Fourthstone and Funds Hold 1.94% of EBMT Common Stock
Rhea-AI Filing Summary
Schedule 13G/A filed for Eagle Bancorp Montana Inc (EBMT) reports beneficial ownership by Fourthstone LLC and affiliated funds. Fourthstone LLC directly holds 154,242 shares, representing 1.94% of the class based on 7,952,177 shares outstanding as of March 31, 2025. The filing shows Fourthstone LLC has 0 sole and 154,242 shared voting and dispositive powers.
Other reporting persons and positions disclosed: Fourthstone Master Opportunity Fund Ltd 111,438 shares (1.40%); Fourthstone GP LLC 42,804 shares (0.54%); Fourthstone QP Opportunity Fund LP 29,568 shares (0.37%); Fourthstone Small-Cap Financials Fund LP 13,236 shares (0.17%); and L. Phillip Stone, IV 154,242 shares (1.94%). The Reporting Persons certify the shares were acquired in the ordinary course and not to influence control of the issuer.
Positive
- Full disclosure of holdings across Fourthstone LLC and affiliated funds, including exact share counts and percentages
- Certification that shares were acquired in the ordinary course and not to influence control, consistent with Schedule 13G treatment
- Percentages calculated using an explicit share base (7,952,177 shares outstanding) reported in the filing
Negative
- None.
Insights
TL;DR: Fourthstone and affiliated vehicles disclose small, non-controlling stakes in EBMT, fully reported and stated as acquired in the ordinary course.
The filing documents transparent disclosure of holdings across multiple Fourthstone entities, with Fourthstone LLC reporting 154,242 shares (1.94%) of common stock. Holdings for related funds range from 13,236 to 111,438 shares, each below the 5% threshold. The statement that shares were not acquired to influence control is explicit. For investors, these positions are notable as public disclosure but are not material enough individually to indicate a change in corporate control or imminent activist activity based on the filing text alone.
TL;DR: Reported stakes are disclosed and below 5%, with an explicit certification of no intent to influence control.
The Schedule 13G/A identifies multiple reporting persons tied to Fourthstone and confirms shared voting and dispositive power figures (for example, Fourthstone LLC: 154,242 shared votes/dispositive, sole power zero). The filing cites the outstanding share base of 7,952,177 used to compute percentages. Signatures from principals (including L. Phillip Stone, IV and Amy M. Stone) and the certification language support the position that these holdings are passive, consistent with Schedule 13G filings for investment advisers and funds. Impact on governance is limited given the stated passive intent and sub-5% positions.