Askeladden Capital Management LLC and Samir Patel report that they no longer beneficially own any shares of inTEST Corp common stock. The amendment lists 0 shares beneficially owned and 0.0% of the class, with no sole or shared voting or dispositive power.
The filing explains that securities were previously held in separately managed accounts for Askeladden’s investment advisory clients, but each reporting person now reports ownership of 5 percent or less of inTEST Corp’s common stock. Shares outstanding were 12,564,657 as of April 30, 2026; this is a baseline figure, not the amount involved in this amendment.
Positive
None.
Negative
None.
Key Figures
Beneficially owned shares:0Ownership percentage:0.0%Shares outstanding:12,564,657+1 more
4 metrics
Beneficially owned shares0Shares of inTEST Corp common stock reported as beneficially owned by Askeladden and Samir Patel
Ownership percentage0.0%Percent of inTEST Corp common stock class reported as owned
Shares outstanding12,564,657Shares of inTEST Corp common stock outstanding as of April 30, 2026
Ownership threshold5 percent or lessReported status under Item 5: Ownership of 5 percent or less of a class
Key Terms
beneficial owner, Managed Accounts, dispositive power, percent of class, +1 more
5 terms
beneficial ownerregulatory
"neither the filing of this statement nor anything herein shall be construed as an admission that such person is ... the beneficial owner of any securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Managed Accountsfinancial
"The separately managed accounts on behalf of investment advisory clients ('Managed Accounts') of Askeladden are the record and direct beneficial owners"
Managed accounts are collections of investments owned by an individual or institution but run day-to-day by a professional who buys, sells and allocates assets according to an agreed plan. They matter to investors because they provide tailored oversight, active risk control and potential tax efficiency—like hiring a personal chef to manage your diet—while fees and the manager’s skill directly affect returns.
dispositive powerregulatory
"Sole Dispositive Power 0.00 6 | Shared Dispositive Power 0.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
percent of classfinancial
"Percent of class: The percentage calculated in Item 11 is based on 12,564,657 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.
member of a groupregulatory
"may be deemed to be a member of a group with respect to the issuer or securities of the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Askeladden Capital report in this Schedule 13G/A for INTT?
Askeladden Capital Management LLC and Samir Patel reported 0 shares of inTEST Corp common stock beneficially owned, representing 0.0% of the outstanding class, indicating they now hold 5 percent or less of the company’s shares.
What percentage of inTEST Corp (INTT) does Askeladden Capital now own?
The amendment reports that Askeladden Capital Management LLC and Samir Patel beneficially own 0.0% of inTEST Corp’s common stock, confirming ownership of 5 percent or less of the outstanding shares of the issuer.
How many inTEST Corp (INTT) shares are outstanding for this 13G/A calculation?
The reported ownership percentages are based on 12,564,657 shares of inTEST Corp common stock outstanding as of April 30, 2026, as stated in the company’s Quarterly Report for the quarter ended March 31, 2026.
Who filed the amended beneficial ownership report for inTEST Corp (INTT)?
The report was jointly filed by Askeladden Capital Management LLC, a Texas limited liability company, and Samir Patel, its managing member. Both may be deemed to have had beneficial ownership through managed accounts for advisory clients.
What voting and dispositive power do the filers report over INTT shares?
The filers report 0.00 sole voting power, 0.00 shared voting power, 0.00 sole dispositive power, and 0.00 shared dispositive power over inTEST Corp common stock, consistent with their reported 0 shares beneficially owned.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
INTEST CORP
(Name of Issuer)
Common Stock
(Title of Class of Securities)
461147100
(CUSIP Number)
04/11/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
461147100
1
Names of Reporting Persons
ASKELADDEN CAPITAL MANAGEMENT LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
TEXAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
461147100
1
Names of Reporting Persons
Samir Patel
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
0.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
INTEST CORP
(b)
Address of issuer's principal executive offices:
804 EAST GATE DR., SUITE 200, 804 EAST GATE DR., SUITE 200, MT. LAUREL, NEW JERSEY, 08054.
Item 2.
(a)
Name of person filing:
This statement is being jointly filed by and on behalf of each of Askeladden Capital Management, LLC, a Texas limited liability company ('Askeladden') and Samir Patel.
The separately managed accounts on behalf of investment advisory clients ('Managed Accounts') of Askeladden are the record and direct beneficial owners of the securities covered by this statement. As the investment adviser to the Managed Accounts, Askeladden may be deemed to beneficially own the securities covered by this statement. Mr. Patel is the Member of, and may be deemed to beneficially own securities owned by, Askeladden.
Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.
Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer.
(b)
Address or principal business office or, if none, residence:
1452 Hughes Road, Suite 200 #582, Grapevine, Texas 76051
(c)
Citizenship:
See Item 4 on the cover page(s) hereto
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
461147100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See Item 9 on the cover page(s) hereto.
(b)
Percent of class:
The percentage calculated in Item 11 is based on 12,564,657 shares of Common Stock outstanding as of April 30, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 and as filed with the SEC on May 11, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Item 5 on the cover page(s) hereto
(ii) Shared power to vote or to direct the vote:
See Item 6 on the cover page(s) hereto
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 on the cover page(s) hereto
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 on the cover page(s) hereto
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.