Summit Grove reports 7.6% GECC stake in amended Schedule 13G/A (GECC)
Rhea-AI Filing Summary
Summit Grove Partners, LLC reports beneficial ownership of common stock of Great Elm Capital Corp. in this amended Schedule 13G filing. Summit Grove holds 1,049,527 shares of common stock, representing 7.6% of the class based on 13,889,750 shares outstanding as of the quarter ended June 30, 2026. Summit Grove has sole voting power and sole dispositive power over all 1,049,527 shares, with no shared voting or dispositive power reported. The amendment is signed by Adam M. Kleinman as Authorized Signatory on August 6, 2026.
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Key Figures
Shares beneficially owned: 1,049,527 shares
Ownership percentage: 7.6%
Shares outstanding: 13,889,750 shares
+2 more
5 metrics
Shares beneficially owned
1,049,527 shares
Common stock of Great Elm Capital Corp. beneficially owned by Summit Grove Partners, LLC
Ownership percentage
7.6%
Percent of GECC common stock class beneficially owned by Summit Grove Partners, LLC
Shares outstanding
13,889,750 shares
GECC common shares outstanding as of the quarter ended June 30, 2026
Sole voting power
1,049,527 shares
Shares over which Summit Grove has sole power to vote or direct the vote
Sole dispositive power
1,049,527 shares
Shares over which Summit Grove has sole power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G
4 terms
beneficially owned financial
"Amount beneficially owned: 1,049,527"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"Sole Voting Power 1,049,527.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"Sole Dispositive Power 1,049,527.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Based on 13,889,750 shares ... in this Schedule 13G/A filing"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Great Elm Capital Corp. (GECC) does Summit Grove Partners own?
Summit Grove Partners, LLC reports beneficial ownership of 7.6% of Great Elm Capital Corp.’s common stock. This is based on 13,889,750 shares outstanding as disclosed in GECC’s Form 10-Q for the quarter ended June 30, 2026.