[SCHEDULE 13G] StealthGas, Inc. SEC Filing
Rhea-AI Filing Summary
Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation report beneficial ownership of 1,854,856 shares of StealthGas Inc. common stock, representing 5.02% of the class. The filing states the reporting persons hold sole voting and sole dispositive power over those shares, with no shared voting or dispositive power reported.
The disclosure is made on Schedule 13G. The filing also states that certain funds managed by Renaissance have the right to receive dividends and proceeds from the sale of these securities and includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Both reporting entities are organized in Delaware.
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Insights
TL;DR: Renaissance discloses a material passive stake—1,854,856 shares (5.02%)—with sole voting and dispositive power.
This Schedule 13G filing reports a meaningful, reportable position by Renaissance Technologies entities in StealthGas. The reported 5.02% stake meets the regulatory threshold that triggers public disclosure. The filing explicitly states sole voting and dispositive power for the full position and confirms the securities were acquired and are held in the ordinary course of business, not to effect a change in control. For most investors this represents a notable but non-controlling ownership disclosure rather than an active governance move.
TL;DR: A passive, reportable stake is disclosed; no shared control or group affiliation is indicated.
The filing identifies two Delaware-organized reporting persons and specifies zero shared voting or dispositive power, which indicates the reported shares are under direct control of the reporting entities as disclosed. The statement that certain managed funds have rights to dividends and proceeds clarifies economic arrangements but does not, on its face, indicate coordinated governance action. Absent additional disclosures of agreements or concerted group activity, this Schedule 13G should be viewed as a transparency disclosure rather than a governance change.