Beretta discloses 9.95% stake in Sturm Ruger

Beretta Holding S.A. filed Amendment No. 3 to its Schedule 13D on Sturm, Ruger & Company, updating its ownership and governance intentions.

Accepted by SEC EDGAR 02/26/2026 - 09:19 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Beretta Holding S.A. filed Amendment No. 3 to its Schedule 13D on Sturm, Ruger & Company, updating its ownership and governance intentions. Beretta reports beneficial ownership of 1,587,000 shares of common stock, representing 9.95% of the class, based on 15,944,253 shares outstanding as of October 17, 2025. The filing states these shares were acquired using working capital for an aggregate purchase price of about $60.3 million, including commissions. Beretta also discloses that on February 24, 2026, it sent a letter to the company announcing its intention to nominate four directors for election at the 2026 annual meeting: William Detwiler, Mark DeYoung, Fredrick DiSanto, and Michael Christodolou. The amendment further notes that Beretta has not traded Sturm Ruger stock during the prior 60 days.

Insights

Governance and activism analyst

Beretta’s 9.95% stake and four board nominees signal an active governance push at Sturm Ruger.

Beretta Holding S.A. now reports beneficial ownership of 1,587,000 shares, or 9.95%, of Sturm Ruger, acquired for about $60.3 million. This positions Beretta as a significant shareholder with clear influence potential, though still below a blocking or control threshold.

The new element is Beretta’s February 24, 2026 letter stating its intention to nominate four directors at the 2026 annual meeting. The named nominees, if elected, could materially reshape board composition and strategy, but outcomes will depend on how other shareholders vote at the meeting.

The filing also notes no trades in the prior 60 days, suggesting Beretta’s focus is currently on governance rather than changing its economic exposure. Subsequent company and proxy materials around the 2026 annual meeting may clarify how this proposed slate fits into broader strategic discussions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Beretta Holding S.A. report in Sturm Ruger (RGR)?

Beretta Holding S.A. reports beneficial ownership of 1,587,000 Sturm Ruger common shares, representing 9.95% of the outstanding stock, based on 15,944,253 shares outstanding as of October 17, 2025.

How much has Beretta Holding S.A. invested in Sturm Ruger (RGR) shares?

Beretta states it acquired its 1,587,000 Sturm Ruger shares using working capital for an aggregate purchase price of approximately $60.3 million, including brokerage commissions, according to the amended Schedule 13D filing.

What board changes is Beretta proposing at Sturm Ruger (RGR)?

Beretta’s filing says that on February 24, 2026, it sent a letter stating its intention to nominate four directors at Sturm Ruger’s 2026 annual meeting: William Detwiler, Mark DeYoung, Fredrick DiSanto, and Michael Christodolou.

Has Beretta traded Sturm Ruger (RGR) stock recently according to this filing?

The amended Schedule 13D states that during the past 60 days, Beretta Holding S.A. has not effected any transactions in Sturm Ruger’s common stock, indicating no recent buying or selling activity in that period.

Why did Beretta Holding S.A. file Amendment No. 3 to its Schedule 13D on Sturm Ruger (RGR)?

Amendment No. 3 updates Beretta’s reported beneficial ownership details and discloses its February 24, 2026 letter stating an intention to nominate four directors for election at Sturm Ruger’s 2026 annual shareholder meeting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

STURM RUGER & CO INC

(Name of Issuer)

Common Stock, $1.00 par value per share

(Title of Class of Securities)

864159108

(CUSIP Number)

Robert Eckert
Beretta Holding S.A., 9 rue Sainte Zithe,
Luxembourg, N4, L-2763
352 691 325 028

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/24/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 864159108

1

Name of reporting person

Beretta Holding S.A.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

LUXEMBOURG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,587,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,587,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,587,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.95 %

14

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person:

Row 13 - This percentage of the shares of Common Stock beneficially owned is based on approximately 15,944,253 shares of the Issuer's Common Stock outstanding as of October 17, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $1.00 par value per share
(b)	Name of Issuer: STURM RUGER & CO INC
(c)	Address of Issuer's Principal Executive Offices: 1 Lacey Place, Southport, CONNECTICUT , 06890.
Item 1 Comment: This Amendment No. 3 to the Schedule 13D ("Amendment No. 3") is being filed on behalf of the undersigned, Beretta Holding S.A. (the "Reporting Person"), to amend the Schedule 13D filed by the Reporting Person with the SEC on September 22, 2025, the first amendment to the Schedule 13D filed by the Reporting Person with the SEC on October 2, 2025, and the second amendment to the Schedule 13D filed by the Reporting Person with the SEC on December 1, 2025 (collectively, as amended, the "Schedule 13D"). Except as specifically amended and supplemented by this Amendment No. 3, the information previously reported in the Schedule 13D remains unchanged. All capitalized terms contained herein but not otherwise defined shall have the meaning ascribed to such terms in the Schedule 13D.
Item 3.	Source and Amount of Funds or Other Consideration
	This Item 3 is hereby amended as follows: The shares purchased by the Reporting Person were purchased with working capital. The aggregate purchase price of the 1,587,000 shares beneficially owned by the Reporting Person is approximately $60.3 million, including brokerage commissions.
Item 4.	Purpose of Transaction
	This Item 4 is hereby amended to include the following: On February 24, 2026, the Reporting Person sent a letter to the Issuer setting forth its intention to nominate four directors for election at the Issuer's 2026 annual meeting of shareholders (the "Annual Meeting") and serving as notice of nomination in accordance with the Issuer's amended and restated bylaws and Rule 14a-19(b) under the Securities Exchange Act of 1934, as amended. In the letter, the Reporting Person nominated, and notified the Issuer of the Reporting Person's intent to nominate Mr. William Detwiler, Mr. Mark DeYoung, Mr. Fredrick DiSanto, and Mr. Michael Christodolou as nominees for election to the Issuer's board of directors at the Annual Meeting.
Item 5.	Interest in Securities of the Issuer
(c)	This Item 5 is hereby amended as follows: During the past 60 days, the Reporting Person has not effected any transaction with respect to the Issuer's Common Stock.

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.

Beretta Holding S.A.

Signature:	/s/ Robert Eckert
Name/Title:	Robert Eckert/General Manager of Beretta Holding S.A.
Date:	02/26/2026