First Northern (FNRN): Fourthstone Group reports 7.01% passive ownership stake
Rhea-AI Filing Summary
Fourthstone LLC and related entities filed an amended Schedule 13G reporting passive ownership of First Northern Community Bancorp common stock. Fourthstone LLC and L. Phillip Stone each report beneficial ownership of 1,150,060 shares, representing 7.01% of the common stock, based on 16,407,006 shares outstanding as of May 4, 2026. The holdings are reported with shared voting and dispositive power and are certified as not acquired or held for the purpose of changing or influencing control of the issuer.
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Key Figures
Fourthstone LLC beneficial ownership: 1,150,060 shares
Fourthstone LLC percent of class: 7.01 %
Shares outstanding: 16,407,006 shares
+4 more
7 metrics
Fourthstone LLC beneficial ownership
1,150,060 shares
Beneficially owned First Northern Community Bancorp common stock reported by Fourthstone LLC
Fourthstone LLC percent of class
7.01 %
Percentage of First Northern Community Bancorp common stock beneficially owned by Fourthstone LLC and L. Phillip Stone IV
Shares outstanding
16,407,006 shares
First Northern Community Bancorp common stock outstanding as of May 4, 2026
Fourthstone Master Opportunity Fund holding
861,324 shares
Beneficially owned common stock of First Northern Community Bancorp by Fourthstone Master Opportunity Fund Ltd.
Fourthstone Master Opportunity Fund percent
5.25 %
Percent of First Northern Community Bancorp common stock held by Fourthstone Master Opportunity Fund Ltd.
Fourthstone QP Opportunity Fund holding
238,455 shares
Beneficially owned First Northern Community Bancorp shares by Fourthstone QP Opportunity Fund LP
Fourthstone Small-Cap Financials Fund holding
50,281 shares
Beneficially owned First Northern Community Bancorp shares by Fourthstone Small-Cap Financials Fund LP
Key Terms
Schedule 13G, beneficially own, shared voting power, shared dispositive power, +1 more
5 terms
Schedule 13G regulatory
"This is being filed by Fourthstone LLC, a Delaware Limited Liability Company"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially own financial
"Fourthstone GP LLC is the general partner of and may be deemed to beneficially own"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
percent of class financial
"Percent of class: 7.01 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of First Northern Community Bancorp (FNRN) does Fourthstone LLC report owning?
Fourthstone LLC reports 7.01% beneficial ownership of First Northern Community Bancorp. This corresponds to 1,150,060 shares of common stock, calculated against 16,407,006 shares outstanding as of May 4, 2026.
Is Fourthstone’s stake in First Northern Community Bancorp (FNRN) reported as passive?
Yes. The reporting persons certify the securities were not acquired and are not held for the purpose of changing or influencing control. The filing is on Schedule 13G, which is used for passive ownership reporting.
What percentage of FNRN does Fourthstone Master Opportunity Fund Ltd. report?
Fourthstone Master Opportunity Fund Ltd. reports beneficial ownership of 861,324 shares of First Northern Community Bancorp, representing 5.25% of the outstanding common stock, using the same 16,407,006-share base as of May 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.