Vivek Ramaswamy updates 7.6% stake in Strive

Strive, Inc. received an updated ownership filing from Vivek Ramaswamy and Virtuous Industries LLC.

Accepted by SEC EDGAR 06/01/2026 - 08:10 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Strive, Inc. received an updated ownership filing from Vivek Ramaswamy and Virtuous Industries LLC. Ramaswamy reports beneficial ownership of 5,693,897 shares of Class A common stock, representing 7.6% of the class, assuming conversion of related Class B shares. Virtuous Industries LLC reports beneficial ownership of 106,245 shares, or 0.2% of the class on the same basis.

The amendment mainly updates the percentage-of-class figures to reflect Strive’s ongoing issuance of additional Class A shares under its at-the-market equity offering program. The reporting persons state they have not carried out any transactions in Strive Class A stock during the 60 days before the event date.

Key Figures

Ramaswamy beneficial ownership: 5,693,897 shares Ramaswamy percent of class: 7.6% Virtuous Industries ownership: 106,245 shares +2 more

5 metrics

Ramaswamy beneficial ownership 5,693,897 shares Class A common stock, assumes conversion of Class B

Ramaswamy percent of class 7.6% Class A common stock, as reported in Schedule 13D/A

Virtuous Industries ownership 106,245 shares Class A common stock, assumes conversion of Class B

Virtuous Industries percent of class 0.2% Class A common stock, as reported in Schedule 13D/A

Event date 05/28/2026 Date of event requiring the Schedule 13D/A amendment

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, at-the-market equity offering program, +1 more

5 terms

beneficially owned financial

"Aggregate amount beneficially owned by each reporting person 5,693,897.00"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 5,693,897.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"9 | Sole Dispositive Power 5,693,897.00 10 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

at-the-market equity offering program financial

"as a result of the Issuer's ongoing issuance of additional shares of Class A Common Stock by the Issuer pursuant to the Issuer's at-the-market equity offering program"

A program that lets a company sell newly issued shares directly into the open market at whatever the current trading price is, usually through a broker, and do so gradually over time instead of all at once. Investors care because it can dilute existing ownership and put steady selling pressure on the stock price, while giving the company a flexible, on-demand way to raise cash — like adding small amounts of water to a pool rather than dumping in a bucket.

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

FAQ

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

What ownership stake does Vivek Ramaswamy report in Strive, Inc. (ASST)?

Vivek Ramaswamy reports beneficial ownership of 5,693,897 Strive Class A shares, representing 7.6% of the class, assuming conversion of related Class B stock. This reflects his current disclosed influence level in the company.

How many Strive (ASST) shares does Virtuous Industries LLC beneficially own?

Virtuous Industries LLC reports beneficial ownership of 106,245 Strive Class A shares, equal to 0.2% of the class on an as-converted basis. This stake is calculated assuming conversion of associated Class B common stock into Class A.

Why was this Schedule 13D/A amendment filed for Strive, Inc. (ASST)?

The amendment updates the percentage of class owned by the reporting persons. It reflects Strive’s ongoing issuance of additional Class A shares under its at-the-market equity offering program, which changes percentage calculations without new purchases.

Did Vivek Ramaswamy trade Strive (ASST) shares before this 13D/A amendment?

The reporting persons state they did not effect any transactions in Strive Class A common stock during the 60 days before the filing date. The changes arise from the issuer’s share issuances, not from reported trading activity.

What voting and dispositive power is reported over Strive (ASST) shares?

Vivek Ramaswamy reports sole voting and sole dispositive power over 5,693,897 shares, with no shared power. Virtuous Industries LLC similarly reports sole voting and dispositive power over its 106,245 shares, indicating individual control over these positions.

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. 1)

Strive, Inc.

(Name of Issuer)

Class A Common Stock, $0.001 par value

(Title of Class of Securities)

862945300

(CUSIP Number)

Vivek Ramaswamy
C/O Steve Roberts, 611 Pennsylvania Avenue SE, Suite 353
Washington, DC, 20003
202- 417- 3529

Derek Dostal
Davis Polk & Wardwell LLP, 450 Lexington Avenue
New York, NY, 10017
212-450-4000

Evan Rosen
Davis Polk & Wardwell LLP, 450 Lexington Avenue
New York, NY, 10017
212-450-4000

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

05/28/2026

(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).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 862945300

1

Name of reporting person

Vivek Ramaswamy

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)

OO

5

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

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 5,693,897.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 5,693,897.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

5,693,897.00

12

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

13

Percent of class represented by amount in Row (11)

7.6 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Assumes conversion of Class B Common Stock (as defined below) into Class A Common Stock. See Item 5 below.

SCHEDULE 13D

CUSIP Number(s): 862945300

1

Name of reporting person

Virtuous Industries LLC

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)

OO

5

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

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 106,245.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 106,245.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

106,245.00

12

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

13

Percent of class represented by amount in Row (11)

0.2 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Assumes conversion of Class B Common Stock (as defined below) into Class A Common Stock. See Item 5 below.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, $0.001 par value
(b)	Name of Issuer: Strive, Inc.
(c)	Address of Issuer's Principal Executive Offices: 200 CRESCENT CT, Suite 1400, Dallas, TEXAS , 75201.
Item 1 Comment: This Amendment No. 1 (this "Amendment") amends and supplements the Schedule 13D filed by the Reporting Persons on May 11, 2026 (the "Original Schedule 13D" as amended and supplemented by this Amendment, the "Schedule 13D"). This Amendment is being filed to reflect the updated percentage of class of securities information of the Reporting Persons as a result of the Issuer's ongoing issuance of additional shares of Class A Common Stock by the Issuer pursuant to the Issuer's at-the-market equity offering program. Except as specifically provided herein, this Amendment does not modify any of the information previously reported on the Original Schedule 13D. Capitalized terms not otherwise defined in this Amendment shall have the same meanings ascribed thereto in the Original Schedule 13D. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person assumes responsibility for the accuracy or completeness of the information concerning the other Reporting Persons, except as otherwise provided in Rule 13d-1(k).
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) to the Original Schedule 13D is amended and restated in its entirety as follows: See Items 7-13 of the cover pages to the Amendment and Item 2 of the Schedule 13D (as amended by the Amendment).
(b)	Item 5(b) to the Original Schedule 13D is amended and restated in its entirety as follows: See Items 7-13 of the cover pages to the Amendment and Item 2 of the Schedule 13D (as amended by the Amendment).
(c)	Except as otherwise described in this Schedule 13D, the Reporting Persons have not effected any transactions in the Class A Common Stock during the 60 days preceding the date of this Schedule 13D.

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.

Vivek Ramaswamy

Signature:	/s/ Vivek Ramaswamy
Name/Title:	Vivek Ramaswamy
Date:	06/01/2026

Virtuous Industries LLC

Signature:	/s/ Vivek Ramaswamy
Name/Title:	Vivek Ramaswamy
Date:	06/01/2026