SEC Form SC 13G filed by Allbirds Inc.

2/9/24 8:35:54 AM ET

Apparel

Consumer Discretionary

Get the next $BIRD alert in real time by email

SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 ALLBIRDS INC CLASS A COMMON STOCK Cusip #01675A109 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #01675A109 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 9,925,373 Item 6: 0 Item 7: 9,926,896 Item 8: 0 Item 9: 9,926,896 Item 11: 9.896% Item 12: HC Cusip #01675A109 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 9,926,896 Item 8: 0 Item 9: 9,926,896 Item 11: 9.896% Item 12: IN Item 1(a). Name of Issuer: ALLBIRDS INC Item 1(b). Address of Issuer's Principal Executive Offices: 730 MONTGOMERY STREET SAN FRANCISCO, CA 94111 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: CLASS A COMMON STOCK Item 2(e). CUSIP Number: 01675A109 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 9,926,896 (b) Percent of Class: 9.896% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 9,926,896 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. 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 CLASS A COMMON STOCK of ALLBIRDS INC. No one other person's interest in the CLASS A COMMON STOCK of ALLBIRDS INC is more than five percent of the total outstanding CLASS A COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. 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. Signature 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. February 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification Fidelity Management & Research Company LLC * IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the CLASS A COMMON STOCK of ALLBIRDS INC at December 29, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $BIRD alert in real time by email

Recent Analyst Ratings for

$BIRD

Date	Price Target	Rating	Analyst
5/1/2023	$1.50	Market Perform → Outperform	Telsey Advisory Group
3/13/2023	$4.00 → $1.50	Outperform → Market Perform	TD Cowen
3/10/2023	$4.00 → $2.25	Outperform → Market Perform	Telsey Advisory Group
3/10/2023		Buy → Neutral	Guggenheim
3/10/2023		Outperform → Mkt Perform	William Blair
3/6/2023	$3.00	Outperform → Neutral	Wedbush
2/7/2023		Neutral	BTIG Research
1/5/2023	$5.00 → $4.00	Overweight → Neutral	Piper Sandler

More analyst ratings

SEC Form SC 13G filed by Allbirds Inc.

Chat with this insight

Recent Analyst Ratings for $BIRD

$BIRD Press Releases

Fastest customizable press release news feed in the world

Allbirds to Participate in Upcoming Investor Conference

Allbirds Reports Third Quarter 2024 Financial Results

Allbirds Announces Distribution Agreements for Europe and Latin America

$BIRD Market Insights

Live Market Insights

$BIRD Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$BIRD Large Ownership Changes

This live feed shows all institutional transactions in real time.

$BIRD Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Shares of companies within the broader consumer discretionary sector are trading higher following recent CPI data.

12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

Chief Financial Officer Mitchell Ann bought $4,896 worth of shares (600 units at $8.16), increasing direct ownership by 0.97% to 62,477 units (SEC Form 4)

Chief Financial Officer Mitchell Ann was granted 20,000 shares, increasing direct ownership by 50% to 60,226 units (SEC Form 4)

Director Thanawala Ravi was granted 8,334 shares (SEC Form 4)

Amendment: SEC Form SC 13G/A filed by Allbirds Inc.

Amendment: SEC Form SC 13G/A filed by Allbirds Inc.