Bay Pond Partners Files Schedule 13G/A for Territorial Bancorp (TBNK)
Rhea-AI Filing Summary
Bay Pond Partners, L.P. filed a Schedule 13G/A for Territorial Bancorp Inc. (common stock) reporting 0 shares beneficially owned, representing 0.00% of the class as of the event date 06/30/2025. The filing lists the issuer's executive office at 1003 Bishop Street, Pauahi Tower Suite 500, Honolulu, HI and gives the reporting person's principal business address as c/o Wellington Management Company LLP, 280 Congress Street, Boston, MA.
The disclosure states the reporting person is organized in Delaware, shows zero sole or shared voting and dispositive power, and includes a certification that the securities were not acquired to influence control of the issuer. The statement is signed by Ihsan Speede as Authorized Person on 08/12/2025 and references Wellington Alternative Investments LLC as the general partner.
Positive
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Negative
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Insights
TL;DR: Routine ownership filing; reports no economic stake and conveys no material change to shareholder base.
The Schedule 13G/A from Bay Pond Partners reports an aggregate beneficial ownership of 0 shares (0.00%), with zero voting and dispositive power. For investors, this filing provides transparency that the filer does not hold an economic interest in Territorial Bancorp Inc. and explicitly certifies the securities were not acquired to influence control. The document is procedural and contains no financial metrics or transactions that would affect valuation or governance.
TL;DR: No governance implications; filer disclaims any intent or position to influence issuer control.
The filing lists the reporting person as organized in Delaware and includes the full Item disclosures, while indicating 0 sole/shared voting and dispositive powers. The certification language and signature by an authorized person on 08/12/2025 reinforce that this is a compliance disclosure rather than an indication of a strategic stake or a group forming for control purposes. Items related to group membership and subsidiaries are marked Not Applicable in the filing.