[SCHEDULE 13G/A] BEASLEY BROADCAST GROUP INC Amended Passive Investment Disclosure
Turning Rock reports 3.8% stake in Beasley
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.
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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.
Key Figures
Shares beneficially owned:36,557 sharesOwnership percentage:3.8%Shares outstanding:973,170 shares+2 more
5 metrics
Shares beneficially owned36,557 sharesClass A Common Stock beneficially owned as of April 9, 2026
Ownership percentage3.8%Portion of outstanding Class A shares beneficially owned by each reporting person
Shares outstanding973,170 sharesClass A shares outstanding as of April 1, 2026 per issuer’s Form 10-K
Number of reporting persons3Turning Rock Capital Partners, LP; Turning Rock Capital, LLC; and Charles McDulin
Filing date signatures08/11/2026Date 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 ownfinancial
"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 Powerfinancial
"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.
Shared Dispositive Powerfinancial
"7 | Sole Dispositive Power 8 | Shared Dispositive Power 36,557.00"
groupregulatory
"Each Reporting Person is a member of a "group" with the other Reporting Persons"
Schedule 13Gregulatory
"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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
What voting and dispositive powers are reported over BBGI shares?
The cover information indicates the reporting persons have shared voting power and shared dispositive power over 36,557 Class A shares, with no separate sole voting or dispositive power reported for those shares.
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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
BEASLEY BROADCAST GROUP INC
(Name of Issuer)
Class A Common Stock, par value $.001 per share
(Title of Class of Securities)
074014200
(CUSIP Number)
04/09/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
074014200
1
Names of Reporting Persons
Turning Rock Capital Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
36,557.00
7
Sole Dispositive Power
8
Shared Dispositive Power
36,557.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,557.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
074014200
1
Names of Reporting Persons
Turning Rock Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
FLORIDA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
36,557.00
7
Sole Dispositive Power
8
Shared Dispositive Power
36,557.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,557.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
074014200
1
Names of Reporting Persons
Charles McDulin
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
6
Shared Voting Power
36,557.00
7
Sole Dispositive Power
8
Shared Dispositive Power
36,557.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,557.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.8 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BEASLEY BROADCAST GROUP INC
(b)
Address of issuer's principal executive offices:
3033 RIVIERA DRIVE, NAPLES, FLORIDA, 34103
Item 2.
(a)
Name of person filing:
This statement is filed by Turning Rock Capital Partners, LP, a Delaware limited partnership (Turning Rock), Turning Rock Capital, LLC, a Florida limited liability company (TRC), and Charles McDulin. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." TRC is the investment manager of Turning Rock. Mr. McDulin serves as the managing member of TRC. By virtue of these relationships, TRC and Mr. McDulin may be deemed to beneficially own the Class A Common Stock, par value $.001 per share (the Shares), of Beasley Broadcast Group Inc. (the Issuer), owned by each of Turning Rock, TRC, and Mr. McDulin.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of Turning Rock, TRC, and Mr. McDulin is 6818 Stonesthrow Cir N #12201 Saint Petersburg, FL 33710.
(c)
Citizenship:
Turning Rock is organized under the laws of the State of Delaware. TRC is organized under the laws of the State of Florida. Mr. McDulin is a citizen of the United States of America.
(d)
Title of class of securities:
Class A Common Stock, par value $.001 per share
(e)
CUSIP No.:
074014200
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on April 9, 2026:
(i) Turning Rock beneficially owned 36,557 Shares;
(ii) TRC beneficially owned 36,557 Shares; consisting of (a) the 36,557 Shares owned directly by Turning Rock, which TRC may be deemed to be beneficially owned by TRC as the investment manager of Turning Rock, and;
(iii) Mr. McDulin beneficially owned 36,557 Shares, consisting of (a) 36,557 Shares owned directly by Turning Rock, which TRC may be deemed to beneficially own as the investment manager of Turning Rock, and in which Mr. McDulin may be deemed to beneficially own as the manager of TRC.
Each Reporting Person is a member of a "group" with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, and such group may be deemed to beneficially own the 36,557 Shares beneficially owned in the aggregate by all the Reporting Persons, constituting approximately 3.8% of the outstanding Shares. Each Reporting Person disclaims beneficial ownership of the Shares that he or it does not directly own.
(b)
Percent of class:
The aggregate percentage of the Shares reported owned by each person named herein is based upon 973,170 Shares outstanding as of April 1, 2026, which is the total number of Shares outstanding as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on April 8, 2026.
As of the close of business on April 9, 2026:
(i) Turning Rock beneficially owned approximately 3.8% of the outstanding Shares;
(ii) TRC beneficially owned approximately 3.8% of the outstanding Shares; and
(iv) Mr. McDulin beneficially owned approximately 3.8% of the outstanding Shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on April 17, 2026.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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.
Turning Rock Capital Partners, LP
Signature:
/s/ Charles McDulin
Name/Title:
Managing Member of Turning Rock Capital, LLC, its investment manager
