Groupon (GRPN) gains 6.5% stake holder via Continental and Gorzynski
Rhea-AI Filing Summary
Groupon, Inc. has a significant shareholder group led through Continental General Insurance Company and affiliated entities, including Continental Insurance Group, Ltd., Continental General Holdings LLC, and Michael Gorzynski. As of June 30, 2026, this group beneficially owned 2,479,085 shares of Groupon common stock.
Based on 37,983,980 shares outstanding as of May 4, 2026, the holding represents approximately 6.5% of the outstanding common stock. Voting and dispositive power over these shares is reported as shared among the reporting entities and Gorzynski.
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Key Figures
Shares beneficially owned: 2,479,085 shares
Percent of class: 6.5%
Shares outstanding: 37,983,980 shares
+2 more
5 metrics
Shares beneficially owned
2,479,085 shares
Groupon common stock beneficially owned as of June 30, 2026
Percent of class
6.5%
Ownership percentage of Groupon common stock based on shares outstanding
Shares outstanding
37,983,980 shares
Groupon shares outstanding as of May 4, 2026, used for ownership calculation
Shared voting power
2,479,085 shares
Shares over which reporting persons have shared voting power
Shared dispositive power
2,479,085 shares
Shares over which reporting persons have shared dispositive power
Key Terms
beneficially own, shared voting power, shared dispositive power, percent of class, +1 more
5 terms
beneficially own financial
"may be deemed to beneficially own the 2,479,085 Shares beneficially owned by CGIC"
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
"may be deemed to own approximately 6.5% of the outstanding Shares"
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.
Schedule 13G/A regulatory
"a group has filed this schedule pursuant to 1(c) or 1(d)"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
FAQ
How much of Groupon (GRPN) stock does the Continental group own?
The Continental group and Michael Gorzynski beneficially own 2,479,085 shares of Groupon common stock, representing approximately 6.5% of the outstanding shares based on 37,983,980 shares outstanding as of May 4, 2026.
Who are the reporting persons in this Groupon (GRPN) Schedule 13G/A?
The reporting persons are Continental General Insurance Company, Continental Insurance Group, Ltd., Continental General Holdings LLC, and Michael Gorzynski, who may be deemed to beneficially own the same 2,479,085 Groupon shares through their ownership chain.
What percentage of Groupon (GRPN) does Michael Gorzynski report owning?
Michael Gorzynski may be deemed to beneficially own approximately 6.5% of Groupon’s outstanding common stock, corresponding to 2,479,085 shares, based on 37,983,980 shares outstanding as of May 4, 2026.
As of what date is the Groupon (GRPN) ownership in this filing measured?
The beneficial ownership of 2,479,085 shares of Groupon common stock is stated as of the close of business on June 30, 2026, with the percentage based on 37,983,980 shares outstanding as of May 4, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.