Charles Schwab (SVC) reports 7.83M shares (4.66%) ownership
Rhea-AI Filing Summary
Charles Schwab Investment Management Inc. reports beneficial ownership of 7,834,752 shares of Service Properties Trust common stock, representing 4.66% of the class. The filing is an Amendment No. 1 to a Schedule 13G/A and lists voting and dispositive power as solely held by the filer. The form cites CUSIP 81761L102 and shows the reporting period date 03/31/2026; the signature is dated 05/13/2026.
Positive
- None.
Negative
- None.
Insights
Large passive position disclosed: 7,834,752 shares (4.66%).
The filing records beneficial ownership of 7,834,752 shares with sole voting and dispositive power as of 03/31/2026. It is an amended Schedule 13G, indicating passive investor status under reporting rules rather than an active Section 13(d) acquisition.
Stake size is below 5% and therefore does not trigger 13D control presumptions; subsequent filings would show changes in position or voting intent.