Sturm, Ruger & Company, Inc.

RGR

Reporting person: Beretta Holding S.A.(group)

Beretta Holding seeks board seats at Sturm, Ruger & Company

Contested meetinghigh confidence9.95% stake

Contest Strategydissident slate, solicitors, demands

Contested annualVote May 27, 2026

What's being contested

Board seats

IssuerSturm, Ruger & Company, Inc. (RGR)

Issuer solicitor—

Reporting personBeretta Holding S.A. (group)

Dissident solicitorSaratoga Proxy Consulting LLC

Stake1,587,000 sh9.95%

Dissident counsel—

Cost basis—

Meeting dateMay 27, 2026

Record date—

Dissident slate (4)

Michael N. Christodolou
William F. Detwiler
Mark W. DeYoung
Fredrick D. DiSanto

Primary demands

board refreshment
reverse operational decline
enhance strategic positioning
improve long-term value creation
strengthen oversight and accountability

Vote Mechanics

51d post-vote

Vote dateMay 27, 2026

Record date—

Mailing date—

Record → vote—

Threshold—

Min approvalparsed—

Shares outstanding—

Insider lock-up—

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Beretta Holding S.A., the largest shareholder of Sturm, Ruger & Company, Inc. with 1,587,000 shares (9.95%), has filed a preliminary proxy statement nominating four director candidates for election at the 2026 Annual Meeting. Beretta Holding believes the Board requires refreshment due to decades-long undue influence by five long-tenured directors and Ruger's sustained operational and share price underperformance. The company seeks to introduce disciplined oversight and fresh perspectives to reverse value destruction and unlock shareholder value.

Item id: 71396de5-f228-4877-a4c8-1d36eff892e9 · ingested Apr 24, 2026