SCHEDULE: Terry LaCore Discloses 5.3% Stake in Mannatech Inc.

Terry LaCore has reported beneficial ownership of 100,010 shares of Mannatech Inc., representing a 5.3% stake in the company.

Summary

• Terry LaCore has filed a Schedule 13G, disclosing beneficial ownership of 100,010 shares of Mannatech Inc. common stock.
• This ownership represents 5.3% of the outstanding shares of the company.
• LaCore has sole voting and dispositive power over these shares.
• The filing indicates that the shares were not acquired to influence control of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and does not contain any positive or negative sentiment. It is a neutral disclosure of ownership.

Industry Context

This filing is a standard disclosure for investors who acquire more than 5% of a company's stock, and it provides transparency about ownership changes in Mannatech Inc.

Comparison to Industry Standards

• Schedule 13G filings are a common practice for investors reaching a 5% ownership threshold in publicly traded companies.
• The filing is consistent with SEC regulations regarding disclosure of beneficial ownership.
• Similar filings are made by investors in other publicly traded companies when their ownership exceeds 5%.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of Mannatech Inc.
• The disclosure may be of interest to other investors and stakeholders.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Mannatech Inc, Shareholding, Terry LaCore, Common Stock