Charles Schwab Reports 3.66M‑Share Stake in E.W. Scripps (SSP)
Rhea-AI Filing Summary
E.W. SCRIPPS Co ownership update: Charles Schwab Investment Management Inc. reports beneficial ownership of 3,662,774 shares of Common Stock, representing 4.11% of the class as stated in the Schedule 13G/A. The filing lists sole voting and dispositive power over the 3,662,774 shares. The filing is signed by Omar Aguilar, Chief Executive Officer, on 05/13/2026.
Positive
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Negative
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Insights
Large passive holder reports a sub-5% stake in SSP.
The filing shows Charles Schwab Investment Management Inc. beneficially owns 3,662,774 shares, equal to 4.11% of the Common Stock. The record lists sole voting and dispositive power over those shares, indicating centralized voting authority for this position.
Because the position is below the 5% threshold, it aligns with routine institutional disclosures; subsequent filings would show material changes if the stake crosses regulatory thresholds. Timing and trade activity are not detailed in the excerpt.
Schedule 13G/A used for passive reporting; regulatory threshold context matters.
The use of a Schedule 13G/A indicates passive or 5%‑or‑less reporting status; the excerpt explicitly states "Ownership of 5 percent or less of a class." The filing records voting and dispositive powers but does not describe acquisition method or trading dates.
Regulatory implications are limited while the stake remains under 5.00%; any increase above that level would require different filing treatment. Further transaction details would appear in later amendments if holders change position.