Amit Agarwal holds 1.4M Cato (NYSE: CATO) Class A shares, 7.78%
Rhea-AI Filing Summary
Cato Corp. Schedule 13G/A reports that Amit Agarwal beneficially owns 1,400,000 shares of Class A Common Stock, representing 7.78% of the class as stated in Item 4. The filing lists sole voting and dispositive power over the cited shares and is signed on 05/20/2026.
Positive
- None.
Negative
- None.
Insights
Holder discloses a substantial passive stake with sole voting and dispositive authority.
Amit Agarwal is reported as the beneficial owner of 1,400,000 shares of Class A Common Stock, equal to 7.78% of the class per Item 4. The filing states sole power to vote and sole power to dispose of the same share count.
The disclosure is a standard ownership amendment under Schedule 13G/A and does not by itself indicate a change in corporate control intentions. Subsequent filings would be needed to reveal any planned transactions or changes in intent.