LBIC discloses 15.39% Ampco-Pittsburgh ownership after Nov. share buy
Rhea-AI Filing Summary
The Louis Berkman Investment Company filed Amendment No. 8 to its Schedule 13D regarding Ampco-Pittsburgh Corporation common stock. The amendment reports LBIC’s purchase of 93,000 common shares on November 17, 2025 at a weighted average price of $2.67 per share for investment purposes. Following this transaction, LBIC beneficially owns 3,127,792 Ampco-Pittsburgh common shares, representing 15.39% of the class, based on 20,326,389 common shares outstanding as of November 7, 2025. The filing states LBIC has sole voting and dispositive power over these shares and indicates no additional plans or proposals beyond this investment-related purchase.
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FAQ
What stake does The Louis Berkman Investment Company report in Ampco-Pittsburgh (AP)?
The Louis Berkman Investment Company reports beneficial ownership of 3,127,792 Ampco-Pittsburgh common shares, representing 15.39% of the outstanding common stock based on 20,326,389 shares outstanding as of November 7, 2025.
What new transaction triggered this Schedule 13D/A Amendment No. 8 for AP?
The amendment reports LBIC’s purchase of 93,000 Ampco-Pittsburgh common shares on November 17, 2025 at a weighted average price of $2.67 per share, which increased its reported beneficial ownership.
How much voting and dispositive power does LBIC have over its Ampco-Pittsburgh shares?
LBIC discloses sole voting power and sole dispositive power over 3,127,792 Ampco-Pittsburgh common shares, with no shared voting or shared dispositive power reported.
What is the source of funds used by LBIC to buy Ampco-Pittsburgh (AP) shares?
The filing states that LBIC used a total of $248,316.40 in cash to purchase the reported Ampco-Pittsburgh common shares, with sources of funds described as WC (working capital) and BK (bank).
Does LBIC state any plans or proposals regarding control or major changes at Ampco-Pittsburgh?
The amendment states that, except as set forth in the document, the reporting person has no plans or proposals relating to the actions or events listed in paragraphs (a) through (j) of Item 4, indicating the purchase is for investment purposes.
How many Ampco-Pittsburgh shares do LBIC executives personally beneficially own?
The filing notes that Mr. Laurence Paul beneficially owns 84,368 common shares (including 12,728 restricted shares), and Mr. Stephen Paul beneficially owns 112,764 common shares, each excluding shares owned by LBIC.