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Turning Rock group holds 7.5% of Beasley Broadcast (BBGI) after 13G filing

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Beasley Broadcast Group Inc. reported that Turning Rock Capital Partners, Turning Rock Capital, LLC and Charles McDulin jointly beneficially own 72,557 Class A shares (approximately 7.5%) as of the close of business on April 8, 2026.

The filing states the 72,557 shares equal ~7.5% of 973,170 shares outstanding as of April 1, 2026. The Reporting Persons are a group for Section 13(d) purposes; shared voting and dispositive power are reported.

Positive

  • None.

Negative

  • None.

Insights

13G shows a passive investor group holds 7.5% of BBGI.

The Schedule 13G disclosure identifies Turning Rock Capital Partners, TRC, and Charles McDulin as a group beneficially owning 72,557 Class A shares, representing approximately 7.5% of the issuer's Class A Common Stock. The filing ties the percentage to 973,170 shares outstanding as of April 1, 2026.

Because the filing is a 13G (passive-investor form), it implies no active solicitation is claimed here; subsequent filings could change the status. Future filings would show any change in holdings or classification.

Shares beneficially owned 72,557 shares Amount owned by Turning Rock/affiliates as of April 8, 2026
Percent of class 7.5% Percentage of Class A Common Stock based on outstanding shares
Shares outstanding 973,170 shares Shares outstanding as of April 1, 2026 (used to compute 7.5%)
Schedule 13G regulatory
"If a group has filed this schedule pursuant to"
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.
beneficially owned regulatory
"As of the close of business on April 8, 2026: Turning Rock beneficially owned 72,557 Shares"
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.
shared dispositive power regulatory
"Shared Dispositive Power 72,557.00"





074014200

(CUSIP Number)
04/08/2026

(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





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Turning Rock Capital Partners, LP
Signature:/s/ Charles McDulin
Name/Title:Managing Member of Turning Rock Capital, LLC, its investment manager
Date:04/17/2026
Turning Rock Capital, LLC
Signature:/s/ Charles McDulin
Name/Title:Managing Member
Date:04/17/2026
Charles McDulin
Signature:/s/ Charles McDulin
Name/Title:Charles McDulin
Date:04/17/2026

FAQ

What stake does Turning Rock hold in Beasley Broadcast Group (BBGI)?

Turning Rock and affiliated reporting persons beneficially own 72,557 shares, representing about 7.5% of BBGI's Class A Common Stock. This percentage uses 973,170 shares outstanding as of April 1, 2026 per the filing.

Who filed the Schedule 13G for BBGI and why?

Turning Rock Capital Partners, Turning Rock Capital, LLC, and Charles McDulin filed the Schedule 13G to report beneficial ownership. The filing identifies them as a group under Section 13(d) and reports shared voting and dispositive power over the 72,557 shares.

Does the 13G filing indicate active control or a passive stake in BBGI?

The filing is a Schedule 13G, typically used by passive investors. It reports beneficial ownership without asserting active solicitation; no change-to-control or active transaction is described in the disclosed text.

How was the 7.5% ownership percentage calculated for BBGI?

The percentage is calculated using 72,557 shares divided by 973,170 shares outstanding as of April 1, 2026, producing approximately 7.5%, as stated in the filing.

What voting and dispositive powers are reported by the BBGI reporting persons?

Each Reporting Person discloses 0 sole voting/dispositive power and 72,557 shared voting and shared dispositive power over the reported shares, per the cover-page ownership fields referenced in the filing.