Holder reports 9.9% stake in Universal Safety

Universal Safety Products, Inc. ownership update: David E. Lazar amended his Schedule 13G/A to report beneficial ownership of 281,400 shares, equal to 9.9% of common stock.

Accepted by SEC EDGAR 05/07/2026 - 05:13 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Universal Safety Products, Inc. ownership update: David E. Lazar amended his Schedule 13G/A to report beneficial ownership of 281,400 shares, equal to 9.9% of common stock. The filing cites 2,842,787 shares outstanding as of March 31, 2026 and reports the 281,400 shares as of May 7, 2026; shared voting and dispositive power are reported for those shares.

Key Figures

Shares beneficially owned: 281,400 shares Percent of class: 9.9% Shares outstanding: 2,842,787 shares

3 metrics

Shares beneficially owned 281,400 shares Reported beneficial ownership as of May 7, 2026

Percent of class 9.9% Calculated based on outstanding shares as of March 31, 2026

Shares outstanding 2,842,787 shares Shares outstanding as of March 31, 2026

Key Terms

Schedule 13G/A, beneficially owned, shared dispositive power

3 terms

Schedule 13G/A regulatory

"Amendment No. 1; Schedule 13G/A filing header"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"As of the close of business on May 7, 2026, the Reporting Person beneficially owned 281,400 Shares"

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.

shared dispositive power regulatory

"Shared Dispositive Power 281,400.00"

FAQ

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

What does David E. Lazar report for UUU in this Schedule 13G/A?

He reports beneficial ownership of 281,400 shares, representing 9.9% of Universal Safety Products' common stock, with the holding stated as of May 7, 2026. The filing notes 2,842,787 shares outstanding as of March 31, 2026.

How is the 9.9% stake calculated for Universal Safety (UUU)?

The filing bases the percentage on 2,842,787 shares outstanding as of March 31, 2026. Using that outstanding count, the Reporting Person's 281,400 shares equal 9.9% of the class, per the Schedule 13G/A amendment.

Does the filing disclose voting or dispositive power for the reported shares?

Yes. The Schedule 13G/A shows shared voting power of 281,400 shares and shared dispositive power of 281,400 shares attributed to the Reporting Person for the reported holdings.

When were the ownership and outstanding-share figures reported in the filing?

The filing states shares outstanding as 2,842,787 as of March 31, 2026 and reports the Reporting Person's beneficial ownership of 281,400 shares as of the close of business on May 7, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

UNIVERSAL SAFETY PRODUCTS, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

913821302

(CUSIP Number)

01/27/2026

(Date of Event Which Requires Filing of this Statement)

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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 913821302

1

Names of Reporting Persons

Lazar David E.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PORTUGAL

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 281,400.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 281,400.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

281,400.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: UNIVERSAL SAFETY PRODUCTS, INC.
(b)	Address of issuer's principal executive offices:
Item 2.
(a)	Name of person filing: David E. Lazar (the "Reporting Person")
(b)	Address or principal business office or, if none, residence: The principal business address of the Reporting Person is 44, Tower 100, The Towers, Winston Churchill, San Francisco, Paitilla, Panama City, Panama 07196.
(c)	Citizenship: The Reporting Person is a citizen of Portugal and Israel.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 913821302
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The aggregate percentage of Shares owned by the Reporting Person is calculated based upon 2,842,787 shares of Common Stock outstanding as of March 31, 2026, based on public filings with the Securities and Exchange Commission. As of the close of business on May 7, 2026, the Reporting Person beneficially owned 281,400 Shares.
(b)	Percent of class: 9.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Cover Pages Items 5-9.
	(ii) Shared power to vote or to direct the vote: See Cover Pages Items 5-9.
	(iii) Sole power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
	(iv) Shared power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

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.

Lazar David E.

Signature:	/s/ David E. Lazar
Name/Title:	David E. Lazar
Date:	05/07/2026