KURA SUSHI USA, INC. Schedule 13G/A amendment discloses that Stephens-related reporting persons beneficially own 1,195,923 shares of Class A Common Stock, representing 10.7% of the class. The filing names Stephens Inc., SI Holdings Inc., Stephens Financial Services LLC and Warren A. Stephens as reporting persons and provides addresses and CUSIP 501270102. The amendment is signed by Todd Ferguson with dates shown as 05/07/2026 and the cover records 04/30/2026.
Positive
None.
Negative
None.
Insights
Disclosure shows a >5% position by Stephens entities; routine ownership update.
The amendment lists 1,195,923 shares beneficially owned and a 10.7% stake in Class A Common Stock, with reporting persons and organizational relationships detailed on the cover pages. This is a standard institutional beneficial‑ownership disclosure under Schedule 13G/A.
Key items to watch in subsequent filings include any changes to the percent of class or transfers noted in amendments; timing and cash‑flow treatment are not specified in the excerpt.
Key Figures
Form type:Schedule 13G/AShares beneficially owned:1,195,923 sharesPercent of class:10.7%+1 more
4 metrics
Form typeSchedule 13G/AAmendment No. 7
Shares beneficially owned1,195,923 sharesClass A Common Stock
Percent of class10.7%as reported on cover pages
CUSIP501270102Class A Common Stock identifier
Key Terms
Schedule 13G/A, beneficially own, parent holding company
3 terms
Schedule 13G/Aregulatory
"Amendment No. 7 ) KURA SUSHI USA, INC."
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.
beneficially ownfinancial
"Amount beneficially owned: See responses in row 9 on the cover pages"
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.
parent holding companyregulatory
"Reporting person is a parent holding company of Stephens Inc."
What stake does Stephens report in KURA SUSHI USA (KRUS)?
The filing reports 1,195,923 shares beneficially owned by Stephens-related persons, equal to 10.7% of Class A Common Stock. The ownership is disclosed on a Schedule 13G/A amendment with CUSIP 501270102.
Who are the reporting persons named in the KRUS 13G/A amendment?
The amendment lists Stephens Inc., SI Holdings Inc., Stephens Financial Services LLC and Warren A. Stephens as reporting persons. It notes parent/affiliate relationships and provides organizational citizenship and addresses.
Does the Schedule 13G/A indicate control or voting power for KRUS shares?
The cover shows sole voting power: 1,195,923 and shared dispositive power: 1,195,923 for the reporting persons. Detailed power allocations are provided on the cover pages of the schedule.
When was the KRUS ownership amendment signed and filed?
Signatures are dated 05/07/2026 and the cover page records 04/30/2026. Todd Ferguson signed in multiple capacities as Associate General Counsel and Attorney in Fact.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 7)
KURA SUSHI USA, INC.
(Name of Issuer)
Class A Common Stock, $0.001 par value per share
(Title of Class of Securities)
501270102
(CUSIP Number)
04/30/2026
(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):
501270102
1
Names of Reporting Persons
Stephens Inc.
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
ARKANSAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,195,923.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,195,923.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,195,923.00
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)
10.7 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
501270102
1
Names of Reporting Persons
SI Holdings Inc.
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
ARKANSAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,195,923.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,195,923.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,195,923.00
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)
10.7 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Reporting person is a parent holding company of Stephens Inc. in accordance with Rule 13d-1(b)(1)(ii)(G).
SCHEDULE 13G
CUSIP Number(s):
501270102
1
Names of Reporting Persons
STEPHENS FINANCIAL SERVICES 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
ARKANSAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,195,923.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,195,923.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,195,923.00
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)
10.7 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Reporting person is a parent holding company of Stephens Inc. in accordance with Rule 13d-1(b)(1)(ii)(G).
SCHEDULE 13G
CUSIP Number(s):
501270102
1
Names of Reporting Persons
Warren A. Stephens
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
1,195,923.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,195,923.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,195,923.00
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)
10.7 %
12
Type of Reporting Person (See Instructions)
HC
Comment for Type of Reporting Person: Reporting person is a control person of Stephens Inc. in accordance with Rule 13d-1(b)(1)(ii)(G).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
KURA SUSHI USA, INC.
(b)
Address of issuer's principal executive offices:
17461 Derian Avenue, Suite 200, Irvine, California 92614
Item 2.
(a)
Name of person filing:
See responses in row 1 on the cover pages of this schedule.
(b)
Address or principal business office or, if none, residence:
111 Center Street, Little Rock, Arkansas 72201
(c)
Citizenship:
See responses in row 4 on the cover pages of this schedule.
(d)
Title of class of securities:
Class A Common Stock, $0.001 par value per share
(e)
CUSIP No.:
501270102
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 responses in row 9 on the cover pages of this schedule.
(b)
Percent of class:
See responses in row 11 on the cover pages of this schedule.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See responses in row 5 on the cover pages of this schedule.
(ii) Shared power to vote or to direct the vote:
See responses in row 6 on the cover pages of this schedule.
(iii) Sole power to dispose or to direct the disposition of:
See responses in row 7 on the cover pages of this schedule.
(iv) Shared power to dispose or to direct the disposition of:
See responses in row 8 on the cover pages of this schedule.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Various persons other than the reporting persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of the Common Stock reported on this schedule. Such persons included Jerry N. Carr and Rebecca C. Carr whose joint interests related to more than five percent of the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
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.
