Wax Asset Management reveals 7.76% J.W. Mays (MAYS) stake in SEC filing
Rhea-AI Filing Summary
J.W. Mays, Inc. disclosure: Wax Asset Management, LLC reports beneficial ownership of 156,352 shares of Common Stock, representing 7.76% of the class. The filing lists sole voting and dispositive power over those shares. The form is signed by Evan Wax as President.
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Insights
Stake disclosure indicates a significant passive stake by an investment manager.
Wax Asset Management reports 156,352 shares and 7.76% beneficial ownership with sole voting and dispositive power. This filing records ownership rather than an active takeover proposal.
Future filings may clarify intent if the holder files an amendment indicating activist intentions or changes in voting authority.
AI-generated analysis. How Rhea-AI works. Not financial advice.