Citadel Securities GP LLC Reduces Stake in Urban One, Inc. to 0.3%
On May 15, 2026, Citadel Securities GP LLC and associated reporting persons, including Kenneth Griffin, filed a Schedule 13G/A with the SEC, disclosing a significant reduction in their position in Urban One, Inc. (UONE). The reporting group now collectively beneficially owns 1,866 shares of Class A Common Stock, representing approximately 0.3% of the class. This reflects a substantial decrease from their previously reported holding of 579,699 shares, which constituted a 9.4% ownership stake. The filing was triggered by an event on March 31, 2026. The reporting persons include Citadel Securities LLC, Citadel Securities Group LP, Citadel Advisors LLC, and Kenneth Griffin, who holds a controlling interest in the primary entities. The shares are held in the ordinary course of business and not for the purpose of influencing control over the issuer. Based on the 615,021 shares outstanding as of March 18, 2026, the group's ownership has fallen below the 5% reporting threshold typically required for active monitoring.