Stewards COO reports 3.22M-share stock holding
Stewards, Inc.’s chief operating officer reports over 3.26 million common shares including family-held stock, with limited beneficial ownership claimed on his daughters’ holdings.
Rhea-AI Filing Summary
Stewards, Inc. (SWRD) reported that its Chief Operating Officer, Korte Vaughan Cristopher, filed an initial statement of beneficial ownership on common stock. He holds 3,219,062 shares directly, and may be deemed to have a pecuniary interest in an additional 50,000 shares held of record by his daughters, for an aggregate of 3,269,062 shares referenced in the filing, while disclaiming beneficial ownership of the daughters’ shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Korte Vaughan Cristopher
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.0001 per share F1, F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F2 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 3,219,062 shares (Direct);
Common Stock, par value $0.0001 per share — 25,000 shares (Indirect, By daughter, Bethany Korte);
Common Stock, par value $0.0001 per share — 25,000 shares (Indirect, By daughter, Rylie Korte)
Footnotes (3)
- F1. The 3,219,062 shares of common stock reported in Table I are held directly by the reporting person.
- F2. Includes 25,000 shares held of record by the reporting person's daughter Bethany Korte and 25,000 shares held of record by the reporting person's daughter Rylie Korte. Each shares the reporting person's household. The reporting person's spouse holds no issuer securities in her own name. The shares are owned of record by the daughters. The reporting person may be deemed to have a pecuniary interest in those shares under Rule 16a-1(a)(2) solely because of that household relationship. The reporting person does not have a contract conferring voting or dispositive power over those shares. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- F3. Aggregate reported common stock is 3,269,062 shares (3,219,062 direct; 25,000 Bethany Korte; 25,000 Rylie Korte).
Key Figures
Direct common shares held: 3,219,062 shares
Shares held by daughter Bethany: 25,000 shares
Shares held by daughter Rylie: 25,000 shares
+1 more
4 metrics
Direct common shares held
3,219,062 shares
Common Stock of Stewards, Inc. held directly by the COO as reported in Form 3
Shares held by daughter Bethany
25,000 shares
Common Stock held of record by daughter Bethany Korte
Shares held by daughter Rylie
25,000 shares
Common Stock held of record by daughter Rylie Korte
Aggregate common stock referenced
3,269,062 shares
Aggregate of direct holdings and daughters’ holdings cited in a footnote
Key Terms
pecuniary interest, beneficial ownership, Rule 16a-1(a)(2), Section 16
4 terms
pecuniary interest financial
"The reporting person may be deemed to have a pecuniary interest in those shares"
beneficial ownership financial
"The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest"
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.
Rule 16a-1(a)(2) regulatory
"may be deemed to have a pecuniary interest in those shares under Rule 16a-1(a)(2)"
Section 16 regulatory
"beneficial owner of such shares for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for SWRD disclose about Korte Vaughan Cristopher’s holdings?
The Form 3 states that the chief operating officer holds 3,219,062 shares of Stewards, Inc. common stock directly and that an aggregate of 3,269,062 shares is referenced when including shares held of record by his two daughters.
What is the aggregate SWRD common stock referenced for the Stewards, Inc. COO and his household?
A footnote states the aggregate reported common stock is 3,269,062 shares, consisting of 3,219,062 direct shares plus 25,000 shares for each of his daughters Bethany and Rylie.
AI-generated analysis. How Rhea-AI works. Not financial advice.
