Horberg Amends Equus Total Return Stake to 5.21%

TL;DR

**Horberg now owns 5.21% of Equus Total Return, holding 703,728 shares.**

AI Summary

Howard Todd Horberg, an individual investor, filed an amendment to his Schedule 13G, indicating he beneficially owns 703,728 shares of Equus Total Return, Inc. common stock as of December 31, 2023. This represents 5.21% of the company's outstanding shares, a slight decrease from his previous filing. This matters to investors because it shows a significant individual shareholder's current stake, which could influence future corporate actions or signal a change in his investment thesis.

Why It Matters

This filing shows a notable individual investor's current ownership percentage in Equus Total Return, Inc., providing transparency into significant shareholder positions that could impact stock performance or governance.

Risk Assessment

Risk Level: low — This filing is an update on an existing passive stake and does not indicate any immediate high-risk corporate actions or significant changes.

Analyst Insight

Investors should note Howard Todd Horberg's continued significant, albeit passive, stake in Equus Total Return, Inc., as it provides transparency into major shareholder positions. While not indicating immediate action, it's a data point for understanding the ownership structure.

Key Numbers

• 703,728 — Shares Beneficially Owned (This is the total number of shares Howard Todd Horberg owns in Equus Total Return, Inc. as of December 31, 2023.)
• 5.21% — Percent of Class (This represents the percentage of Equus Total Return, Inc.'s common stock beneficially owned by Howard Todd Horberg.)
• December 31, 2023 — Date of Event (This is the date on which the event requiring this Schedule 13G/A filing occurred.)

Key Players & Entities

• Howard Todd Horberg (person) — the reporting person and beneficial owner
• Equus Total Return, Inc. (company) — the issuer of the securities
• $0.001 (dollar_amount) — par value per share of common stock

Forward-Looking Statements

• Howard Todd Horberg will maintain a passive investment stance in Equus Total Return, Inc. (Howard Todd Horberg) — high confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• sc13g-a.htm (SC 13G/A) — 50KB
• 0001099910-24-000084.txt ( ) — 51KB

From the Filing

SC 13G/A 1 sc13g-a.htm AMENDMENT NO. 1 TO SC13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) Equus Total Return, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 294766100 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). SCHEDULE 13G CUSIP No. 294766100 1 Names of Reporting Persons: Howard Todd Horberg 2 Check the appropriate box if a member of a Group (see instructions) (a) [ ] (b) [ ] 3 Sec Use Only 4 Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 5 Sole Voting Power 703,728 6 Shared Voting Power 0 7 Sole Dispositive Power 703,728 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 703,728 10 Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) [ ] 11 Percent of class represented by amount in row (9) 5.21% 12 Type of Reporting Person (See Instructions) IN Item 1. (a) Name of Issuer: Equus Total Return, Inc. (b) Address of Issuer’s Principal Executive Offices: 700 Louisiana St., 48 th Floor, Houston, Texas 77002 Item 2. (a) Name of Person Filing: Howard Todd Horberg (b) Address of Principal Business Office or, if None, Residence: 915 McCormick Drive, Lake Forest, Illinois 60045 (c) Citizenship: United (d) Title and Class of Securities: Common Stock, $0.001 par value (e) CUSIP No.: 294766100 Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [_]Broker or dealer registered under Section 15 of the Act; (b) [_]Bank as defined in Section 3(a)(6) of the Act; (c) [_]Insurance company as defined in Section 3(a)(19) of the Act; (d) [_]Investment company registered under Section 8 of the Investment Company Act of 1940; (e) [_]An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_]An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_]A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_]A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [_]A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; (j) [_]A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); (k) [_]Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ Item 4. (a) Amount Beneficially Owned: 703,728 shares of Common Stock (b) Percent of Class: 5.21% as of December 31, 2023 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 703,728 shares; of these shares, 672,728 are held by Horberg Enterprises LP and 31,000 are held by Howard Todd Horberg Rollover IRA, where the Reporting Person has sole power to vote all these shares. (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 703,728 shares; of these shares, 672,728 are held by Horberg Enterprises LP and 31,000 are held by Howard Todd Horberg Rollover IRA, where the Reporting Person has sole power to dispose or direct the disposition of all these shares. (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial Item 6. of more than Five Percent on Behalf of Another Person . Of the 703,728 shares beneficially owned by the Reporting Person, Horberg Enterprises LP and Howard Todd Horberg Rollover IRA have the right to receive dividends from and proceeds from the sale of 672,728 and 31,000, respectively,

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View this SC 13G/A filing on SEC EDGAR