AllianceBernstein shows 0% Provident Bancorp (PVBC) ownership in 13G/A
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
AllianceBernstein L.P. has filed an amended Schedule 13G/A reporting that it now beneficially owns 0 shares of Provident Bancorp Inc common stock, representing 0.0% of the class as of 12/31/2025. The filing indicates ownership of 5 percent or less of the class.
The position was held solely for investment purposes in client discretionary advisory accounts, and AllianceBernstein certifies the holdings are in the ordinary course of business and not to change or influence control of Provident Bancorp.
Positive
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Negative
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FAQ
What change in ownership did AllianceBernstein report for PVBC?
AllianceBernstein reported beneficial ownership of 0 shares of Provident Bancorp Inc common stock, representing 0.0% of the class as of December 31, 2025. This indicates it now holds 5 percent or less of the company’s outstanding common shares.
What is the significance of the Schedule 13G/A filing for PVBC?
The amended Schedule 13G/A shows AllianceBernstein no longer reports a significant stake in Provident Bancorp, with beneficial ownership at 0.0% of the common stock. It signals that this institutional holder has reduced its reportable interest to below the 5% disclosure threshold.
Does AllianceBernstein seek to influence control of Provident Bancorp?
AllianceBernstein certifies that any securities referenced were acquired and held in the ordinary course of business, not to change or influence control of Provident Bancorp. The filing explicitly states they are not part of any transaction aiming to affect control of the issuer.
Who signed the AllianceBernstein ownership report for PVBC?
The amended ownership report was signed by Marcus Edwards, identified as AVP/Senior Compliance Associate. The signature section certifies that, after reasonable inquiry, the information in the statement regarding Provident Bancorp holdings is true, complete, and correct to the best of his knowledge.