Madison Avenue group reports beneficial ownership of 2,854,710 shares of STAAR SURGICAL common stock as of April 20, 2026. The filing states this equals approximately 5.8% of the outstanding common stock based on 49,512,749 shares outstanding as of February 27, 2026. The Schedule 13G lists Madison Avenue International LP and affiliated entities and individuals (including Eli Samaha) as reporting persons with shared voting and dispositive power over the 2,854,710 shares.
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Insights
Large passive holder reports a 5.8% stake in STAAR SURGICAL.
The Schedule 13G shows Madison Avenue International LP and affiliated entities beneficially own 2,854,710 shares as of April 20, 2026, representing 5.8% of 49,512,749 outstanding shares (issuer 10-K cited as of February 27, 2026). The filing attributes shared voting and dispositive power across a chain of manager/GP entities and an individual reporting person, Eli Samaha.
As a Schedule 13G, the filing is consistent with passive or qualifying institutional ownership reporting; cash‑flow treatment and trading intent are not stated. Subsequent SEC filings or amendments would disclose any change in status or additional transactions.
Key Figures
Reported shares beneficially owned:2,854,710 sharesPercent of class:5.8%Shares outstanding used for calculation:49,512,749 shares
3 metrics
Reported shares beneficially owned2,854,710 sharesBeneficial ownership as of April 20, 2026
Percent of class5.8%Based on 49,512,749 shares outstanding as of February 27, 2026
Shares outstanding used for calculation49,512,749 sharesIssuer's Form 10-K reported as of February 27, 2026
Key Terms
Schedule 13G, Beneficial ownership, Shared dispositive power
3 terms
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: STAAR SURGICAL"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipfinancial
"Item 4. (a) Amount beneficially owned: As of April 20, 2026"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Shared dispositive powerregulatory
"Cover Pages Items 6-8 show Shared Dispositive Power 2,854,710.00"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
STAAR SURGICAL CO
(Name of Issuer)
Common Stock, par value $0.01 per share (the "Common Stock")
(Title of Class of Securities)
852312305
(CUSIP Number)
04/13/2026
(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):
852312305
1
Names of Reporting Persons
Madison Avenue International LP
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
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
852312305
1
Names of Reporting Persons
Madison Avenue Partners, LP
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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
852312305
1
Names of Reporting Persons
EMAI Management, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
852312305
1
Names of Reporting Persons
Madison Avenue GP, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
852312305
1
Names of Reporting Persons
Caraway Jackson Investments 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
852312305
1
Names of Reporting Persons
Eli Samaha
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
0.00
6
Shared Voting Power
2,854,710.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,854,710.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,854,710.00
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)
5.8 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
STAAR SURGICAL CO
(b)
Address of issuer's principal executive offices:
1911 WALKER AVE, MONROVIA, CA, 91016
Item 2.
(a)
Name of person filing:
The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are:
* Madison Avenue International LP,
* Madison Avenue Partners, LP,
* EMAI Management, LLC,
* Madison Avenue GP, LLC,
* Caraway Jackson Investments LLC, and
* Eli Samaha
(b)
Address or principal business office or, if none, residence:
The principal business address for each of the Reporting Persons is 150 East 58th St, 14th Fl, New York, NY 10155.
(c)
Citizenship:
Madison Avenue International LP is a Cayman Islands exempted limited partnership. Madison Avenue Partners, LP is a Delaware limited partnership. Each of EMAI Management, LLC, Madison Avenue GP, LLC and Caraway Jackson Investments LLC is a Delaware limited liability company. Mr. Samaha is a citizen of the United States of America.
(d)
Title of class of securities:
Common Stock, par value $0.01 per share (the "Common Stock")
(e)
CUSIP Number(s):
852312305
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:
As of April 20, 2026, Madison Avenue International LP beneficially owned 2,854,710 shares of Common Stock.
Madison Avenue Partners, LP and Madison Avenue GP, LLC, as the investment manager and general partner of Madison Avenue International LP, respectively, may be deemed to be the beneficial owner of the Common Stock owned directly by Madison Avenue International LP.
EMAI Management, LLC, as the general partner of Madison Avenue Partners, LP, may be deemed to be the beneficial owner of the Common Stock owned directly by Madison Avenue International LP.
Caraway Jackson Investments LLC, as the owner of Madison Avenue GP, LLC, may be deemed to be the beneficial owner of the Common Stock owned directly by Madison Avenue International LP.
Mr. Samaha, as the non-member manager of Madison Avenue GP, LLC, the managing member of EMAI Management, LLC, and the majority owner of Caraway Jackson Investments LLC, may be deemed to be the beneficial owner of the Common Stock owned by Madison Avenue International LP.
(b)
Percent of class:
The following percentage is based on 49,512,749 Common Stock outstanding as of February 27, 2026, as disclosed in the Issuer's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2026.
As of April 20, 2026, the Reporting Persons may be deemed to have beneficially owned approximately 5.8% of the outstanding Common Stock.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
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.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A.
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 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.
Madison Avenue International LP
Signature:
/s/ Eli Samaha
Name/Title:
Eli Samaha, as Manager of Madison Avenue GP, LLC, its General Partner
Date:
04/20/2026
Madison Avenue Partners, LP
Signature:
/s/ Eli Samaha
Name/Title:
Eli Samaha, as Managing Member of EMAI Management, LLC, its General Partner
What stake does Madison Avenue report in STAAR SURGICAL (STAA)?
Madison Avenue reports beneficial ownership of 2,854,710 shares, representing about 5.8% of common stock based on 49,512,749 shares outstanding as of February 27, 2026.
As of what date is the 2,854,710 share ownership reported?
The beneficial ownership is reported as of April 20, 2026, in the Schedule 13G signed and filed by the reporting persons, including Eli Samaha.
Who are the reporting persons named on the Schedule 13G for STAA?
The Schedule 13G lists Madison Avenue International LP, Madison Avenue Partners, EMAI Management, Madison Avenue GP, Caraway Jackson Investments LLC, and Eli Samaha as the reporting persons.
Does the Schedule 13G indicate Madison Avenue has sole voting power?
No. The cover data and Item 4 indicate shared voting and dispositive power over the 2,854,710 shares; sole voting and sole dispositive power are reported as 0.
What outstanding share count does the filing use to calculate percent ownership?
The filing uses 49,512,749 shares outstanding as of February 27, 2026, cited from the issuer's Annual Report on Form 10-K filed March 3, 2026.
