Neuberger Berman Discloses 640,859 Shares in WD 40 CO

TL;DR

**Neuberger Berman holds 640,859 shares of WD 40 CO, showing continued institutional interest.**

AI Summary

Neuberger Berman Group LLC, a Delaware-incorporated investment firm, filed an amended SC 13G/A on February 12, 2024, disclosing its ownership in WD 40 CO. As of December 31, 2023, Neuberger Berman beneficially owned 640,859 shares of WD 40 CO's common stock, representing shared voting power over 632,343 shares and shared dispositive power over 640,859 shares. This filing indicates a significant institutional stake in WD 40 CO, which can influence stock stability and investor confidence.

Why It Matters

This filing shows a major institutional investor, Neuberger Berman, holds a substantial stake in WD 40 CO, signaling their continued confidence in the company and potentially influencing its stock's stability.

Risk Assessment

Risk Level: low — This filing indicates a stable institutional ownership, which generally reduces volatility and risk for the stock.

Analyst Insight

Investors should note the continued institutional ownership by Neuberger Berman Group LLC, which can be a sign of stability, but should also research WD 40 CO's fundamentals and other market factors before making investment decisions.

Key Numbers

• 640,859 — Aggregate Amount Beneficially Owned (Total shares of WD 40 CO common stock Neuberger Berman Group LLC beneficially owns as of December 31, 2023.)
• 632,343 — Shared Voting Power (Number of shares over which Neuberger Berman Group LLC has shared voting power.)
• 929236107 — CUSIP Number (Unique identification number for WD 40 CO's common stock.)

Key Players & Entities

• Neuberger Berman Group LLC (company) — the reporting person and institutional investor
• WD 40 CO (company) — the subject company whose shares are being reported
• Delaware (place) — state of incorporation for Neuberger Berman Group LLC
• December 31, 2023 (date) — date of the event requiring the filing

Forward-Looking Statements

• Neuberger Berman Group LLC will maintain a significant stake in WD 40 CO. (Neuberger Berman Group LLC) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• formsc13ga-02122024_070258.htm (SC 13G/A) — 50KB
• 0001415889-24-003325.txt ( ) — 52KB

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ x ]

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. N/A

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. N/A

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. N/A

Certification

Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 12, 2024 Neuberger Berman Group LLC By: /s/ Brad Cetron Name: Brad Cetron Title: Managing Director Date: February 12, 2024 Neuberger Berman Investment Advisers LLC By: /s/ Brad Cetron Name: Brad Cetron Title: Managing Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR