Turning Rock group discloses 3.8% Beasley Broadcast stake (BBGI) in 13G/A
Rhea-AI Filing Summary
Turning Rock Capital Partners, LP, along with Turning Rock Capital, LLC and Charles McDulin, reports beneficial ownership of 36,557 Class A common shares of Beasley Broadcast Group Inc., representing 3.8% of the outstanding Class A shares as of April 9, 2026.
The 3.8% figure is calculated against 973,170 Class A shares outstanding as of April 1, 2026, as reported by the issuer. The three reporting parties are treated as a "group" for Section 13(d) purposes, share voting and dispositive power over the same block of 36,557 shares, and each disclaims beneficial ownership of shares not directly owned.
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Key Figures
Shares beneficially owned: 36,557 shares
Ownership percentage: 3.8%
Shares outstanding: 973,170 shares
+2 more
5 metrics
Shares beneficially owned
36,557 shares
Class A Common Stock beneficially owned as of April 9, 2026
Ownership percentage
3.8%
Portion of outstanding Class A shares beneficially owned by each reporting person
Shares outstanding
973,170 shares
Class A shares outstanding as of April 1, 2026 per issuer’s Form 10-K
Number of reporting persons
3
Turning Rock Capital Partners, LP; Turning Rock Capital, LLC; and Charles McDulin
Filing date signatures
08/11/2026
Date Charles McDulin signed on behalf of each reporting person
Key Terms
beneficially own, Sole Voting Power, Shared Dispositive Power, group, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own the Class A Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Sole Voting Power financial
"5 | Sole Voting Power 6 | Shared Voting Power 36,557.00"
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.
group regulatory
"Each Reporting Person is a member of a "group" with the other Reporting Persons"
Schedule 13G regulatory
"group may be deemed to beneficially own the 36,557 Shares beneficially owned in the aggregate"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What stake in Beasley Broadcast Group (BBGI) does Turning Rock report?
Turning Rock and related reporting persons report beneficial ownership of 36,557 Class A common shares of Beasley Broadcast Group Inc., representing 3.8% of the outstanding Class A shares as of April 9, 2026.
How is the 3.8% ownership in BBGI calculated in this Schedule 13G/A?
The 3.8% ownership is based on 973,170 Class A shares outstanding as of April 1, 2026, as reported by Beasley Broadcast Group Inc. in its Form 10-K, with the reporting group holding 36,557 of those shares.
Who are the reporting persons in the Beasley Broadcast Group (BBGI) Schedule 13G/A?
The reporting persons are Turning Rock Capital Partners, LP, Turning Rock Capital, LLC, and Charles McDulin. Turning Rock Capital, LLC is investment manager to Turning Rock, and McDulin is the managing member of Turning Rock Capital, LLC.
Do the reporting persons in the BBGI filing act as a group under Section 13(d)?
Yes. The filing states each reporting person is a member of a "group" with the others for Section 13(d)(3) purposes, and that this group may be deemed to beneficially own the 36,557 shares held in the aggregate.
Where are the reporting persons in the BBGI Schedule 13G/A based?
The principal business address for Turning Rock, Turning Rock Capital, LLC, and Charles McDulin is 6818 Stonesthrow Cir N #12201, Saint Petersburg, FL 33710, while Beasley Broadcast Group’s principal offices are in Naples, Florida.
AI-generated analysis. How Rhea-AI works. Not financial advice.