Stewards: Napolitano reports 40.6M-share ownership
The reported share totals distinguish LLC-held stock from record-owned family shares and describe separate voting and dispositive authority.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
Stewards, Inc. (SWRD) lists Vincent C. Napolitano, a 10% owner and Director Emeritus, and VK Nap Family LLC, also a 10% owner, in its ownership disclosures. The LLC holds 40,049,524 shares directly; Napolitano, its managing member, has voting and dispositive power over those shares. His reported aggregate is 40,577,924 shares, including 528,400 shares held of record by his children. He has no contract conferring voting or dispositive power over the children’s shares and disclaims beneficial ownership except to the extent of any pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Napolitano Vincent C, VK Nap Family LLC
Role
10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.0001 per share F2, F4, F1 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
| holding | Common Stock, par value $0.0001 per share F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 40,049,524 shares (Indirect, By VK Nap Family, LLC);
Common Stock, par value $0.0001 per share — 208,180 shares (Indirect, By son, Vincent M. Napolitano Jr.);
Common Stock, par value $0.0001 per share — 64,044 shares (Indirect, By son, Andrew Napolitano);
Common Stock, par value $0.0001 per share — 64,044 shares (Indirect, By daughter, Ashley Napolitano);
Common Stock, par value $0.0001 per share — 64,044 shares (Indirect, By son, Thomas Napolitano);
Common Stock, par value $0.0001 per share — 64,044 shares (Indirect, By son, Joseph Napolitano);
Common Stock, par value $0.0001 per share — 64,044 shares (Indirect, By son, Matthew Napolitano)
Footnotes (4)
- F1. The shares reported on the first line of Table I are held of record by VK Nap Family, LLC. VK Nap Family, LLC is a reporting person on this Form 3 and a 10% owner of the issuer. Those shares are owned directly by the LLC and indirectly by Vincent C. Napolitano. Mr. Napolitano is the Managing Member of the LLC and has voting and dispositive power over the shares held by the LLC. VK Nap Family, LLC is a Wyoming limited liability company owned 50% by The Vincent Napolitano Living Trust dated January 14, 2025 and 50% by The Kathleen Napolitano Living Trust dated January 14, 2025. Kathleen Napolitano has no other holdings of issuer securities except that 50% interest. Each reporting person disclaims beneficial ownership except to the extent of that reporting person's pecuniary interest therein.
- F2. The amount reported is 40,049,524 shares. That figure reflects a charitable donation of 350,000 shares previously included in the 40,399,524 amount disclosed in the issuer's Form S-1.
- F3. Includes shares held of record by Mr. Napolitano's children who share his household: Vincent M. Napolitano Jr. (208,180); Andrew Napolitano (64,044); Ashley Napolitano (64,044); Thomas Napolitano (64,044); Joseph Napolitano (64,044); and Matthew Napolitano (64,044). Matthew Napolitano is a minor. The shares are owned of record by those persons. Mr. Napolitano may be deemed to have a pecuniary interest in those shares under Rule 16a-1(a)(2) solely because of that household relationship. He does not have a contract conferring voting or dispositive power over those shares. He disclaims beneficial ownership except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that either reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose. Those household shares are reported only as to Mr. Napolitano. VK Nap Family, LLC has no pecuniary, voting, or dispositive interest in them.
- F4. Aggregate common stock reported by Mr. Napolitano is 40,577,924 shares (40,049,524 LLC + 528,400 children). Aggregate common stock reported by VK Nap Family, LLC is 40,049,524 shares. Vincent C. Napolitano is Director Emeritus and is not a voting member of the Board, he is filing solely as a 10% owner. VK Nap Family, LLC is filing solely as a 10% owner.
Key Figures
Shares held directly by VK Nap Family LLC: 40,049,524 shares
Vincent C. Napolitano reported aggregate common stock: 40,577,924 shares
Children's shares held of record: 528,400 shares
3 metrics
Shares held directly by VK Nap Family LLC
40,049,524 shares
Reported common stock held directly by the LLC
Vincent C. Napolitano reported aggregate common stock
40,577,924 shares
Aggregate reported by Vincent C. Napolitano
Children's shares held of record
528,400 shares
Included in Vincent C. Napolitano's reported aggregate
Key Terms
beneficial ownership, pecuniary interest, voting and dispositive power, held of record
4 terms
beneficial ownership regulatory
"disclaims beneficial ownership except to the extent"
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.
pecuniary interest regulatory
"except to the extent of that reporting person's pecuniary interest"
voting and dispositive power regulatory
"has voting and dispositive power over the shares"
held of record regulatory
"shares held of record by Mr. Napolitano's children"
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