SCHEDULE: FMR LLC Reports 14.7% Stake in GPGI Inc.
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting beneficial ownership of 14.7% of GPGI Inc.'s Class A Common Stock as of June 30, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting their beneficial ownership of GPGI Inc. Class A Common Stock.
- As of June 30, 2026, FMR LLC beneficially owns 42,747,045.11 shares, representing 14.7% of the class.
- Abigail P. Johnson also beneficially owns 42,747,045.11 shares, representing 14.7% of the class.
- FMR LLC is classified as a holding company (HC).
- Abigail P. Johnson is classified as an insider (IN).
- The filing indicates that FMR LLC and its subsidiaries, along with other entities, are collectively referred to as the 'FMR Reporters'.
- The filing confirms that no single other person's interest in the Class A Common Stock exceeds five percent of the total outstanding shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports on beneficial ownership changes and does not contain operational or financial performance updates.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant stake, indicating continued investor confidence or strategic interest.
- The filing clarifies ownership structures, providing transparency to the market.
Negatives
- The filing does not provide any operational or financial performance data for GPGI Inc.
Risks
- The filing does not explicitly mention any risks associated with GPGI Inc.'s operations or market position.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and significant shareholders to report their holdings. This filing indicates FMR LLC's substantial investment in GPGI Inc., a common practice for asset managers seeking to disclose ownership stakes.
Related Party Transactions
- The filing mentions that members of the Johnson family, including Abigail P. Johnson, are predominant owners of Series B voting common shares of FMR LLC and have entered into a shareholders' voting agreement. This agreement may deem members of the Johnson family to form a controlling group with respect to FMR LLC under the Investment Company Act of 1940.
Stakeholder Impact
- Shareholders: Increased transparency regarding significant ownership stakes can influence investor sentiment and trading decisions.
- Management of GPGI Inc.: Awareness of FMR LLC's substantial holding may impact strategic discussions and corporate governance considerations.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to report any changes in their beneficial ownership of GPGI Inc. Class A Common Stock as required by SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 01/03/2023 | Effective date for Power of Attorney for FMR LLC. |
| 01/31/2023 | Effective date for Power of Attorney for Abigail P. Johnson. |
| 06/30/2026 | Date of Event Which Requires Filing of this Statement. |
| 08/05/2026 | Date of joint filing agreement and signatures. |
Keywords
Schedule 13G, Beneficial Ownership, FMR LLC, Abigail P. Johnson, GPGI Inc., Class A Common Stock, Investment Management, Holding Company
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.