SCHEDULE: Satterfield Jr. Boosts inTest Corp. Stake to 8%
Beneficial Ownership Statement
Thomas A. Satterfield, Jr. has increased his beneficial ownership in inTest Corporation to 8.0% of outstanding common stock.
Summary
- Thomas A. Satterfield, Jr. reported beneficial ownership of 1,000,594 shares of inTest Corporation common stock.
- This represents 8.0% of the company's common stock outstanding.
- The percentage is based on 12,492,809 shares outstanding as of May 1, 2025, as reported in the company's Form 10-Q for the fiscal quarter ended March 31, 2025.
- Mr. Satterfield holds sole voting and dispositive power over 100,000 shares.
- He holds shared voting and dispositive power over 900,594 shares.
- The shares with shared power are held through entities he controls or co-manages: 150,000 shares by Tomsat Investment & Trading Co., Inc., 330,000 shares by A.G. Family L.P., and 420,594 shares by Caldwell Mill Opportunity Fund, LLC.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It indicates a significant stake by an individual investor.
Risks
- Concentration of ownership: A significant portion of the company's shares are beneficially owned by a single individual and entities he controls, which could influence corporate decisions.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is a routine disclosure of a significant ownership stake by an individual investor and does not provide specific insights into broader industry trends or competitive landscape for inTest Corporation.
Related Party Transactions
- Thomas A. Satterfield, Jr. beneficially owns shares through entities he controls or co-manages: Tomsat Investment & Trading Co., Inc., A.G. Family L.P., and Caldwell Mill Opportunity Fund, LLC.
Stakeholder Impact
- Shareholders: The disclosure of a significant ownership stake by an individual investor may be of interest to other shareholders, potentially signaling confidence or a strategic position.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date as of which 12,492,809 shares of common stock were outstanding, as reported in the issuer's Form 10-Q. |
| 06/30/2025 | Date of event which required the filing of this statement. |
| 08/07/2025 | Date of signature for the Schedule 13G filing. |
Keywords
inTest Corporation, Thomas A. Satterfield Jr., Beneficial Ownership, Schedule 13G, Common Stock, Shareholder, Investment, Ownership Stake
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