Sturm, Ruger & Company, Inc.
RGRReporting person: Beretta Holding S.A.(fund)
Beretta Holding seeks board change at Sturm, Ruger & Company
Primary demands
- board representation
- improve operational performance
- strengthen management oversight
- restore shareholder value
No advisor data on record for this deal.
Beretta Holding S.A., holding 9.95% of Sturm, Ruger & Company, Inc., launched a proxy solicitation on March 19, 2026, nominating four independent director candidates to address board oversight failures. The activist criticizes sustained share price underperformance, operational deterioration including 23% gross margin compression and 103% net income decline since 2021, and misalignment of long-tenured directors who collectively own only 1% of shares despite 65 years of combined tenure. Beretta Holding seeks to restore operational performance and strengthen management oversight through shareholder-driven boardroom change.