Sable Offshore: Morgan Stanley stake cut to 1.1%
Sable Offshore Corp. (SOC) received an amended Schedule 13G indicating that Morgan Stanley and an affiliate have reduced their beneficial ownership of the company’s common stock to a small, sub-5% position.
Rhea-AI Filing Summary
Sable Offshore Corp. (SOC) received an amended Schedule 13G indicating that Morgan Stanley and an affiliate have reduced their beneficial ownership of the company’s common stock to a small, sub-5% position. Morgan Stanley now reports beneficial ownership of 2,149,433 shares, representing 1.1% of the common stock, with no sole voting or dispositive power.
Morgan Stanley Capital Services LLC reports beneficial ownership of 1,595,078 shares, representing 0.8% of the common stock, all with shared voting and dispositive power. Both reporting persons state that, as of the filing date, they have ceased to be beneficial owners of more than five percent of this class of securities.
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Key Figures
Key Terms
beneficial owner financial
Schedule 13G regulatory
parent holding company financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership change in SOC does this Schedule 13G/A report for Morgan Stanley?
Does Morgan Stanley still hold more than 5% of Sable Offshore Corp. (SOC)?
Where is Sable Offshore Corp. headquartered according to this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.