Vincent C. Smith's Group Holds 1.25M Digimarc Shares
Ticker: DMRC · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 1438231
| Field | Detail |
|---|---|
| Company | Digimarc Corp (DMRC) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, institutional-holding
TL;DR
**Big investor Vincent C. Smith still holds over 1.25 million shares of Digimarc, keeping a close eye on the company.**
AI Summary
Vincent C. Smith, through Red Beard Holdings, LLC and other entities, reported an updated beneficial ownership of 1,250,822 shares of Digimarc CORP's Common Stock as of December 31, 2023. This represents a significant stake, giving him shared voting and dispositive power over these shares. This matters to investors because a large, active shareholder like Smith can influence company decisions and potentially signal confidence or concern about the company's future direction.
Why It Matters
This filing shows a key investor's continued significant stake in Digimarc, which could influence corporate governance and strategic decisions, impacting the stock's long-term trajectory.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, indicating a stable, significant ownership rather than a new, volatile position.
Analyst Insight
An investor should note the continued significant stake of Vincent C. Smith and his group, suggesting a stable, long-term interest in Digimarc. This could be a positive signal, but further research into Smith's past investment history and Digimarc's fundamentals is warranted before making any investment decisions.
Key Numbers
- 1,250,822 — Shares Beneficially Owned (Represents the total number of Digimarc CORP common shares that Vincent C. Smith's group has shared voting and dispositive power over as of December 31, 2023.)
- $0.001 — Par Value per Share (The nominal value of Digimarc CORP's Common Stock, as stated in the filing.)
- December 31, 2023 — Date of Event (The date as of which the beneficial ownership information was reported, indicating the snapshot for this filing.)
Key Players & Entities
- Vincent C. Smith (person) — reporting person and beneficial owner
- Red Beard Holdings, LLC (company) — reporting person and entity through which shares are held
- Digimarc CORP (company) — the subject company whose shares are being reported
- LB 2, LLC (company) — group member
- VCS MASTER HOLDINGS GP (company) — group member
- 1,250,822 (dollar_amount) — number of shares beneficially owned
Forward-Looking Statements
- Vincent C. Smith will maintain a significant ownership stake in Digimarc CORP throughout 2024. (Vincent C. Smith) — high confidence, target: 2024-12-31
- Digimarc CORP's stock price will experience stability due to the consistent ownership by a major investor. (Digimarc CORP) — medium confidence, target: 2024-06-30
FAQ
Who is the primary reporting person for this SC 13G/A filing?
The primary reporting person for this SC 13G/A filing is Vincent C. Smith, as indicated in the 'FILED BY' section and the cover page of the filing.
What is the total number of shares beneficially owned by the reporting group as of December 31, 2023?
As of December 31, 2023, the aggregate amount beneficially owned by the reporting group, including Red Beard Holdings, LLC, is 1,250,822 shares of Digimarc CORP Common Stock, as stated on the cover page (Item 9).
Which rule under the Securities Exchange Act of 1934 is this Schedule 13G/A filed under?
This Schedule 13G/A is filed under Rule 13d-1(c) of the Securities Exchange Act of 1934, as indicated by the checked box on the cover page.
What is the CUSIP number for Digimarc CORP's Common Stock?
The CUSIP number for Digimarc CORP's Common Stock is 25381B101, as listed on the cover page of the filing.
What is the place of organization for Red Beard Holdings, LLC?
Red Beard Holdings, LLC is organized in Delaware, as stated in Item 4 of the cover page for the reporting person.
Filing Stats: 1,825 words · 7 min read · ~6 pages · Grade level 8.8 · Accepted 2024-02-08 17:20:46
Key Financial Figures
- $0.001 — ame of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti
Filing Documents
- vinc20240207c_sc13ga.htm (SC 13G/A) — 90KB
- 0001437749-24-003538.txt ( ) — 91KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 8, 2024 Red Beard Holdings, LLC By: /s/ Vincent C. Smith Vincent C. Smith Title: Manager VCS Master Holdings GP By: /s/ Jerry Rickmeyer Jerry Rickmeyer Title: Trustee & Partner LB 2, LLC By: /s/ Vincent C. Smith Vincent C. Smith Title: Manager /s/ Vincent C. Smith Vincent C. Smith