Sturm, Ruger & Company, Inc.

RGC

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

Beretta Holding seeks board control at Sturm, Ruger via proxy fight

high confidence9.95% stake

Contest Strategydissident slate, solicitors, demands

IssuerSturm, Ruger & Company, Inc. (RGC)

Issuer solicitor—

Reporting personBeretta Holding S.A. (fund)

Dissident solicitor—

Stake1,587,000 phys / 0 synth9.95%

Dissident counselOlshan Frome Wolosky LLP

Cost basis—

Meeting date—

Record date—

Primary demands

board representation
waiver of shareholder rights plan
cash tender offer at $44.80 per share
strategic partnership

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Beretta Holding S.A., which owns 9.95% of Sturm, Ruger & Company, announced it will file a preliminary proxy statement to elect its slate of director nominees at the 2026 annual meeting. Beretta Holding is also pursuing a $44.80 per share cash tender offer, representing approximately 20% premium, after the Ruger board rejected a waiver of its shareholder rights plan. The filing includes a confrontational letter from Beretta Holding's counsel challenging the board's entrenchment and stating the company is exploring all litigation options.

Item id: cf1d1ac1-24bd-40ef-9a39-1111943de74e · ingested Apr 24, 2026