Askeladden Capital (INTT) files update showing 0% ownership in inTEST
Rhea-AI Filing Summary
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: 0
Ownership percentage: 0.0%
Shares outstanding: 12,564,657
+1 more
4 metrics
Beneficially owned shares
0
Shares of inTEST Corp common stock reported as beneficially owned by Askeladden and Samir Patel
Ownership percentage
0.0%
Percent of inTEST Corp common stock class reported as owned
Shares outstanding
12,564,657
Shares of inTEST Corp common stock outstanding as of April 30, 2026
Ownership threshold
5 percent or less
Reported 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 owner regulatory
"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 Accounts financial
"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 power regulatory
"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 class financial
"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 group regulatory
"may be deemed to be a member of a group with respect to the issuer or securities of the issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.