FMR LLC (SUNC) discloses 8.9% SUNOCOCORP LLC stake under passive ownership filing
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
FMR LLC, a Delaware entity, reported beneficial ownership of 4,590,331 shares of SUNOCOCORP LLC common stock, representing 8.9% of the class as of the event date. FMR has sole voting and dispositive power over these shares, and they are held in the ordinary course of business.
Abigail P. Johnson, a U.S. person, is also reported as beneficial owner of the same 4,590,331 shares with sole dispositive power. One or more other persons may receive dividends or sale proceeds, but no other person’s interest exceeds five percent of the outstanding common stock.
Positive
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FAQ
What stake does FMR LLC report in SUNOCOCORP LLC (SUNC) common stock?
FMR LLC reports beneficial ownership of 4,590,331 shares of SUNOCOCORP LLC common stock, representing 8.9% of the outstanding class. FMR holds sole voting and dispositive power over essentially all of these shares under ordinary-course investment arrangements.
How much of SUNOCOCORP LLC does Abigail P. Johnson beneficially own?
Abigail P. Johnson is reported as beneficial owner of 4,590,331 SUNOCOCORP LLC common shares, equal to 8.9% of the class. She is shown with sole dispositive power over these shares, while voting power is reported at zero, indicating disposition authority without corresponding voting authority.
Is FMR LLC’s SUNOCOCORP LLC (SUNC) position intended to influence control?
The filing states the securities were acquired and are held in the ordinary course of business and not for changing or influencing control of SUNOCOCORP LLC. It also notes they are not held in connection with any transaction having such a purpose, except limited proxy nomination activities referenced in the certification.
What are the voting and dispositive powers reported for FMR LLC in this SUNC filing?
FMR LLC reports sole voting power over 4,590,252 SUNOCOCORP LLC common shares and sole dispositive power over 4,590,331 shares, with no shared voting or dispositive power. This indicates FMR alone directs most voting and all disposition decisions for the reported holdings.
When did the SUNOCOCORP LLC ownership position trigger this Schedule 13G?
The date of the event requiring the Schedule 13G filing is listed as December 31, 2025. That date reflects when the ownership level or status met the regulatory threshold requiring this beneficial ownership disclosure for SUNOCOCORP LLC common stock.