David Lazar discloses 6.76% Universal Safety stake (UUU)
Rhea-AI Filing Summary
Universal Safety Products, Inc. (UUU) received a Schedule 13G filing from investor David E. Lazar, disclosing a passive ownership stake in the company’s common stock. As of the close of business on January 23, 2026, Lazar beneficially owned 156,396 shares of common stock, representing 6.76% of the class. This percentage is calculated based on 2,312,887 shares outstanding as of November 19, 2025, as reported in the company’s most recent quarterly report. The filing shows Lazar has shared voting and dispositive power over all 156,396 shares and no sole voting or dispositive power. He certifies that the shares were not acquired to change or influence control of Universal Safety Products, other than activities solely in connection with a possible nomination under the specified proxy rule.
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FAQ
What did the Schedule 13G filing for Universal Safety Products (UUU) disclose?
The Schedule 13G discloses that David E. Lazar is a beneficial owner of Universal Safety Products’ common stock, reporting a passive stake exceeding 5% of the outstanding shares.
How many Universal Safety Products (UUU) shares does David E. Lazar beneficially own?
As of January 23, 2026, David E. Lazar beneficially owned 156,396 shares of Universal Safety Products’ common stock, with shared voting and dispositive power over all of those shares.
What percentage of Universal Safety Products’ common stock does David E. Lazar hold?
The filing states that David E. Lazar’s 156,396 shares represent 6.76% of Universal Safety Products’ outstanding common stock, based on the company’s reported share count.
What share count did David E. Lazar use to calculate his 6.76% Universal Safety Products ownership?
The 6.76% ownership figure is based on 2,312,887 shares of common stock outstanding as of November 19, 2025, as reported in Universal Safety Products’ most recent Form 10-Q.
Does David E. Lazar intend to influence control of Universal Safety Products (UUU)?
In the certification, Lazar states the securities were not acquired and are not held for the purpose of changing or influencing control of Universal Safety Products, other than activities solely in connection with a nomination under the referenced proxy rule.
What type of filing is this for Universal Safety Products (UUU) and what does Schedule 13G indicate?
This is a Schedule 13G filing, which is generally used to report a passive ownership stake of more than 5% in a public company, rather than an activist or control-seeking position.
What are David E. Lazar’s voting and dispositive powers over Universal Safety Products shares?
The filing reports 0 shares with sole voting or dispositive power and 156,396 shares with shared voting and shared dispositive power for David E. Lazar.