BlackRock, Inc. Increases Stake in American Axle and Manufacturing Holdings Inc.

BlackRock, Inc. has filed a Schedule 13G/A amendment, disclosing an increased ownership in American Axle and Manufacturing Holdings Inc. (AAM). The filing reveals that BlackRock now holds 16,756,631 shares, representing 14.1% of the outstanding common stock, up from a previous ownership percentage. This significant increase in ownership is primarily attributed to the holdings of iShares Core S&P Small-Cap ETF, which is managed by BlackRock. The filing also includes certifications that the shares were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer. The amendment was signed by Spencer Fleming, Managing Director at BlackRock, on October 17, 2025.