SCHEDULE: Precision Optics: Richard Teller Reports 5.39% Stake

Richard E. Teller and Kathleen A. Rogers have filed a Schedule 13G, disclosing beneficial ownership of 5.39% of Precision Optics Corporation, Inc.'s common stock.

Summary

• Richard E. Teller beneficially owns 416,089 shares of Precision Optics Corporation, Inc. common stock, representing 5.39% of the class.
• Teller holds sole voting power over 335,356 shares and shared voting power over 80,733 shares.
• Teller holds sole dispositive power over 335,356 shares and shared dispositive power over 80,733 shares.
• Kathleen A. Rogers is also a reporting person, beneficially owning 78,733 shares, with shared voting and dispositive power over these shares.
• The filing explicitly states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The disclosure of a significant beneficial ownership stake by an individual can be viewed positively as it may indicate confidence in the company. The explicit statement against influencing control also reduces potential uncertainty.

Positives

• Significant beneficial ownership by an individual (Richard E. Teller) could signal confidence in the company's future prospects.
• The explicit statement that the securities were not acquired to change or influence control may reduce concerns about potential activist investor actions.

Risks

• While the filing states no intent to influence control, a significant individual stake of 5.39% could still represent a concentration of voting power.

Stakeholder Impact

• Shareholders: The disclosure provides transparency regarding significant ownership, potentially influencing investor perception of insider confidence or control dynamics.

Key Dates

Keywords

Precision Optics Corporation, Common Stock, Beneficial Ownership, Schedule 13G, Richard E. Teller, Kathleen A. Rogers, Shareholder Stake, SEC Filing