SCHEDULE 13G/A: Vanguard Group Amends BigCommerce Holdings Stake to 9.91%
Beneficial Ownership Report
The Vanguard Group has filed an amended Schedule 13G, disclosing an updated 9.91% beneficial ownership stake in BigCommerce Holdings Inc as of December 31, 2024.
Summary
- The Vanguard Group filed an Amendment No. 4 to Schedule 13G with the SEC.
- The filing reports beneficial ownership of common stock in BigCommerce Holdings Inc.
- As of December 31, 2024, The Vanguard Group beneficially owns an aggregate of 7,769,602 shares of BigCommerce Holdings Inc common stock.
- This ownership represents 9.91% of the total class of BigCommerce Holdings Inc common stock.
- The Vanguard Group holds sole dispositive power over 7,581,944 shares and shared dispositive power over 187,658 shares.
- The Vanguard Group holds shared voting power over 128,644 shares and no sole voting power (0 shares).
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 6
Explanation: The document is a routine compliance filing (Schedule 13G/A) disclosing institutional ownership. While the presence of a large institutional investor like Vanguard is generally viewed positively by the market, the filing itself is factual and neutral in tone, providing no explicit positive or negative commentary on the company's performance or outlook.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- The Vanguard Group, through its Head of Global Fund Administration, Ashley Grim, certified that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or with the effect of changing or influencing the control of BigCommerce Holdings Inc.
Industry Context
NA
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake in the company.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership snapshot). |
| 01/31/2025 | Date the Schedule 13G/A filing was signed by The Vanguard Group. |
Keywords
BigCommerce Holdings Inc, Vanguard Group, Schedule 13G, beneficial ownership, common stock, institutional investor, SEC filing
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