SCHEDULE: FMR LLC Discloses 9.7% Stake in Terreno Realty Corp

FMR LLC and Abigail P. Johnson have disclosed a 9.7% beneficial ownership stake in Terreno Realty Corp's common stock.

Summary

• FMR LLC and Abigail P. Johnson, as reporting persons, beneficially own 9,973,965 shares of Terreno Realty Corp's common stock.
• This aggregate amount represents 9.7% of the class of common stock outstanding.
• FMR LLC holds sole voting power over 8,437,596 shares and sole dispositive power over 9,973,965 shares.
• Abigail P. Johnson holds sole dispositive power over 9,973,965 shares, with no sole or shared voting power.
• The filing is an Amendment No. 3 to Schedule 13G, filed under Rule 13d-1(b).
• FMR LLC is classified as a parent holding company (HC), and Abigail P. Johnson is classified as an individual (IN).
• The shares 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 filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial information.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of TERRENO RLTY CORP, though no single other person's interest exceeds five percent of the total outstanding common stock.

Stakeholder Impact

• Shareholders may note the significant institutional ownership by FMR LLC, a major investment firm, which could be perceived as a vote of confidence in Terreno Realty Corp.

Key Dates

Keywords

Terreno Realty Corp, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Institutional Investor, Real Estate Investment Trust