Vanda holder reports 2.8% passive stake
Vanda Pharmaceuticals Inc. received an amended Schedule 13G/A from Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander reporting a passive ownership position.
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Rhea-AI Filing Summary
Vanda Pharmaceuticals Inc. received an amended Schedule 13G/A from Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander reporting a passive ownership position. The group reports beneficial ownership of 1,679,013 shares of Vanda common stock, representing 2.8% of the outstanding class as of the 12/31/2025 event date. All voting and dispositive power over these shares is reported as shared, with no sole voting or dispositive power. The filers state that the securities were not acquired and are not held for the purpose of changing or influencing control of Vanda, but instead are held on a passive basis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in Vanda Pharmaceuticals Inc. (VNDA) is reported in this Schedule 13G/A?
The filing reports beneficial ownership of 1,679,013 shares of Vanda Pharmaceuticals Inc. common stock, representing 2.8% of the outstanding class as of the event date.
Who are the reporting persons in this Vanda Pharmaceuticals Inc. (VNDA) Schedule 13G/A?
The reporting persons are Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, who together report shared voting and dispositive power over the disclosed shares.
Is the Vanda Pharmaceuticals Inc. (VNDA) stake reported as passive or for control purposes?
The filers certify that the securities were not acquired and are not held for the purpose of changing or influencing the control of Vanda Pharmaceuticals Inc., indicating a passive ownership intent.
Why does Millennium report less than 5% ownership in Vanda Pharmaceuticals Inc. (VNDA)?
Under Item 5, the filers note ownership of 5 percent or less of the class, with the reported 2.8% stake indicating their holdings are below the 5% threshold that often signals a larger influential position.
AI-generated analysis. How Rhea-AI works. Not financial advice.