SCHEDULE 13G/A: Divisadero Street Capital Management Discloses 1.8% Stake in Vital Farms, Inc.
Beneficial Ownership Disclosure
Divisadero Street Capital Management, LP and affiliated entities have filed an amended Schedule 13G, disclosing a beneficial ownership of 1.8% in Vital Farms, Inc. as of December 31, 2024.
Summary
- Divisadero Street Capital Management, LP, along with William Zolezzi, Divisadero Street Partners, L.P., Divisadero Street Partners GP, LLC, and Divisadero Street Capital, LLC, collectively filed an Amendment No. 1 to Schedule 13G.
- The filing reports beneficial ownership in Vital Farms, Inc.'s Common Stock, par value $0.0001 per share.
- As of December 31, 2024, Divisadero Street Capital Management, LP, William Zolezzi, and Divisadero Street Capital, LLC each beneficially own 783,963 shares, representing 1.8% of the class.
- Divisadero Street Partners, L.P. and Divisadero Street Partners GP, LLC each beneficially own 385,869 shares, representing 0.9% of the class.
- All reported shares are held with shared voting and shared dispositive power; no sole voting or dispositive power is indicated for any reporting person.
- The filing certifies that the securities were not acquired or held for the purpose of changing or influencing the control of Vital Farms, Inc., except for activities solely related to a nomination under Rule 14a-11.
- William Zolezzi and Divisadero Street Capital, LLC are identified as potential control persons for Divisadero Street Capital Management, LP.
Sentiment
Score: 5
Explanation: This is a routine beneficial ownership disclosure (Schedule 13G) and does not inherently convey positive or negative sentiment regarding the company's performance or prospects. It simply reports a passive investment stake.
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ยงยง 240.14a-11."
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive ownership stakes in Vital Farms, Inc.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 02/13/2025 | Date of signing for all reporting persons. |
Keywords
Vital Farms, Divisadero Street Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Management, Shareholder Disclosure
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