Systematic Financial discloses 6.33% TrustCo Bank (TRST) ownership in Schedule 13G
Rhea-AI Filing Summary
Systematic Financial Management reported beneficial ownership of 1,175,389 shares of TrustCo Bank Corp NY common stock as of 12/31/2025, representing 6.33% of the outstanding class.
The firm has sole voting power over 671,514 shares and sole dispositive power over 1,175,389 shares, with no shared voting or dispositive power. The securities are certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the company.
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FAQ
What ownership stake does Systematic Financial Management report in TrustCo Bank Corp NY (TRST)?
Systematic Financial Management reports beneficial ownership of 1,175,389 TrustCo Bank Corp NY common shares, representing 6.33% of the class. This level of ownership requires a Schedule 13G filing under SEC rules for holders exceeding the 5% threshold.
As of what date is Systematic Financial Management’s ownership in TRST measured?
The reported ownership position is measured as of December 31, 2025, which is the event date that triggered the Schedule 13G filing. All share and percentage figures in the disclosure relate to holdings on that specific date.
Is Systematic Financial Management seeking to influence control of TrustCo Bank Corp NY?
The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of TrustCo Bank Corp NY, consistent with the passive ownership framework of a Schedule 13G.
What type of security in TrustCo Bank Corp NY is covered by this Schedule 13G filing?
The filing covers TrustCo Bank Corp NY common stock with CUSIP 898349204. Systematic Financial Management’s beneficial ownership, voting power, and dispositive power described in the Schedule 13G all relate specifically to this class of common equity securities.