Charles Kohnen Amends SCIA Stake to 318,500 Shares

TL;DR

**Kohnen still holds a big chunk of SCIA, 318,500 shares as of year-end!**

AI Summary

Charles Kohnen, an individual investor, has filed an amended Schedule 13G/A for SCI Engineered Materials, Inc. (SCIA), reporting beneficial ownership of 318,500 shares of common stock as of December 31, 2023. This represents a significant stake, with Kohnen holding both sole and shared voting and dispositive power over these shares. This matters to investors because a large individual holding can signal confidence in the company's future, but also means a single individual has substantial influence over voting matters.

Why It Matters

This filing shows a significant individual investor's updated stake in SCI Engineered Materials, Inc., which can influence corporate governance and investor sentiment.

Risk Assessment

Risk Level: low — This filing is an amendment to a passive ownership report, indicating no immediate change in control or hostile intent, thus posing low risk.

Analyst Insight

Investors should note Charles Kohnen's continued substantial, passive ownership, which suggests long-term confidence but no immediate activist intentions. This filing primarily updates ownership percentages rather than signaling a new strategic move.

Key Numbers

• 318,500 shares — Aggregate Beneficially Owned (Total common stock of SCI Engineered Materials, Inc. owned by Charles Kohnen as of December 31, 2023.)
• 297,500 shares — Sole Voting Power (Shares over which Charles Kohnen has exclusive voting control.)
• 21,000 shares — Shared Voting Power (Shares over which Charles Kohnen shares voting control with others.)
• December 31, 2023 — Date of Event (The date that triggered the requirement for this Schedule 13G/A filing.)

Key Players & Entities

• Charles Kohnen (person) — Reporting Person, beneficial owner of shares in SCI Engineered Materials, Inc.
• SCI Engineered Materials, Inc. (company) — The issuer of the securities being reported on.
• 318,500 shares (dollar_amount) — Aggregate amount of common stock beneficially owned by Charles Kohnen.

Forward-Looking Statements

• Charles Kohnen will maintain a significant, passive stake in SCI Engineered Materials, Inc. (Charles Kohnen) — high confidence, target: Next 12 months

FAQ

Filing Documents

• formsc13ga.htm (SC 13G/A) — 26KB
• 0001062993-24-002836.txt ( ) — 27KB

Ownership

Item 4. Ownership (a) Amount Beneficially Owned: 318,500 (b) Percent of Class: 7.03% (1) Page 3 of 5 (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 297,500 (ii) Shared power to vote or to direct the vote: 21,000 ( 2 ) (iii) Sole power to dispose or to direct the disposition of: 297,500 (iv) Shared power to dispose or to direct the disposition of: 21,000 ( 2 ) (1) Based on 4,530,207 shares of Common Stock outstanding as of February 8, 2024, as reported by the Issuer in its Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission on February 9, 2024. (2) The Reporting Person shares voting and dispositive power with his wife, Angela Kohnen, over 21,000 shares.

Ownership of Five Percent or Less of a Class

Item 5. Ownership 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 owner of more than five percent of the class of securities, check the following [ ].

Ownership of more than Five Percent on Behalf of Another Person

Item 6. Ownership of more than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Not applicable.

Identification and classification of members of the group

Item 8. Identification and classification of members of the group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not applicable.

Certifications

Item 10. Certifications. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. Page 4 of 5 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. Dated: February 11, 2024 /s/ Charles Kohnen Charles Kohnen The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). Page 5 of 5

View Full Filing

View this SC 13G/A filing on SEC EDGAR