Sturm, Ruger & Company, Inc.
RGRReporting person: Beretta Holding S.A.(fund)
Beretta Holding launches proxy contest at Sturm Ruger with 9.95% stake
Primary demands
- board representation
- strategic minority investment
- operational improvement
- improved corporate governance
- increased shareholder value
No advisor data on record for this deal.
Beretta Holding S.A., holding 1,587,000 shares (9.95%) of Sturm, Ruger & Company, Inc., issued a press release on March 10, 2026 responding to the company's opposition to its proposed strategic minority investment and board representation. Beretta Holding is filing soliciting materials for a universal proxy card to elect its slate of independent director nominees at the 2026 annual meeting. The activist criticizes the board's recent refresh as ineffective, cites operational underperformance including a $65 million decline in operating income over two years, and seeks to partner with management to improve shareholder value.