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Sturm, Ruger & Company, Inc. (RGR) – Form 3 Filing
Director-elect Bruce T. Pettet filed an initial statement of beneficial ownership (Form 3) for the event dated 19 June 2025. The filing indicates that, as of the reporting date, Pettet holds no common shares or derivative securities of the company. The document was signed on 27 June 2025 by attorney-in-fact David J. Muhlenberg.
The submission fulfils Section 16(a) disclosure requirements and confirms board membership but does not signal any equity purchase, sale, or option grant. Consequently, the filing has minimal immediate financial impact and serves primarily as a compliance disclosure for investors tracking insider ownership.
On 19 June 2025, Sturm, Ruger & Company, Inc. (NYSE: RGR) filed a Form 8-K announcing two governance actions.
- Board expansion: The Board increased from nine to ten members and immediately elected Bruce Pettet, President & CEO of Leupold & Stevens, Inc., as an independent, non-management director.
- By-law amendment: Article 3, Section 2 of the Company’s by-laws was amended and restated to raise the maximum Board size to ten directors.
Pettet will receive the Company’s standard non-management director compensation disclosed in the 17 April 2025 proxy statement. The Board has not yet assigned him to any committees. The filing states there are no related-party arrangements or material transactions involving Pettet. No financial data, earnings information, or major transactions were included in this report.
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