Rory Held (IMKTA) details Ingles Markets Class A share positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ingles Markets director Rory A. Held has filed an initial Form 3 showing his Class A Common Stock positions. The filing reports 1,120 shares held directly. It also notes that he may be deemed to beneficially own indirectly 429,058 shares held by certain “family clients” of Summer Road LLC, where he serves as Chief Investment Officer, while disclaiming any beneficial ownership or pecuniary interest in those indirect shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Held Rory A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,120 shares (Direct, null);
Class A Common Stock — 429,058 shares (Indirect, See Footnotes)
Footnotes (1)
- [object Object]
Key Figures
Indirect Class A holdings: 429,058 shares
Direct Class A holdings: 1,120 shares
Holding entries reported: 2 entries
3 metrics
Indirect Class A holdings
429,058 shares
Class A Common Stock held by family clients of Summer Road LLC; deemed indirect beneficial ownership disclaimed
Direct Class A holdings
1,120 shares
Class A Common Stock directly owned by Rory A. Held following the reported holdings
Holding entries reported
2 entries
Two Class A Common Stock holding lines, one indirect and one direct, in the Form 3
Key Terms
family office, family clients, beneficially own indirectly, pecuniary interest, +1 more
5 terms
family office financial
"Summer Road LLC, a "family office" that serves as the investment manager"
A family office is a private organization that manages the financial affairs, investments and often day-to-day wealth needs of one wealthy family or a small number of families, acting like a household’s dedicated finance team. It matters to investors because family offices can move large amounts of capital quietly and for the long term—choosing investments, buying firms or funding startups—which can influence market prices, deal availability and how businesses are run.
family clients financial
"an aggregate of 429,058 shares of Class A Common Stock held by certain "family clients""
beneficially own indirectly financial
"Therefore, Mr. Held may be deemed to beneficially own indirectly an aggregate of 429,058 shares"
pecuniary interest financial
"Mr. Held disclaims any beneficial ownership or pecuniary interest in the 429,058 shares"
Investment Advisers Act of 1940 regulatory
"as defined in Rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940, as amended"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
FAQ
What does Rory Held’s Form 3 filing for Ingles Markets (IMKTA) show?
The Form 3 shows Rory A. Held as a director of Ingles Markets holding 1,120 shares of Class A Common Stock directly. It also describes an indirect deemed beneficial interest in 429,058 shares held by family clients of Summer Road LLC, subject to his disclaimer.
How are the indirect Ingles Markets (IMKTA) holdings structured for Rory Held?
Indirect holdings relate to shares owned by family clients of Summer Road LLC, a family office where Rory Held is Chief Investment Officer. The filing explains this structure under the Investment Advisers Act definition of family clients and includes a full disclaimer of beneficial ownership by Held.