SCHEDULE 13G/A: BlackRock Amends Stake in MasterBrand, Inc., Disclosing 15.2% Beneficial Ownership
Beneficial Ownership Report
BlackRock, Inc. has filed an amendment to its Schedule 13G, reporting a beneficial ownership of 15.2% in MasterBrand, Inc.'s common stock as of March 31, 2025.
Summary
- BlackRock, Inc. has filed Amendment No. 2 to its Schedule 13G regarding its beneficial ownership in MasterBrand, Inc.
- As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 19,358,418 shares of MasterBrand, Inc. common stock.
- This ownership represents 15.2% of the total outstanding common stock of MasterBrand, Inc.
- BlackRock holds sole voting power over 19,117,813 shares and sole dispositive power over 19,358,418 shares.
- The filing indicates that BlackRock, Inc. is classified as a parent holding company and control person.
- One of BlackRock's entities, iShares Core S&P Small-Cap ETF, is noted to hold more than 5% of the total outstanding common stock of MasterBrand, Inc.
- BlackRock certifies that 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: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative performance indicators or forward-looking statements about the issuer's operations or financial health.
Future Outlook
NA
Industry Context
This filing is a standard disclosure required by the U.S. Securities and Exchange Commission (SEC) when an entity acquires more than 5% beneficial ownership of a company's stock. For large institutional investors like BlackRock, these filings are routine and reflect their portfolio management activities across numerous companies, providing transparency on significant holdings within their managed funds and portfolios.
Stakeholder Impact
- For shareholders of MasterBrand, Inc., this filing confirms that a significant institutional investor, BlackRock, holds a substantial stake, which can be viewed as a vote of confidence or simply a reflection of index/ETF holdings. It provides transparency regarding a major shareholder.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of the previously revoked Power of Attorney. |
| 01/21/2025 | Date of execution of the new Power of Attorney by BlackRock, Inc. |
| 03/31/2025 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 04/30/2025 | Date the Schedule 13G Amendment No. 2 was signed by BlackRock, Inc. |
Keywords
MasterBrand Inc, BlackRock, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Disclosure, Investment Management
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.