SCHEDULE: Thrivent Financial Updates Airsculpt Ownership Filing

Thrivent Financial for Lutherans and its affiliate TICA have filed an amendment to their Schedule 13G, correcting previous ownership figures and reporting their beneficial ownership as of June 30, 2026.

Summary

• This filing is an amendment (Amendment No. 2) to a Schedule 13G, correcting previously reported beneficial ownership of AirSculpt Technologies, Inc. common stock.
• The amendment corrects an overstatement in the previous filing (Amendment No. 1) regarding beneficial ownership as of September 30, 2025.
• The corrected beneficial ownership as of September 30, 2025, is 5,169,820 shares, representing 8.3% of the outstanding common stock.
• The filing also reports the beneficial ownership as of June 30, 2026, which is 4,425,000 shares, representing 6.3% of the outstanding common stock.
• The shares are held directly by Thrivent White Rose Fund XI Equity Direct, L.P. ('White Rose').
• Thrivent Investment Capital Advisors, LLC ('TICA') is the investment adviser to White Rose and has shared voting and disposition authority.
• Thrivent Financial for Lutherans is the 100% indirect owner of TICA and approximately 99% owner of White Rose's limited partnership interests.
• Vesey Street Capital Partners, L.L.C. ('Vesey') was appointed as proxy agent for White Rose on May 20, 2026, with voting power for twelve months.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, primarily reflecting a correction of a previous filing and an update on beneficial ownership, indicating ongoing investor engagement without significant new strategic information.

Positives

• Correction of a previous filing error demonstrates diligence and accuracy in reporting.
• The filing clarifies the current beneficial ownership stake, providing updated information for investors.
• The reporting entities are established financial institutions, suggesting stable and professional management of investments.

Negatives

• The filing indicates a reduction in beneficial ownership from 8.3% (as corrected for Sept 30, 2025) to 6.3% (as of June 30, 2026), which could be interpreted as a decrease in conviction by these investors.
• The appointment of a proxy agent (Vesey) with voting power introduces a third party into the decision-making process for these shares.

Risks

• The appointment of Vesey Street Capital Partners as a proxy agent with voting power introduces a potential divergence of interests or decision-making processes.
• Changes in beneficial ownership percentages, even if due to market activity or rebalancing, can signal shifts in investor sentiment.

Future Outlook

The filing does not contain forward-looking statements or specific guidance regarding future performance. It primarily serves to update ownership information.

Management Comments

• The purposes of this Amendment No. 2 to Schedule 13G are (i) to correct the number and percentage of the Common Stock of AirSculpt Technologies, Inc. beneficially owned by the reporting persons as of September 30, 2025, reported in Amendment No. 1 to Schedule 13G filed on November 14, 2025 ('Amendment No. 1'), and (ii) to report the Reporting Persons' beneficial ownership as of June 30, 2026.
• As a result of a clerical error, Amendment No. 1 overstated the reporting persons' beneficial ownership by an additional 176,310 shares, and the correct number and percentage of the Issuer's Common Stock beneficially owned by the reporting persons as of September 30, 2025 are 5,169,820 shares and 8.3%.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine for institutional investors and indicate changes in significant shareholdings. This filing specifically addresses ownership adjustments and corrections, which is common in the asset management industry.

Related Party Transactions

• Thrivent Investment Capital Advisors, LLC ('TICA') is the managing member of the general partner of White Rose.
• Thrivent Financial for Lutherans is the 100% indirect owner of TICA and the owner of approximately 99% of the limited partnership interests of White Rose.
• TICA is the investment adviser of White Rose and has been granted shared authority to vote and dispose of White Rose's holdings.

Stakeholder Impact

• Shareholders: Updated information on a significant investor's stake may influence market perception and trading decisions.
• Management of AirSculpt Technologies: Awareness of ownership levels and changes is crucial for strategic planning and investor relations.

Next Steps

• Monitor future filings from Thrivent Financial for Lutherans and TICA for any further changes in beneficial ownership.
• Observe AirSculpt Technologies, Inc.'s performance and strategic announcements for context regarding investor activity.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, AirSculpt Technologies, Thrivent Financial, Thrivent Investment Capital Advisors, Common Stock, Investment Adviser, Proxy Agent