SCHEDULE: Dimensional Fund Advisors LP Reports 5.1% Stake in First Bancshares Inc/The
Schedule 13G Filing
Dimensional Fund Advisors LP files Schedule 13G, disclosing a 5.1% beneficial ownership stake in First Bancshares Inc/The as of December 31, 2024.
Summary
- Dimensional Fund Advisors LP filed a Schedule 13G with the SEC regarding their ownership in First Bancshares Inc/The.
- As of December 31, 2024, Dimensional Fund Advisors LP beneficially owns 1,598,088 shares of First Bancshares Inc/The common stock, representing 5.1% of the class.
- Dimensional Fund Advisors LP has sole voting power over 1,562,425 shares and sole dispositive power over 1,598,088 shares.
- The shares are held by various Funds managed by Dimensional Fund Advisors LP, and Dimensional disclaims beneficial ownership of these securities.
- Dimensional Fund Advisors LP is an investment advisor registered under Section 203 of the Investment Advisors Act of 1940.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Future Outlook
There is no future outlook provided in this document.
Management Comments
- Dimensional Fund Advisors LP disclaims beneficial ownership of the securities held by the Funds.
Industry Context
This filing is a routine disclosure required by the SEC for investment advisors holding more than 5% of a company's stock. It indicates Dimensional Fund Advisors LP's investment in First Bancshares Inc/The but doesn't necessarily signal any strategic shift or intent to influence the company's management.
Stakeholder Impact
- Shareholders of First Bancshares Inc/The are informed of Dimensional Fund Advisors LP's ownership stake.
- The filing provides transparency regarding the ownership structure of First Bancshares Inc/The.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement |
| 01/23/2025 | Date of signature on the Schedule 13G filing |
Keywords
Schedule 13G, beneficial ownership, First Bancshares Inc/The, Dimensional Fund Advisors LP, investment advisor, common stock
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.