BlackRock, Inc. Reports 4.95% Passive Stake in JAKKS Pacific, Inc. (JAKK)

On April 27, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant stake in JAKKS Pacific, Inc. (JAKK). As of the event date on March 31, 2026, BlackRock disclosed beneficial ownership of 567,222 shares of common stock, representing 4.95% of the company's outstanding shares. This filing serves as an amendment to a previous report, indicating an increase from a previously reported 0% position. Of the total shares held, BlackRock maintains sole voting power over 559,044 shares and sole dispositive power over the full 567,222 shares. The filing indicates that the securities were acquired in the ordinary course of business and are not held for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are identified as having the right to receive dividends or proceeds from the sale of these shares, though no single individual's interest exceeds 5% of the total outstanding common stock. This move establishes BlackRock as a major institutional shareholder in the Santa Monica-based toy and consumer products company.