Schedule 13G/A: RWWM Reports 6.14M CRI Shares, 16.86% Ownership
Rhea-AI Filing Summary
RWWM, Inc. and related persons reported beneficial ownership of Carter's Inc. (CRI) common stock totaling 6,141,521 shares, representing 16.86% of the class as of the reporting event date 08/31/2025. RWWM, Inc. (an investment adviser organized in California) holds sole dispositive power over those 6,141,521 shares while recording no sole voting power. The RWWM Inc. 401(k) Profit Sharing Plan holds 8,604 shares (0.02%) with shared voting power. Scott P. Roseman and Aaron J. Wagner are named individuals: both report shared dispositive power over 6,141,521 shares; Mr. Wagner reports 849 shares with sole voting power. The filing states the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.
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Insights
TL;DR: RWWM's 16.86% stake is a material ownership disclosure that could affect CRI's share register and block trading dynamics.
RWWM, Inc.'s reported 6,141,521 shares (16.86%) represent a large, legally disclosed position requiring public reporting under Schedule 13G/A. The filing clarifies dispositive and voting arrangements: RWWM retains sole dispositive power while voting power is largely shared among named individuals. For investors, this filing is primarily a disclosure of concentration in the register rather than an announced change in control strategy; the signatories certify the holdings are in the ordinary course of business and not intended to influence control.
TL;DR: The filing highlights concentrated beneficial ownership and records specific voting/dispositive allocations among advisers and principals.
The Schedule 13G/A identifies both institutional and individual actors: RWWM, Inc. as investment adviser, its 401(k) plan, and two named individuals, Scott P. Roseman and Aaron J. Wagner. The statement documents that RWWM holds sole dispositive power while voting powers are allocated (Mr. Wagner shows 849 sole votes; shared voting power is 8,604). The certification language affirms no intent to effect control, which is relevant for governance oversight and proxy considerations.