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Gate City Capital Files 13G/A for STRT Showing No Beneficial Ownership

Filing Impact
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Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Strattec Security Corporation (STRT) is the subject of a Schedule 13G/A filed by Gate City Capital Management, LLC and Michael Melby. The filing, presented as an amendment, states that the reporting persons are filing on behalf of funds advised by Gate City and that Mr. Melby serves as the managing member of the adviser. The statement discloses zero beneficial ownership of the issuer's common stock by both Gate City and Mr. Melby, representing 0% of the class, and reports no voting or dispositive power over any shares. The filing also identifies Gate City as an investment adviser type reporting person and Mr. Melby as an individual reporting person.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: The amendment reports no ownership interest; this is a neutral, non-actionable disclosure for investors.

The Schedule 13G/A confirms 0 shares (0%) beneficially owned by Gate City Capital Management and Michael Melby in Strattec Security Corporation. As filed on behalf of funds advised by Gate City, the disclosure clarifies that neither the adviser nor its managing member holds voting or dispositive power over any common stock of the issuer. From a market-impact perspective, the filing contains no material ownership position that would affect control or signal accumulating interest.

TL;DR: This amendment documents procedural reporting with no change to governance influence due to a 0% stake.

The document identifies Gate City as an investment adviser and Michael Melby as the managing member acting on behalf of advised funds, yet both report no shared or sole voting or dispositive power over shares. For governance considerations, the filing indicates no basis for nominee activity, proxy influence, or control-related engagement stemming from these reporting persons.






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)






SCHEDULE 13G





SCHEDULE 13G




Comment for Type of Reporting Person: This Schedule 13G (this "Schedule 13G") is being filed on behalf of Gate City Capital Management, LLC, an Illinois limited liability company (the "Management Company") and Michael Melby. Mr. Melby serves as the managing member of the Management Company. The Management Company serves as an adviser to certain private investment funds and managed accounts (the "Funds"). This Schedule 13G relates to Common Shares (the "Common Shares") of the Issuer held by the Funds.


SCHEDULE 13G



Gate City Capital Management, LLC
Signature:/s/ Michael Melby
Name/Title:Michael Melby, Managing Member
Date:08/14/2025
Michael Melby
Signature:/s/ Michael Melby
Name/Title:Michael Melby, Managing Member
Date:08/14/2025

FAQ

What does the Schedule 13G/A filed for STRT state about Gate City Capital's holdings?

The filing states that Gate City Capital Management reports 0 shares beneficially owned, representing 0% of the class, with no voting or dispositive power.

Does Michael Melby report any beneficial ownership of STRT shares?

No. Michael Melby reports 0 shares beneficially owned and 0% of the class, with no sole or shared voting or dispositive power.

On whose behalf was this Schedule 13G/A filed?

The filing was made on behalf of certain private investment funds and managed accounts advised by Gate City Capital Management, as stated in the document.

What type of reporting persons are Gate City Capital and Michael Melby?

Gate City Capital is identified as an investment adviser (IA) type reporting person; Michael Melby is identified as an individual (IN) reporting person and managing member of the adviser.

Does this filing indicate any intent to influence control of Strattec (STRT)?

The certification in the filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control; the filing reports no ownership that would indicate such intent.
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