BlackRock, Inc. (VERI) reports 7.1% beneficial ownership in Veritone common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of Veritone, Inc. common stock on a Schedule 13G. BlackRock and certain of its business units collectively hold 6,571,304 shares of Veritone common stock, representing 7.1% of the outstanding class.
BlackRock has sole voting power over 6,502,934 shares and sole dispositive power over 6,571,304 shares, with no shared voting or dispositive power. Various underlying clients have rights to dividends and sale proceeds, but no single client holds more than five percent of Veritone’s total outstanding common shares.
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Key Figures
Beneficially owned shares: 6,571,304 shares
Ownership percentage: 7.1%
Sole voting power: 6,502,934 shares
+3 more
6 metrics
Beneficially owned shares
6,571,304 shares
Veritone common stock beneficially owned by BlackRock and certain business units
Ownership percentage
7.1%
Percent of Veritone common stock class beneficially owned by BlackRock
Sole voting power
6,502,934 shares
Shares for which BlackRock has sole power to vote or direct the vote
Shared voting power
0 shares
Shares for which BlackRock has shared power to vote or direct the vote
Sole dispositive power
6,571,304 shares
Shares for which BlackRock has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares for which BlackRock has shared power to dispose or direct disposition
Key Terms
Schedule 13G, beneficially owned, sole voting power, sole dispositive power, +1 more
5 terms
Schedule 13G regulatory
"BlackRock, Inc. reports beneficial ownership of Veritone, Inc. common stock on a Schedule 13G."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 6,502,934.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 6,571,304.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company regulatory
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Veritone, Inc. (VERI) does BlackRock currently own?
BlackRock reports beneficial ownership of 7.1% of Veritone’s common stock. This is based on 6,571,304 shares held by certain BlackRock business units, as disclosed in the Schedule 13G filing.
Who ultimately benefits from BlackRock’s Veritone (VERI) holdings?
The filing explains that various persons have rights to dividends or sale proceeds from Veritone shares held by BlackRock. However, no single person’s interest exceeds five percent of Veritone’s total outstanding common shares.
Why is BlackRock filing a Schedule 13G for Veritone (VERI)?
A Schedule 13G is filed when an investor holds more than 5% of a class of registered equity securities. BlackRock’s 7.1% beneficial ownership in Veritone common stock triggers this reporting requirement.
Which BlackRock entity signed the Veritone (VERI) Schedule 13G?
The Schedule 13G is filed by BlackRock, Inc., a Delaware corporation, and is signed by Spencer Fleming, Managing Director, under a Power of Attorney referenced as Exhibit 24.