Zumiez Insider Richard Brooks Holds 13.35% Stake

TL;DR

**Zumiez insider Richard Brooks still owns 13.35% of the company, a strong vote of confidence.**

AI Summary

Richard M. Brooks, an insider at Zumiez Inc., has updated his beneficial ownership of the company's common stock as of December 31, 2023. He now beneficially owns 2,647,954 shares, representing 13.35% of the company's outstanding shares. This filing, an amendment to a previous SC 13G, indicates a significant, though not new, stake held by a key individual, which can signal confidence in the company's future to investors.

Why It Matters

This filing shows a significant ownership stake by a key individual, Richard M. Brooks, which can be a positive signal of insider confidence in Zumiez's long-term prospects.

Risk Assessment

Risk Level: low — This filing is an update on an existing significant insider stake and does not introduce new risks to investors.

Analyst Insight

Investors should note that a significant insider, Richard M. Brooks, maintains a substantial 13.35% stake in Zumiez Inc. This indicates continued confidence from a key individual, which could be a positive factor when evaluating the stock, but this filing itself doesn't suggest immediate action.

Key Numbers

• 2,647,954 — Shares Beneficially Owned (The total number of Zumiez Inc. common shares Richard M. Brooks beneficially owns as of December 31, 2023.)
• 13.35% — Percent of Class (The percentage of Zumiez Inc.'s common stock beneficially owned by Richard M. Brooks, based on 19,834,032 shares outstanding.)
• 19,834,032 — Total Shares Outstanding (The total number of Zumiez Inc. shares used as the basis for calculating the percentage of class owned by Richard M. Brooks.)
• December 31, 2023 — Date of Event (The date that triggered the requirement for this Schedule 13G/A filing.)

Key Players & Entities

• Richard M. Brooks (person) — Reporting Person, beneficial owner of Zumiez Inc. shares
• Zumiez Inc. (company) — The issuer of the common stock
• 07 Trade & Services (company) — Organization name associated with Zumiez Inc.
• United States of America (company) — Citizenship of Richard M. Brooks

Forward-Looking Statements

• Richard M. Brooks will maintain a significant ownership stake in Zumiez Inc. (Richard M. Brooks) — high confidence, target: December 31, 2024

FAQ

Filing Documents

• d870846dsc13ga.htm (SC 13G/A) — 52KB
• 0001193125-24-009630.txt ( ) — 53KB

From the Filing

SC 13G/A 1 d870846dsc13ga.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. 18)* Zumiez Inc. (Name of Issuer) Common Stock, no par value (Title of Class of Securities) 989817101 (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. 989817101 1. Names of Reporting Persons Richard M. Brooks 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 United States of America Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power 2,647,954 6. Shared Voting Power 0 7. Sole Dispositive Power 2,647,954 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,647,954 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 13.35%* 12. Type of Reporting Person (See Instructions) IN * Based on 19,834,032 shares of the Issuers Common Stock outstanding as of November 29, 2023 as reported on the Issuers Quarterly Report filed on December 4, 2023. 2 Item 1. (a) Name of Issuer Zumiez Inc. (the Issuer) (b) Address of Issuers Principal Executive Offices 4001 204 th Street SW Lynnwood, Washington 98036 Item 2. (a) Name of Person Filing Richard M. Brooks (b) Address of Principal Business Office or, if none, Residence 4001 204 th Street SW Lynnwood, Washington 98036 (c) Citizenship United States of America (d) Title of Class of Securities Common Stock, no par value (e) CUSIP Number 989817101 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 (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-1(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 association 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) Group, in accordance with 240.13d-1(b)(1)(ii)(J). Not Applicable 3 Item 4. 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: See the response to Item 9 on the attached cover page. (b) Percent of class: See the response to Item 11 on the attached cover page. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote See the response to Item 5 on the attached cover page. (ii) Shared power to vote or to direct the vote See the response to Item 6 on the attached cover page. (iii) Sole power to dispose or to direct the disposition of See the response to Item 7 on the attached cover page. (iv) Shared power to dispose or to direct the disposition of See the response to Item 8 on the attached cover page. Item 5. 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 . Not Applicable. Item 6. 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. Item 8. Identification and Classification of Members of the Group Not Applicable.

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