SCHEDULE: Fourthstone Discloses 8.26% Stake in White River Bancshares

Fourthstone LLC and its affiliates have reported a combined beneficial ownership of 8.26% in White River Bancshares Co. common stock.

Summary

• Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser, along with its affiliated entities, has filed an Amendment No. 1 to Schedule 13G regarding White River Bancshares Co.
• The reporting persons include Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd (Cayman Islands), Fourthstone GP LLC (Delaware), Fourthstone QP Opportunity Fund LP (Delaware), Fourthstone Small-Cap Financials Fund LP (Delaware), and L. Phillip Stone, IV (United States).
• Fourthstone LLC and L. Phillip Stone, IV, each beneficially own 201,055 shares of White River Bancshares Co. Common Stock, representing 8.26% of the class.
• Fourthstone Master Opportunity Fund Ltd beneficially owns 154,059 shares, or 6.33% of the class.
• Fourthstone GP LLC beneficially owns 46,996 shares, or 1.93% of the class.
• Fourthstone QP Opportunity Fund LP beneficially owns 40,610 shares, or 1.67% of the class.
• Fourthstone Small-Cap Financials Fund LP beneficially owns 6,386 shares, or 0.26% of the class.
• The reported percentages are based on 2,433,245 shares of Common Stock outstanding as of September 30, 2025, as stated in the Issuer's Q3 Earnings Release.
• The securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing the control of White River Bancshares Co.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a routine disclosure of beneficial ownership by an investment adviser and its affiliates, indicating passive investment rather than a strategic shift or performance update.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Schedule 13G filings provide transparency into significant passive ownership stakes by institutional investors, such as Fourthstone LLC. This type of filing indicates that the reporting entities hold the shares for investment purposes without the intent to influence or change control of White River Bancshares Co. Such disclosures are routine for investment advisers managing client portfolios.

Stakeholder Impact

• Shareholders gain transparency regarding significant institutional holdings in White River Bancshares Co., which can influence market perception and liquidity.
• The filing clarifies that the ownership is for investment purposes, not for control, which can reassure existing management and other investors.

Key Dates

Keywords

White River Bancshares Co, Fourthstone LLC, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, SEC Filing, Institutional Ownership, Financials Sector