Wax Asset Management (NASDAQ: FEIM) now reports 0% ownership stake

Rhea-AI Filing Summary

Frequency Electronics, Inc. received an amended Schedule 13G from Wax Asset Management, LLC reporting that it no longer beneficially owns any of the company’s common stock. The filing shows 0 shares beneficially owned, representing 0% of the class, with no voting or dispositive power.

The filer also states that any securities previously held were acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of Frequency Electronics.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

FREQUENCY ELECTRONICS, INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

358010106

(CUSIP Number)

12/31/2025

(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. 358010106

1

Names of Reporting Persons

Wax Asset Management, LLC

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 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FREQUENCY ELECTRONICS, INC
(b)	Address of issuer's principal executive offices: 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD, N.Y. 11553
Item 2.
(a)	Name of person filing: Wax Asset Management, LLC
(b)	Address or principal business office or, if none, residence: 44 Cherry Lane Madison, CT 06443
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 358010106
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(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 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.

Wax Asset Management, LLC

Signature:	Evan Wax
Name/Title:	Evan Wax President
Date:	02/10/2026

FAQ

What does the latest Schedule 13G/A for FEIM report?

The amended Schedule 13G/A reports that Wax Asset Management, LLC now beneficially owns 0 shares of Frequency Electronics common stock, representing 0% of the class, with no voting or dispositive power remaining over any shares.

Who filed the Schedule 13G/A related to Frequency Electronics (FEIM)?

The filer is Wax Asset Management, LLC, a United States entity. The firm previously reported a position in Frequency Electronics common stock but now reports beneficial ownership of 0 shares and a 0% stake in the issuer’s outstanding common stock.

How many FEIM shares does Wax Asset Management currently beneficially own?

Wax Asset Management currently reports beneficial ownership of 0 shares of Frequency Electronics common stock. The filing also shows 0 sole or shared voting power and 0 sole or shared dispositive power over the issuer’s securities.

What percentage of Frequency Electronics’ stock is held by Wax Asset Management?

Wax Asset Management reports holding 0% of Frequency Electronics’ common stock. The Schedule 13G/A confirms aggregate beneficial ownership of 0 shares, which places the filer in the category of owning five percent or less of the issuer’s equity class.

Why is Wax Asset Management’s FEIM ownership disclosed as 5 percent or less?

Item 5 of the filing states “Ownership of 5 percent or less of a class,” reflecting that Wax Asset Management’s beneficial ownership has fallen to 0 shares, or 0% of Frequency Electronics’ common stock, below the threshold requiring a larger-stake disclosure.

How does Wax Asset Management describe its purpose in holding FEIM securities?

The filer certifies that any securities referred to were acquired and held in the ordinary course of business, not to change or influence control of Frequency Electronics and not in connection with any transaction intended to have that effect, aside from certain nomination activities.