State Street Corporation (SOC) discloses 5.1% holding in Sable Offshore common stock
Rhea-AI Filing Summary
State Street Corporation reported beneficial ownership of common stock of Sable Offshore Corp. State Street and its investment management subsidiaries collectively beneficially own 7,827,902 shares of Sable Offshore common stock, representing 5.1% of the class.
State Street reports no sole voting or dispositive power, with 7,563,324 shares subject to shared voting power and 7,827,902 shares subject to shared dispositive power through entities including SSGA Funds Management, Inc. and State Street Global Advisors affiliates.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 7,827,902 shares
Percent of class: 5.1 %
Shared voting power: 7,563,324 shares
+3 more
6 metrics
Beneficial ownership
7,827,902 shares
Amount of Sable Offshore Corp common stock beneficially owned by State Street
Percent of class
5.1 %
Percentage of Sable Offshore Corp common stock class beneficially owned
Shared voting power
7,563,324 shares
Shares over which State Street has shared power to vote or direct the vote
Shared dispositive power
7,827,902 shares
Shares over which State Street has shared power to dispose or direct disposition
Sole voting power
0
Shares over which State Street has sole power to vote or direct the vote
Sole dispositive power
0
Shares over which State Street has sole power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 7827902.00"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Investment Company Act of 1940 regulatory
"investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Sable Offshore Corp (SOC) does State Street Corporation own?
State Street Corporation reports beneficial ownership of 5.1% of Sable Offshore Corp’s common stock, representing 7,827,902 shares as disclosed under Schedule 13G.
Does any other person have rights to dividends or sale proceeds from Sable Offshore Corp (SOC) shares held by State Street?
The filing states “NOT APPLICABLE” for ownership of more than 5 percent on behalf of another person, indicating no such separate right is disclosed under this item.