Wasatch Reports 4.3% Stake in Esquire Financial (ESQ) — Schedule 13G/A
Wasatch Advisors LP reports beneficial ownership of 366,186 shares of Esquire Financial Holdings, Inc., representing 4.3% of the company's common stock, via a Schedule 13G/A (Amendment No. 5).
Sentiment and the balance of points
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Rhea-AI Filing Summary
Wasatch Advisors LP reports beneficial ownership of 366,186 shares of Esquire Financial Holdings, Inc., representing 4.3% of the company's common stock, via a Schedule 13G/A (Amendment No. 5). The filing shows Wasatch has sole voting power for 352,814 shares and sole dispositive power for 366,186 shares, with no shared voting or dispositive powers reported. The filing includes a certification that the securities were acquired and are held in the ordinary course of business and are not intended to change or influence control of the issuer. The statement identifies Wasatch as an investment adviser organized in Delaware and lists the firm’s principal business address.
Insights
TL;DR: Wasatch reports a passive 4.3% stake with sole voting and dispositive power for most shares; position disclosed on Schedule 13G/A.
Wasatch Advisors LP discloses beneficial ownership of 366,186 shares, equal to 4.3% of Esquire Financial’s common stock. The filing specifies 352,814 shares with sole voting power and 366,186 shares with sole dispositive power, and reports no shared powers. The signee certifies holdings are in the ordinary course of business and not for the purpose of changing or influencing control. As reported, this is a passive disclosure under Schedule 13G/A (Amendment No. 5) rather than an active control filing.
TL;DR: Filing shows no group affiliation or shared control and affirms non-control intent for a sub-5% position.
The statement indicates Wasatch Advisors LP is not filing as part of a group and lists certain items as "Not Applicable," including group membership and parent/subsidiary acquisition classification. The disclosure includes an explicit certification that the securities are not held to influence control. Given the reported 4.3% ownership and absence of shared voting/dispositive power, the filing reflects a non-controlling, reportable passive stake under SEC Schedule 13G/A procedures.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake did Wasatch Advisors report in Esquire Financial (ESQ)?
How much voting power does Wasatch Advisors have in ESQ?
Is the Wasatch stake reported as intended to influence control of ESQ?
What filing type was used to disclose Wasatch's position in ESQ?
AI-generated analysis. How Rhea-AI works. Not financial advice.