GMT Capital Corp. and Thomas E. Claugus amend a Schedule 13G to report beneficial ownership in Cracker Barrel Old Country Store, Inc. The filing shows the Reporting Persons share voting and dispositive power over 1,590,700 shares, equal to 7.12% based on 22,351,023 shares outstanding as of February 26, 2026 per the company's Form 10-Q filed March 4, 2026. The report identifies GMT Capital as the investment adviser and Mr. Claugus as its control person; signature blocks show filings dated May 15, 2026.
Positive
None.
Negative
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Insights
Large passive stake disclosed: 7.12% of common stock.
The filing lists a shared voting and dispositive position of 1,590,700 shares attributable to GMT Capital's Managed Funds and Accounts, calculated against 22,351,023 shares outstanding as of February 26, 2026. This identifies the scale of the position but does not describe planned actions.
Future filings could show changes if holdings move above or below reporting thresholds; timing and intent are not specified in this excerpt.
Control person attribution clarified; votes exercised via GMT Capital.
The schedule names GMT Capital as adviser and Thomas E. Claugus as its control person, noting shared voting/dispositive power. The signatures include an attorney-in-fact, reflecting standard procedural exhibits and previously filed powers of attorney.
Governance implications hinge on whether the position is active in proxy items; the filing itself does not state any coordinated proposal or agreement.
Key Figures
Reported shares beneficially owned:1,590,700 sharesPercent of class:7.12%Shares outstanding used in calculation:22,351,023 shares
3 metrics
Reported shares beneficially owned1,590,700 sharesshared voting/dispositive power attributed to GMT Capital and Thomas E. Claugus
Percent of class7.12%calculated using outstanding shares as of <date>February 26, 2026</date>
Shares outstanding used in calculation22,351,023 sharesoutstanding shares per Form 10-Q filed <date>March 4, 2026</date>
Key Terms
Schedule 13G/A, Beneficial ownership, Shared Dispositive Power
3 terms
Schedule 13G/Aregulatory
"The filing amends a Schedule 13G to report beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficial ownershipfinancial
"Amount beneficially owned: See Rows 5 through 11 of each Reporting Person's cover page"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 1,590,700.00 listed on cover page"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Cracker Barrel Old Country Store, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
22410J106
(CUSIP Number)
03/31/2026
(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):
22410J106
1
Names of Reporting Persons
GMT Capital Corp.
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
GEORGIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,590,700.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,590,700.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,590,700.00
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)
7.12 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Calculated based on 22,351,023 shares of common stock of the Issuer (the "Common Stock") outstanding as of February 26, 2026, as reported on the Issuer's Report on Form 10-Q, filed
with the Securities and Exchange Commission on March 4, 2026.
SCHEDULE 13G
CUSIP Number(s):
22410J106
1
Names of Reporting Persons
Thomas E. Claugus
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
0.00
6
Shared Voting Power
1,590,700.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,590,700.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,590,700.00
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)
7.12 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Calculated based on 22,351,023 shares of common stock of the Issuer (the "Common Stock") outstanding as of February 26, 2026, as reported on the Issuer's Report on Form 10-Q, filed
with the Securities and Exchange Commission on March 4, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Cracker Barrel Old Country Store, Inc.
(b)
Address of issuer's principal executive offices:
The principal executive offices of the Issuer are located at 305 Hartmann Drive, Lebanon, Tennessee, 37087.
Item 2.
(a)
Name of person filing:
i) GMT Capital Corp. ("GMT Capital") with respect to shares of Common Stock directly owned by each of Bay Resource Partners, L.P. ("Bay"), Bay II Resource Partners, L.P. ("Bay II"), Bay Resource Partners Offshore Master Fund, L.P. ("Bay Offshore") and certain sub-advisory and separate account clients advised by GMT Capital (together with Bay, Bay II and Bay Offshore, collectively, the "Managed Funds and Accounts").
ii) Thomas E. Claugus, the control person of GMT Capital, with respect to the shares of Common Stock directly owned by the Managed Funds and Accounts.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 2859 Paces Ferry Road SE Suite 1710, Atlanta, GA 30339.
(c)
Citizenship:
GMT Capital is a Georgia corporation.
Mr. Claugus is a citizen of the United States.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
22410J106
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:
See Rows 5 through 11 of each Reporting Person's cover page.
(b)
Percent of class:
See Rows 5 through 11 of each Reporting Person's cover page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Rows 5 through 11 of each Reporting Person's cover page.
(ii) Shared power to vote or to direct the vote:
See Rows 5 through 11 of each Reporting Person's cover page.
(iii) Sole power to dispose or to direct the disposition of:
See Rows 5 through 11 of each Reporting Person's cover page.
(iv) Shared power to dispose or to direct the disposition of:
See Rows 5 through 11 of each Reporting Person's cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
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.
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.
Thomas E. Claugus is the President of GMT Capital and in that capacity directs the operations of GMT Capital, including the voting and disposition of shares held by the Managed Funds and Accounts.
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.
GMT Capital Corp.
Signature:
/s/ Omar Z. Idilby
Name/Title:
Omar Z. Idilby, General Counsel and CCO
Date:
05/15/2026
Thomas E. Claugus
Signature:
/s/ Thomas E. Claugus
Name/Title:
Thomas E. Claugus, Omar Z. Idilby, attorney in fact*
Date:
05/15/2026
Comments accompanying signature: * Omar Z. Idilby is signing on behalf of Thomas E. Claugus as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby
incorporated by reference herein. The power of attorney was filed as an attachment to a filing by GMT Capital Corp. on Schedule 13G for Hudbay Minerals Inc. on 2/12/24.
The filing reports shared voting and dispositive power over 1,590,700 shares, representing 7.12% of common stock based on the issuer's outstanding shares as of February 26, 2026.
How was the ownership percentage calculated for CBRL?
The percentage is calculated using 22,351,023 shares outstanding as reported in Cracker Barrel's Form 10-Q filed on March 4, 2026, per the filing's explanatory comment.
Who is the reporting person for the CBRL Schedule 13G/A?
The report is filed by GMT Capital Corp. with respect to managed funds and accounts, and by Thomas E. Claugus as the control person of GMT Capital.
Does the filing state any planned transactions or intent?
No transaction intent is stated; the amendment reports current beneficial ownership and attributes shared voting and dispositive power but does not disclose planned purchases, sales, or coordination.
