Shuttle Pharmaceuticals. That ownership status triggers the requirement to file Form 3, which discloses its beneficial holdings in the company’s Common Stock as of the reported date.
Why did HRT Financial LP file a Form 3 for Shuttle Pharmaceuticals (SHPH)?
HRT Financial LP filed Form 3 because it is a ten percent beneficial owner of Shuttle Pharmaceuticals. SEC rules require such large shareholders to report their initial holdings, making this an ownership disclosure rather than a transactional filing.