Vivek Ramaswamy updates 7.6% stake in Strive
Strive, Inc. received an updated ownership filing from Vivek Ramaswamy and Virtuous Industries LLC.
Rhea-AI Filing Summary
Strive, Inc. received an updated ownership filing from Vivek Ramaswamy and Virtuous Industries LLC. Ramaswamy reports beneficial ownership of 5,693,897 shares of Class A common stock, representing 7.6% of the class, assuming conversion of related Class B shares. Virtuous Industries LLC reports beneficial ownership of 106,245 shares, or 0.2% of the class on the same basis.
The amendment mainly updates the percentage-of-class figures to reflect Strive’s ongoing issuance of additional Class A shares under its at-the-market equity offering program. The reporting persons state they have not carried out any transactions in Strive Class A stock during the 60 days before the event date.
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Key Figures
Ramaswamy beneficial ownership: 5,693,897 shares
Ramaswamy percent of class: 7.6%
Virtuous Industries ownership: 106,245 shares
+2 more
5 metrics
Ramaswamy beneficial ownership
5,693,897 shares
Class A common stock, assumes conversion of Class B
Ramaswamy percent of class
7.6%
Class A common stock, as reported in Schedule 13D/A
Virtuous Industries ownership
106,245 shares
Class A common stock, assumes conversion of Class B
Virtuous Industries percent of class
0.2%
Class A common stock, as reported in Schedule 13D/A
Event date
05/28/2026
Date of event requiring the Schedule 13D/A amendment
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, at-the-market equity offering program, +1 more
5 terms
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 5,693,897.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 5,693,897.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"9 | Sole Dispositive Power 5,693,897.00 10 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
at-the-market equity offering program financial
"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"
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.
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake does Vivek Ramaswamy report in Strive, Inc. (ASST)?
Vivek Ramaswamy reports beneficial ownership of 5,693,897 Strive Class A shares, representing 7.6% of the class, assuming conversion of related Class B stock. This reflects his current disclosed influence level in the company.
Why was this Schedule 13D/A amendment filed for Strive, Inc. (ASST)?
The amendment updates the percentage of class owned by the reporting persons. It reflects Strive’s ongoing issuance of additional Class A shares under its at-the-market equity offering program, which changes percentage calculations without new purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
