Ingles Markets director Held reports share holdings

Ingles Markets director Rory A. Held has filed an initial Form 3 showing his Class A Common Stock positions.

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Held Rory A.

Role Director

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); Class A Common Stock — 429,058 shares (Indirect, See Footnotes)

Footnotes (1)

1. F1. Rory Held, is the Chief Investment Officer of Summer Road LLC, a "family office" that serves as the investment manager of its "family clients" as defined in Rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940, as amended. Therefore, Mr. Held may be deemed to beneficially own indirectly an aggregate of 429,058 shares of Class A Common Stock held by certain "family clients" of Summer Road LLC. Mr. Held disclaims any beneficial ownership or pecuniary interest in the 429,058 shares of Class A Common Stock described herein.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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 many Ingles Markets (IMKTA) shares does Rory Held report directly owning?

Rory Held reports 1,120 shares of Ingles Markets Class A Common Stock as directly owned. This direct position is separate from the larger block of shares held for family clients of Summer Road LLC, where he serves as Chief Investment Officer, and which he disclaims ownership of.

What is the significance of the 429,058 Ingles Markets shares in the Form 3?

The Form 3 states that 429,058 shares of Class A Common Stock are held by certain family clients of Summer Road LLC. Because Rory Held is its Chief Investment Officer, he may be deemed to beneficially own them indirectly, but he expressly disclaims beneficial ownership and pecuniary interest.

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.

Does Rory Held claim beneficial ownership of the 429,058 Ingles Markets shares?

No. While the filing notes he may be deemed to beneficially own 429,058 shares indirectly through family clients of Summer Road LLC, Rory Held explicitly disclaims any beneficial ownership or pecuniary interest in those shares in the Form 3 footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/27/2026 - 04:22 PM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Held Rory A.

(Last) (First) (Middle)

207 6TH STREET

(Street)

WEST PALM BEACH FLORIDA 33401

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2026

3. Issuer Name and Ticker or Trading Symbol
INGLES MARKETS INC [ IMKTA ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	1,120	D
Class A Common Stock	429,058	I	See Footnotes(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Rory Held, is the Chief Investment Officer of Summer Road LLC, a "family office" that serves as the investment manager of its "family clients" as defined in Rule 202(a)(11)(G)-1 under the Investment Advisers Act of 1940, as amended. Therefore, Mr. Held may be deemed to beneficially own indirectly an aggregate of 429,058 shares of Class A Common Stock held by certain "family clients" of Summer Road LLC. Mr. Held disclaims any beneficial ownership or pecuniary interest in the 429,058 shares of Class A Common Stock described herein.

	/s/ Rory Held	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)