4Filed Aug 3, 8:00 PM ET
York Space Systems (YSS) 10% Owner BlackRock Sells Shares
$YSS · York Space Systems Inc.Research Summary
AI-generated summary of this SEC filing
York Space Systems (YSS) 10% Owner BlackRock Sells Shares
What Happened
- BlackRock Portfolio Management LLC (reported as a 10% owner) sold a total of 49,328 shares of York Space Systems common stock in two open‑market transactions.
- 35,574 shares sold on 2026-07-31 at a weighted average price of $15.14 for proceeds of $538,590 (prices in range $15.00–$15.65).
- 13,754 shares sold on 2026-08-03 at a weighted average price of $15.03 for proceeds of $206,723 (prices in range $15.00–$15.14).
- Total proceeds from both sales were about $745,313. These were sales (disposals), which are routine for institutional holders and do not necessarily signal management sentiment.
Key Details
- Transaction dates and prices:
- 2026-07-31: 35,574 shares sold, WAP $15.14 (range $15.00–$15.65).
- 2026-08-03: 13,754 shares sold, WAP $15.03 (range $15.00–$15.14).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- The reported shares are held by multiple funds/accounts managed by BlackRock entities (see F1–F3); BlackRock disclaims beneficial ownership except to the extent of pecuniary interest.
- Prices shown are weighted averages; the filer can provide breakdowns of shares sold at each price on request (F4, F5).
- Filing timeliness: Report filed 2026-08-04 covering trades on 7/31 and 8/03; filing appears timely under the SEC two-business‑day rule.
Context
- This filing reflects institutional selling by an investment manager on behalf of a variety of funds and accounts, not a corporate insider (e.g., CEO or director). Institutional disposals are common portfolio activity and should be interpreted differently than insider buying.
- No options, awards, gifts, or 10b5-1 plans were indicated in the provided details.