Pinnacle Family Office reports 9.6% SUNation stake
SUNation Energy, Inc. (SUNE) has a new large shareholder disclosure.
Rhea-AI Filing Summary
SUNation Energy, Inc. (SUNE) has a new large shareholder disclosure. Pinnacle Family Office Investments, L.P. and Barry M. Kitt jointly report beneficial ownership of 625,000 shares of SUNation Energy common stock, representing 9.6% of the class. The filing states that they have sole voting and sole dispositive power over all 625,000 shares, with no shared voting or dispositive power.
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Negative
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Key Figures
Shares beneficially owned: 625,000 shares
Percent of class: 9.6%
Sole voting power: 625,000 shares
+3 more
6 metrics
Shares beneficially owned
625,000 shares
Common Stock of SUNation Energy, Inc. reported on Schedule 13G
Percent of class
9.6%
Percentage of SUNation Energy, Inc. common stock class held by the reporting persons
Sole voting power
625,000 shares
Shares over which the reporting persons have sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which the reporting persons have shared power to vote or direct the vote
Sole dispositive power
625,000 shares
Shares over which the reporting persons have sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which the reporting persons have shared power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +2 more
6 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 625,000"
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 as to which the person has | (i) Sole power to vote or to direct the vote: 625,000"
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
"(iii) Sole power to dispose or to direct the disposition of: 625,000"
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.
Schedule 13G regulatory
""form_type": "SCHEDULE 13G""
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.
joint filers regulatory
"Name of person filing: Pinnacle Family Office Investments, L.P. and Barry M Kitt, as joint filers"
Joint Filing Agreement regulatory
"Exhibit Information Joint Filing Agreement"
FAQ
What percentage of SUNE’s common stock does Pinnacle Family Office and Barry M. Kitt own?
They report beneficial ownership of 9.6% of SUNation Energy, Inc.’s outstanding common stock, based on 625,000 shares held with sole voting and sole dispositive power.
What roles do Pinnacle Family Office and Barry M. Kitt have in this SUNE filing?
Pinnacle Family Office Investments, L.P. and Barry M. Kitt are identified as joint filers on the Schedule 13G, with Kitt signing both as Manager of Pinnacle Family Office, LLC (the general partner) and in his individual capacity.
AI-generated analysis. How Rhea-AI works. Not financial advice.