Gerlach Jr. Maintains Significant Stake in Lancaster Colony Corp

Ticker: MZTI · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 57515

Complexity: simple

Sentiment: bullish

Topics: insider-ownership, amendment, beneficial-ownership

TL;DR

**Insider Gerlach Jr. still holds over 1.4M shares of LANC, showing strong conviction.**

AI Summary

John B. Gerlach, Jr. has filed an amended SC 13G/A, indicating a change in his beneficial ownership of Lancaster Colony Corporation (LANC) common shares as of December 31, 2023. He now beneficially owns a total of 1,438,267 shares, comprising 451,226 shares with sole voting and dispositive power, and 987,041 shares with shared voting and dispositive power. This filing is important for investors as it shows a significant insider's continued substantial stake in the company, potentially signaling confidence in its future.

Why It Matters

This filing shows that a key insider, John B. Gerlach, Jr., continues to hold a substantial number of shares in Lancaster Colony Corp, which can be interpreted as a vote of confidence in the company's long-term prospects.

Risk Assessment

Risk Level: low — This filing indicates an insider's continued significant ownership, which is generally a positive signal and does not introduce new risks.

Analyst Insight

A smart investor would view this continued significant insider ownership as a positive signal, suggesting that management or key stakeholders have confidence in the company's future, and might consider further research into Lancaster Colony Corp's fundamentals.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person in this SC 13G/A filing is John B. Gerlach, Jr., as stated in Item 1 of the filing.

What is the name of the issuer whose securities are being reported?

The issuer of the securities is LANCASTER COLONY CORPORATION, as identified in the 'Name of Issuer' section of the filing.

What was the date of the event that required this amendment filing?

The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page of the SC 13G/A.

How many shares does John B. Gerlach, Jr. have sole voting power over?

John B. Gerlach, Jr. has sole voting power over 451,226 shares, as indicated in Item 5 of the filing.

How many shares does John B. Gerlach, Jr. have shared dispositive power over?

John B. Gerlach, Jr. has shared dispositive power over 987,041 shares, as indicated in Item 8 of the filing.

Filing Stats: 775 words · 3 min read · ~3 pages · Grade level 7.1 · Accepted 2024-02-09 10:58:49

Filing Documents

From the Filing

SC 13G/A 1 d768049dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 10)* LANCASTER COLONY CORPORATION (Name of Issuer) Common Shares, without par value (Title of Class of Securities) 513847103 (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) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons 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). CUSIP No. 513847103 13G Page 2 of 4 Pages 1. Names of Reporting Persons. John B. Gerlach, Jr. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizen or Place of Organization: United Number of Shares Beneficially by Owned by Each Reporting Person With: 5. Sole Voting Power 451,226 6. Shared Voting Power 987,041 7. Sole Dispositive Power 451,226 8. Shared Dispositive Power 987,041 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,438,267 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 5.2% 12. Type of Reporting Person (See Instructions) IN CUSIP No. 513847103 13G Page 3 of 4 Pages Item1. (a) Name of Issuer: Lancaster Colony Corporation (b) Address of Issuers Principal Executive Offices 380 Polaris Parkway, Westerville, Ohio 43082 Item2. (a) Name of Person Filing John B. Gerlach, Jr. (b) Address of Principal Business Office or, if none, Residence 380 Polaris Parkway, Westerville, Ohio 43082 (c) Citizenship United States (d) Title of Class of Securities Common Shares, without par value (e) CUSIP Number 513847103 Item3. 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 (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with 240.13d-l(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-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 (15 U.S.C. 80a-3); (j) A non-U.S. Institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________ Item4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,438,267 (b) Percent of class: 5.2% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 451,226 CUSIP No. 513847103 13G Page 4 of 4 Pages (ii) Shared power to vote or to direct the vote 987,041 (iii) Sole power to dispose or to direct the disposition of 451,226 (iv) Shared power to dispose or to direct the disposition of 987,041 Item5. Not applicable. Item6. Not applicable. Item7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable Item8. Identification and Classification of Members of the Group Not applicable Item9. Notice of Dissolution of Group Not applicable Item10. Certification None SIGNATURE 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. February 7, 2024 Date /s/ John B. Gerlach, Jr. Signature John B. Gerlach, Jr. Name

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