BlackRock reports 4.9% stake in Summit Midstream
BlackRock, Inc. filed Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership of 612,798 shares of Summit Midstream Corp common stock, equal to 4.9% of the class.
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership of 612,798 shares of Summit Midstream Corp common stock, equal to 4.9% of the class. The filing attributes these holdings to certain Reporting Business Units of BlackRock and shows sole voting power for 602,656 shares and sole dispositive power for 612,798 shares. The cover lists Summit Midstream Corp's principal office at 910 Louisiana Street, Suite 4200, Houston, TX. The amendment is signed by Spencer Fleming, Managing Director, dated 04/27/2026. The filing states that no single outside person holds more than 5% of the common stock.
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Insights
BlackRock reports a passive 4.9% ownership stake via Reporting Business Units.
BlackRock's Schedule 13G/A amendment lists 612,798 shares beneficially owned, with 602,656 shares subject to sole voting power and 612,798 shares subject to sole dispositive power. The filing follows the exempt reporting format for passive institutional investors.
Key dependencies include the internal aggregation rules noted in the text: holdings are reported for certain business units only. Subsequent filings would disclose any qualifying change above 5% or a shift in intent that requires Schedule 13D treatment.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned regulatory
sole dispositive power regulatory
FAQ
What stake does BlackRock report in Summit Midstream (SMC)?
When was the Schedule 13G/A amendment signed?
Does the filing say BlackRock owns more than 5% of SMC?
Which business units of BlackRock are included in this filing?
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