Schwab discloses 6.14% E.W. Scripps (SSP) ownership stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Charles Schwab Investment Management Inc filed an amended Schedule 13G reporting a passive ownership stake in E.W. Scripps Co. The firm beneficially owns 4,722,317 shares of common stock, representing 6.14% of the class, with sole voting and dispositive power over all these shares.
The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of E.W. Scripps. The reporting person is organized in Delaware, and the event date for this ownership information is December 31, 2025.
Positive
- None.
Negative
- None.
FAQ
What percentage of E.W. Scripps (SSP) does Charles Schwab Investment Management own?
Charles Schwab Investment Management reports beneficial ownership of 6.14% of E.W. Scripps common stock. This equals 4,722,317 shares, giving it a notable but minority stake while remaining a passive investor without an intention to influence control.
Is Charles Schwab Investment Management seeking to influence control of E.W. Scripps (SSP)?
No. The filing certifies the shares were acquired and are held in the ordinary course of business. It explicitly states they are not held for the purpose of changing or influencing control or in connection with any transaction having that purpose or effect.
What type of filing did Charles Schwab Investment Management submit for its E.W. Scripps (SSP) position?
Charles Schwab Investment Management submitted an amended Schedule 13G. This form is typically used by qualified institutions and passive investors to report significant ownership stakes, confirming they are not seeking to influence or change control of the issuer.
What voting and dispositive powers does Charles Schwab Investment Management have over its E.W. Scripps (SSP) shares?
The firm reports sole voting power over 4,722,317 shares and sole dispositive power over the same amount. It reports zero shared voting power and zero shared dispositive power, indicating full control over how these shares are voted and disposed.
When was the ownership event date for Charles Schwab Investment Management’s E.W. Scripps (SSP) stake?
The event date for the reported ownership is December 31, 2025. This means the 4,722,317 shares and 6.14% ownership figure reflect the position as of that date, later certified and signed by the firm’s Chief Executive Officer, Omar Aguilar.