BlackRock (BSET holder) discloses 1.9% passive stake in Bassett Furniture

Rhea-AI Filing Summary

BlackRock, Inc. filed an amended Schedule 13G reporting passive ownership of common stock of Bassett Furniture Industries Inc. BlackRock and certain of its business units beneficially own 160,432 shares, representing 1.9% of Bassett’s common stock. All reported shares are held with sole voting and sole dispositive power, with no shared voting or dispositive authority.

The holdings are attributed to various clients and accounts that have the right to receive dividends or sale proceeds, but no single person has an interest in more than five percent of Bassett’s outstanding common shares. The filing is signed on behalf of BlackRock by Managing Director Spencer Fleming, with a Power of Attorney referenced in Exhibit 24.

Key Figures

Beneficially owned shares: 160,432 shares Percent of class owned: 1.9% Sole voting power: 160,432 shares +3 more

6 metrics

Beneficially owned shares 160,432 shares Common stock of Bassett Furniture Industries Inc. reported by BlackRock, Inc.

Percent of class owned 1.9% Portion of Bassett Furniture common stock beneficially owned by BlackRock, Inc.

Sole voting power 160,432 shares Shares over which BlackRock has sole power to vote or direct the vote

Shared voting power 0 shares Shares over which BlackRock has shared power to vote or direct the vote

Sole dispositive power 160,432 shares Shares over which BlackRock has sole power to dispose or direct disposition

Shared dispositive power 0 shares Shares over which BlackRock has shared power to dispose or direct disposition

Key Terms

beneficially owned, sole dispositive power, Schedule 13G, Power of Attorney, +1 more

5 terms

beneficially owned financial

"this reflects the securities beneficially owned, or deemed to be beneficially owned, by certain"

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 dispositive power financial

"Sole Dispositive Power 160,432.00 8 | 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.

Schedule 13G regulatory

"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"

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.

Power of Attorney regulatory

"Exhibit Information Exhibit 24: Power of Attorney Exhibit 99: Item 7"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

parent holding company regulatory

"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"

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

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Available on EDGAR 07/29/2026 - 03:24 PM Accepted by SEC EDGAR 07/29/2026 - 03:19 PM Learn about SEC filing dates

FAQ

What percentage of Bassett Furniture (BSET) does BlackRock currently report owning?

BlackRock reports beneficial ownership of 1.9% of Bassett Furniture’s common stock. This represents 160,432 shares held by certain BlackRock business units with sole voting and dispositive power over the reported shares.

How many Bassett Furniture (BSET) shares does BlackRock beneficially own according to this Schedule 13G/A?

BlackRock beneficially owns 160,432 Bassett Furniture common shares. These shares are all reported with sole voting and sole dispositive power and represent 1.9% of the company’s outstanding common stock.

Does BlackRock share voting or dispositive power over its BSET shares?

No. BlackRock reports sole voting power over 160,432 shares and shared voting power of 0. It also reports sole dispositive power over 160,432 shares and shared dispositive power of 0 shares.

Is BlackRock’s ownership in Bassett Furniture (BSET) above or below 5% of the class?

BlackRock’s ownership is below 5% of Bassett Furniture’s common stock. The filing lists beneficial ownership of 1.9% of the class, which qualifies as ownership of 5 percent or less of the class.

Who ultimately benefits from the Bassett Furniture (BSET) shares reported by BlackRock?

The shares are held for various persons who have rights to dividends or sale proceeds. The filing states no one person’s interest in Bassett Furniture’s common stock exceeds five percent of the total outstanding common shares.

Who signed the amended Schedule 13G for BlackRock regarding Bassett Furniture (BSET)?

The filing is signed by Spencer Fleming, a Managing Director at BlackRock, Inc. The signature is provided under authority granted by a Power of Attorney, which is referenced as Exhibit 24 in the submission.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

BASSETT FURNITURE INDUSTRIES INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

070203104

(CUSIP Number)

06/30/2026

(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): 070203104

1

Names of Reporting Persons

BlackRock, Inc.

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 160,432.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 160,432.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

160,432.00

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)

1.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BASSETT FURNITURE INDUSTRIES INC
(b)	Address of issuer's principal executive offices: 3525 Fairystone Park Highway BASSETT VA 24055
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 070203104
Item 4.	Ownership
(a)	Amount beneficially owned: 160432
(b)	Percent of class: 1.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 160432
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 160432
	(iv) Shared power to dispose or to direct the disposition of: 0
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.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of BASSETT FURNITURE INDUSTRIES INC. No one person's interest in the common stock of BASSETT FURNITURE INDUSTRIES INC is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
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 acquired and are held in the ordinary course of business and 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.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/29/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7