Strive: Ramaswamy stake is 4.6% assuming conversion

Both reporting persons are below the 5% ownership threshold, ending their Section 13(d) reporting obligations.

Rhea-AI Filing Summary

Strive, Inc. updated the beneficial-ownership percentages reported for Vivek Ramaswamy and Virtuous Industries LLC after the company issued additional Class A common stock through its at-the-market equity offering program. The update states that each now beneficially owns less than 5% of the outstanding Class A common stock and no longer has reporting obligations under Section 13(d).

Ramaswamy is listed with 5,693,897 shares, or 4.6%, and Virtuous Industries LLC with 106,245 shares, or 0.1%. Both percentages assume conversion of Class B common stock into Class A common stock. As of October 23, 2026, each had ceased to be the beneficial owner of more than 5%; this is the final amendment for each.

Key Figures

Ramaswamy beneficial ownership: 5,693,897 shares Ramaswamy ownership percentage: 4.6% Virtuous Industries LLC beneficial ownership: 106,245 shares +2 more

5 metrics

Ramaswamy beneficial ownership 5,693,897 shares 4.6% of the class, assuming conversion of Class B common stock into Class A common stock

Ramaswamy ownership percentage 4.6% Assumes conversion of Class B common stock into Class A common stock

Virtuous Industries LLC beneficial ownership 106,245 shares 0.1% of the class, assuming conversion of Class B common stock into Class A common stock

Virtuous Industries LLC ownership percentage 0.1% Assumes conversion of Class B common stock into Class A common stock

Ownership threshold 5% The amendment states each reporting person ceased to be the beneficial owner of more than this percentage

Key Terms

at-the-market equity offering program, beneficial owner, Class B Common Stock, Section 13(d)

4 terms

at-the-market equity offering program financial

"pursuant to the Issuer's at-the-market equity offering program"

A program that lets a company sell newly issued shares directly into the open market at whatever the current trading price is, usually through a broker, and do so gradually over time instead of all at once. Investors care because it can dilute existing ownership and put steady selling pressure on the stock price, while giving the company a flexible, on-demand way to raise cash — like adding small amounts of water to a pool rather than dumping in a bucket.

beneficial owner regulatory

"ceased to be the beneficial owner of more than 5%"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

Class B Common Stock financial

"Assumes conversion of Class B Common Stock into Class A Common Stock"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

Section 13(d) regulatory

"reporting obligations with respect to the Issuer under Section 13(d)"

A Section 13(d) filing is a public disclosure required under U.S. securities law when a person or group acquires more than 5% of a company’s registered equity and may influence control. The filer must report who owns the shares, how they were acquired, and any plans or intentions for the company, so the market and other shareholders can see if a large buyer is attempting a takeover or other strategic move. Think of it like a formal announcement that someone has crossed a threshold and is showing their hand.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ASST shares does Vivek Ramaswamy beneficially own?

Vivek Ramaswamy is listed as beneficially owning 5,693,897 shares, or 4.6% of Strive, Inc.'s Class A common stock. The percentage assumes conversion of Class B common stock into Class A common stock.

How many ASST shares does Virtuous Industries LLC beneficially own?

Virtuous Industries LLC is listed as beneficially owning 106,245 shares, or 0.1% of Strive, Inc.'s Class A common stock. The percentage assumes conversion of Class B common stock into Class A common stock.

Did the ASST reporting persons trade Class A shares in the prior 60 days?

The reporting persons state that, except as otherwise described, they did not effect transactions in Class A common stock during the 60 days preceding the statement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/28/2026 - 05:01 PM EDT Accepted by SEC EDGAR 10/28/2026 - 05:01 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 4)

Strive, Inc.

(Name of Issuer)

Class A Common Stock, $0.001 par value

(Title of Class of Securities)

862945300

(CUSIP Number)

Vivek Ramaswamy
C/O Steve Roberts, 611 Pennsylvania Avenue SE, Suite 353
Washington, DC, 20003
202-417-3529

Derek Dostal
Davis Polk & Wardwell LLP, 450 Lexington Avenue
New York, NY, 10017
212-450-4000

Evan Rosen
Davis Polk & Wardwell LLP, 450 Lexington Avenue
New York, NY, 10017
212-450-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

10/23/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 862945300

1

Name of reporting person

Vivek Ramaswamy

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 5,693,897.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 5,693,897.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

5,693,897.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Assumes conversion of Class B Common Stock (as defined below) into Class A Common Stock. See Item 5 below.

SCHEDULE 13D

CUSIP Number(s): 862945300

1

Name of reporting person

Virtuous Industries LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 106,245.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 106,245.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

106,245.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Assumes conversion of Class B Common Stock (as defined below) into Class A Common Stock. See Item 5 below.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, $0.001 par value
(b)	Name of Issuer: Strive, Inc.
(c)	Address of Issuer's Principal Executive Offices: 200 Crescent Court, SUITE 1400, DALLAS, TEXAS , 75201.
Item 1 Comment: This Amendment No. 4 (this "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on May 11, 2026 (the "Original Schedule 13D" and, as amended and supplemented by Amendment No. 1 to the Original Schedule 13D filed on June 1, 2026 ("Amendment No. 1"), Amendment No. 2 to the Original Schedule 13D filed on August 26, 2026 ("Amendment No. 2"), Amendment No. 3 to the Original Schedule 13D filed on October 13, 2026 ("Amendment No. 3") and this Amendment, the "Schedule 13D"). This Amendment is being filed to reflect the updated percentage of class of securities information of the Reporting Persons as a result of the Issuer's ongoing issuance of additional shares of Class A Common Stock by the Issuer pursuant to the Issuer's at-the-market equity offering program. As a result, each of the Reporting Persons beneficially owns less than 5% of the outstanding Class A Common Stock and no longer has any reporting obligations with respect to the Issuer under Section 13(d) of the Act. This Amendment constitutes the final amendment to this Schedule 13D and with respect to the Reporting Persons. Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the Original Schedule 13D. Capitalized terms not otherwise defined in this Amendment shall have the same meanings ascribed thereto in the Original Schedule 13D. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information concerning the other Reporting Persons, except as otherwise provided in Rule 13d-1(k).
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) to the Original Schedule 13D is amended and restated in its entirety as follows: See Items 7-13 of the cover pages to this Amendment and Item 2 of the Schedule 13D (as amended by this Amendment).
(b)	Item 5(b) to the Original Schedule 13D is amended and restated in its entirety as follows: See Items 7-13 of the cover pages to this Amendment and Item 2 of the Schedule 13D (as amended by this Amendment).
(c)	Except as otherwise described in this Schedule 13D, the Reporting Persons have not effected any transactions in the Class A Common Stock during the 60 days preceding the date of this Schedule 13D.
(e)	As of October 23, 2026, each of the Reporting Persons ceased to be the beneficial owner of more than 5% of the outstanding Class A Common Stock. This Amendment is the final amendment to the Schedule 13D with respect to each Reporting Person.

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.

Vivek Ramaswamy

Signature:	/s/ Vivek Ramaswamy
Name/Title:	Vivek Ramaswamy
Date:	10/28/2026

Virtuous Industries LLC

Signature:	/s/ Vivek Ramaswamy
Name/Title:	Vivek Ramaswamy
Date:	10/28/2026