Patsy Paxton Holds 1.14M Shares of Intrusion Inc. Stock
Ticker: INTZ · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 736012
| Field | Detail |
|---|---|
| Company | Intrusion Inc (INTZ) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-holding, shareholder-update, passive-investment
TL;DR
**Patsy Paxton still owns over 1.14 million shares of ITUS, showing continued conviction.**
AI Summary
Patsy A. Paxton, a significant shareholder in Intrusion Inc. (NASDAQ: ITUS), filed an amended SC 13G/A on February 13, 2024, disclosing her beneficial ownership of 1,142,274 shares of common stock as of December 31, 2023. This represents a notable stake in the company, indicating her continued confidence or strategic interest. For investors, this filing shows that a key individual maintains a substantial position, which could be seen as a positive signal of long-term belief in Intrusion Inc.'s future.
Why It Matters
This filing confirms a major shareholder's continued significant stake in Intrusion Inc., which can influence investor sentiment and potentially signal stability or strategic direction.
Risk Assessment
Risk Level: low — This filing is an update on a passive investment, not indicating any immediate high-risk actions or significant changes.
Analyst Insight
Investors should note that a significant individual shareholder, Patsy A. Paxton, continues to hold a substantial position in Intrusion Inc. This could be a factor in assessing long-term stability, but further analysis of the company's fundamentals and market conditions is recommended before making investment decisions.
Key Numbers
- 1,142,274 — Shares Beneficially Owned (Represents Patsy A. Paxton's sole voting and dispositive power over Intrusion Inc. common stock.)
Key Players & Entities
- Patsy A. Paxton (person) — reporting person and beneficial owner of Intrusion Inc. shares
- INTRUSION INC (company) — the subject company whose securities are being reported
- 1,142,274 (dollar_amount) — number of shares beneficially owned by Patsy A. Paxton
- December 31, 2023 (date) — date of the event requiring the filing
Forward-Looking Statements
- Patsy A. Paxton will maintain a significant stake in Intrusion Inc. throughout 2024. (Patsy A. Paxton) — medium confidence, target: 2024-12-31
FAQ
Who is the reporting person in this SC 13G/A filing?
The reporting person is Patsy A. Paxton, as stated in Item 1 of the Schedule 13G.
What is the name of the issuer whose securities are being reported?
The issuer is Intrusion Inc., as identified in the 'Name of Issuer' section of the Schedule 13G.
What is the CUSIP number for the class of securities reported?
The CUSIP number is 46121E205, as listed under 'Title of Class of Securities' and on the cover page.
As of what date was the beneficial ownership reported in this filing?
The beneficial ownership was reported as of December 31, 2023, which is the 'Date of Event which Requires Filing of this Settlement'.
How many shares of Intrusion Inc. common stock does Patsy A. Paxton beneficially own with sole voting power?
Patsy A. Paxton beneficially owns 1,142,274 shares with sole voting power, as indicated in Item 5 of the Schedule 13G.
Filing Stats: 762 words · 3 min read · ~3 pages · Grade level 7.1 · Accepted 2024-02-13 18:31:59
Key Financial Figures
- $0.01 — ame of Issuer) Common Stock, Par Value $0.01 (Title of Class of Securities) 46121E
Filing Documents
- patsypaxton_sc13ga3.htm (SC 13G/A) — 36KB
- 0001683168-24-000930.txt ( ) — 38KB
Identification and Classification of the Subsidiary Which Acquired the Security
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported On By the Parent Holding Company Item 8. Identification and Classification of Members of the Group. Item 9. Notice of Dissolution of Group Not applicable . Item 10. Certification 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. After reasonable inquiry and to the best of my information and belief, I certify that the information set forth in this statement is true, complete, and correct. February 13, 2024 Date INTRUSION, INC. By: /s/ Patsy A. Paxton Name: Patsy A. Paxton