Crawford Trust Amends Ampco-Pittsburgh Stake

TL;DR

**A trust associated with Edward F. Crawford just updated its ownership details in Ampco-Pittsburgh, signaling a potential shift in influence.**

AI Summary

This SC 13D/A filing, Amendment No. 5, for AMPCO-PITTSBURGH CORPORATION (CUSIP 032037103) was filed on February 20, 2024. It indicates that the 2006 Irrevocable Trust of Laura W. Van Loan for the Benefit of Mary M. Crawford, with Edward F. Crawford as Trustee, is a reporting person. The filing updates information regarding their beneficial ownership in Ampco-Pittsburgh Corp.

Why It Matters

This amendment provides updated transparency on the beneficial ownership structure of a significant shareholder in Ampco-Pittsburgh Corporation, which can influence corporate governance and strategic decisions.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, primarily updating ownership information, and does not inherently signal high risk.

Key Numbers

• $1.00 — Par Value per Share (Common Stock of Ampco-Pittsburgh Corporation)

Key Players & Entities

• AMPCO-PITTSBURGH CORPORATION (company) — Issuer
• Edward F. Crawford (person) — Trustee of L. W. Van Loan Trust
• 2006 Irrevocable Trust of Laura W. Van Loan for the Benefit of Mary M. Crawford (company) — Reporting Person
• Laura W. Van Loan (person) — Trust settlor
• Mary M. Crawford (person) — Trust beneficiary

FAQ

Key Financial Figures

• $1.00 — ame of Issuer) Common Stock, par value $1.00 per share (Title of Class of Securiti
• $2,153,157.41 — tock for an aggregate purchase price of $2,153,157.41. On September 14, 2020, the Trust exerc
• $1 — rights offering at a price per unit of $1.5624, using personal funds on hand. Upo
• $5.75 — of common stock at an exercise price of $5.75 per share. During February and March,
• $7.60 — ker transactions at an average price of $7.60 per share. During June 2021, the Trust
• $6.49 — ker transactions at an average price of $6.49 per share. During January and February
• $2.53 — ker transactions at an average price of $2.53 per share. (d) Mr. Edward Crawford is
• $3.3903 — 00 common shares at an average price of $3.3903 for an aggregate purchase price of $945
• $945,293 — 3903 for an aggregate purchase price of $945,293. During March, 2021, Crawford United C
• $7.64 — ker transactions at an average price of $7.64 per share. During January and February

Filing Documents

• mcrawtrt20240218_sc13da.htm (SC 13D/A) — 76KB
• 0001437749-24-004788.txt ( ) — 78KB

is hereby amended and restated, in its entirety, as follows

Item 5 is hereby amended and restated, in its entirety, as follows: The information contained on the cover pages to this Schedule 13D and the information set forth or incorporated in Items 2, 3 and 4 is incorporated herein by reference. As the Reporting Persons may be deemed to be acting in concert with respect to the securities of the Issuer beneficially owned by the Reporting Persons, the Reporting Persons may be deemed to have beneficial ownership of all securities of the Issuer collectively beneficially owned by the Reporting Persons. The aggregate number of Shares to which this Schedule 13D relates is 986,580 shares of Common Stock, representing 4.9% of the 20,170,193 shares of the Issuer's common stock currently outstanding (calculated by adding the number of outstanding shares reported in the Issuer's most recently filed Form 10-Q for the period ended September 30, 2023 (19,865,749) to the number of shares (304,444) issuable to the Trust upon exercise of the Series A warrants issued to the Trust in the rights offering). If unexercised Series A warrants held by the Trust are excluded from the foregoing calculation, the aggregate number of Shares owned by the Reporting Persons is 682,136, representing 3.4% of the outstanding shares of common stock. The Reporting Persons beneficially own securities as follows: (A) The Trust (a)-(b) See cover pages. (c) The Trust made a series of open market purchases using personal funds between June 1, 2020 and August 6, 2020, aggregating a total of 682,000 shares of Common Stock for an aggregate purchase price of $2,153,157.41. On September 14, 2020, the Trust exercised its right to purchase 681,999 Units in the Issuer's rights offering at a price per unit of $1.5624, using personal funds on hand. Upon completion of the rights offering, the Trust was issued an aggregate of 304,444 shares of common stock and Series A warrants to purchase an aggregate of 304,444 shares of common stock at an exercise price of $5.75 per s

Signatures

Signatures After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 20, 2024 /s/ Edward F. Crawford Edward F. Crawford 2006 IRREVOCABLE TRUST OF LAURA W. VAN LOAN FOR THE BENEFIT OF MARY M. CRAWFORD By: Edward F. Crawford, its trustee By: /s/ Edward F. Crawford Name: Edward F. Crawford Title: Trustee CRAWFORD UNITED CORPORATION By: /s/ Brian E. Powers Name: Brian E. Powers Title: President and Chief Executive Officer

View Full Filing

View this SC 13D/A filing on SEC EDGAR