STOCK TITAN

BlackRock (SMC) reports 612,798 shares (4.9%) of Summit Midstream

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

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.

Positive

  • None.

Negative

  • None.

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.

Beneficial ownership 612,798 shares reported on Schedule 13G/A
Percent of class 4.9% Percent of Summit Midstream common stock
Sole voting power 602,656 shares shares with sole power to vote
Sole dispositive power 612,798 shares shares with sole power to dispose
Signature date 04/27/2026 date signed by Managing Director Spencer Fleming
Schedule 13G/A regulatory
"Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned regulatory
"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 dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 612,798"
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.





86614G101

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/27/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What stake does BlackRock report in Summit Midstream (SMC)?

BlackRock reports beneficial ownership of 612,798 shares, representing 4.9% of Summit Midstream Corp common stock. The filing attributes holdings to certain Reporting Business Units of BlackRock rather than to all firm units.

Does BlackRock control voting of the reported Summit Midstream shares?

The filing shows sole voting power for 602,656 shares and sole dispositive power for 612,798 shares. These figures indicate voting authority and disposition authority as reported by the specified Reporting Business Units.

When was the Schedule 13G/A amendment signed?

The amendment is signed by Spencer Fleming, Managing Director, and dated 04/27/2026. That date is the signature date shown on the filing cover page.

Does the filing say BlackRock owns more than 5% of SMC?

No. The filing states the ownership is 4.9% and explicitly notes that no one person's interest exceeds 5% of the total outstanding common shares as reported by the business units covered.

Which business units of BlackRock are included in this filing?

The filing states the reported shares reflect certain "Reporting Business Units" of BlackRock, Inc.; it does not list each unit by name. The aggregation follows SEC Release No. 34-39538 methodology referenced in the filing.