[SCHEDULE 13G/A] Chicago Rivet & Machine Co. SEC Filing

Rhea-AI Filing Summary

Schedule 13G Overview: The joint filing discloses that Kanen Wealth Management LLC, its managing member David L. Kanen, and two affiliated investment vehicles—Philotimo Fund LP and Philotimo Focused Growth & Income Fund (PHLOX)—collectively own 381,805 shares of AYTU BioPharma, Inc. (AYTU) common stock, representing approximately 6.2 % of the 6,170,246 shares outstanding as of 1 May 2025.

The ownership is split as follows: Philotimo Fund holds 255,810 shares (4.1 %), PHLOX holds 125,995 shares (2.0 %), while Kanen Wealth Management and Mr. Kanen are deemed to beneficially own the aggregate total by virtue of their control positions. All voting and dispositive powers are reported as shared; no individual entity has sole authority over the shares. The filing is made pursuant to Rule 13d-1(c), indicating a passive investment intent. Certifications clarify the securities were not acquired to influence or change control of the issuer.

Investor take-aways: 1) A single concentrated investment adviser has crossed the 5 % threshold, adding a noteworthy institutional holder to AYTU’s register. 2) Although passive, the group’s stake could still provide support for future capital raises or governance matters given AYTU’s relatively small float. 3) No new purchase price, cost basis, or transactional timeline beyond the 14 May 2025 “event date” is disclosed, limiting insight into buying momentum.

Positive

• Kanen Wealth Management and affiliates now own 6.2 % of AYTU’s outstanding shares, increasing institutional ownership and potentially improving liquidity and market visibility.

Negative

• None.

Insights

Securities Analyst

TL;DR – Kanen group reveals 6.2 % passive stake in AYTU, signalling incremental institutional support but no activist intent.

Crossing the 5 % threshold brings Kanen Wealth Management onto investors’ radar. The adviser has a history of value-oriented small-cap positions, so its 6.2 % ownership may bolster market perception of AYTU’s long-term prospects. Because powers are shared across funds, the group could unify votes if governance issues arise, yet the 13G (rather than 13D) filing and explicit certification of non-control intent reduce the probability of near-term activism. The holding is meaningful versus AYTU’s low share count but remains below levels that typically trigger board influence. Overall impact is modestly positive: an additional supportive holder without the overhang of an aggressive activist.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Chicago Rivet & Machine Co.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

168088102

(CUSIP Number)

06/30/2025

(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)

SCHEDULE 13G

CUSIP No. 168088102

1

Names of Reporting Persons

Stanley Kesselman

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 39,650.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 39,650.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

39,650.00

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)

4.1 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Chicago Rivet & Machine Co.
(b)	Address of issuer's principal executive offices: 901 Frontenac Road, Naperville, IL 60563
Item 2.
(a)	Name of person filing: Stanley Kesselman
(b)	Address or principal business office or, if none, residence: c/o Maxim Group, 300 Park Ave, 16th Floor, New York, NY 10022
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 168088102
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: 39,650
(b)	Percent of class: 4.1%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 39,650
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 39,650
	(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.
	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.
	Not Applicable
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 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.

Stanley Kesselman

Signature:	/s/ Stanley Kesselman
Name/Title:	Stanley Kesselman
Date:	07/03/2025

FAQ

How many AYTU shares does Kanen Wealth Management control?

Kanen Wealth Management and related entities control 381,805 shares, or 6.2 % of AYTU’s outstanding stock.

Which funds hold AYTU stock under the Kanen group filing?

The stake is split between Philotimo Fund LP (255,810 shares) and Philotimo Focused Growth & Income Fund (125,995 shares).

Is the Kanen group filing activist or passive?

The Schedule 13G was filed under Rule 13d-1(c) with certifications of passive investment intent; no control-seeking actions are stated.

What percentage of AYTU does each reporting person own individually?

Philotimo Fund owns 4.1 %; PHLOX owns 2.0 %; Kanen Wealth Management and David L. Kanen each report 6.2 % through shared ownership.

Why did the Kanen group have to file a Schedule 13G?

Crossing the 5 % ownership threshold in AYTU common stock triggered the requirement to disclose beneficial ownership under SEC rules.