Gary Wyetzner Discloses 30,607 Shares in Regis Corp (RGS)

TL;DR

**New investor Gary Wyetzner just disclosed a stake in Regis Corp, signaling potential future activism.**

AI Summary

Gary Wyetzner, a U.S. citizen, has filed an SC 13D indicating beneficial ownership of 30,607 shares of Regis Corporation's Common Stock, representing less than 1% of the class. This filing, dated January 9, 2024, suggests he is part of a group, though the other members' holdings aren't detailed in this excerpt. For current or prospective shareholders, this matters because it signals a new, potentially activist, investor taking a position in Regis Corp, which could lead to future strategic changes or demands.

Why It Matters

A new investor taking a significant, though not controlling, stake could signal upcoming pressure for operational changes or a strategic review at Regis Corp.

Risk Assessment

Risk Level: medium — While the stake is small, the SC 13D filing indicates potential group activity, which could lead to corporate changes, introducing both upside and downside risk.

Analyst Insight

Investors should monitor future filings from Gary Wyetzner and any associated group members for further details on their collective stake and stated intentions, as this could signal upcoming activist pressure or strategic changes at Regis Corp.

Key Numbers

• 30,607 — Shares Beneficially Owned (Number of Regis Corp Common Stock shares Gary Wyetzner has sole voting and dispositive power over.)
• $0.05 — Par Value per Share (The stated par value of Regis Corporation's Common Stock.)
• 758932206 — CUSIP Number (Unique identification number for Regis Corporation's Common Stock.)
• January 9, 2024 — Date of Event (The date that triggered the requirement for this SC 13D filing.)

Key Players & Entities

• Gary Wyetzner (person) — Reporting Person, beneficial owner of Regis Corp shares
• Regis Corporation (company) — Issuer of the Common Stock
• William Charters (person) — Contact person for notices and communications
• Stephen Salvadore (person) — Contact person for notices and communications
• Christopher P. Davis (person) — Attorney at Kleinberg, Kaplan, Wolff & Cohen, P.C.
• Kleinberg, Kaplan, Wolff & Cohen, P.C. (company) — Law firm providing counsel

Forward-Looking Statements

• Gary Wyetzner, potentially with a group, will seek to engage with Regis Corp management regarding strategic direction. (Regis Corporation) — medium confidence, target: Within 6-12 months
• The group's full beneficial ownership will be disclosed in subsequent filings, potentially revealing a larger collective stake. (Gary Wyetzner) — medium confidence, target: Within 3 months

FAQ

From the Filing

0001013594-24-000022.txt : 20240109 0001013594-24-000022.hdr.sgml : 20240109 20240109105012 ACCESSION NUMBER: 0001013594-24-000022 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240109 DATE AS OF CHANGE: 20240109 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REGIS CORP CENTRAL INDEX KEY: 0000716643 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 410749934 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42627 FILM NUMBER: 24522164 BUSINESS ADDRESS: STREET 1: 3701 WAYZATA BLVD STREET 2: SUITE 500 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 9529477777 MAIL ADDRESS: STREET 1: 3701 WAYZATA BLVD STREET 2: SUITE 500 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Charters William CENTRAL INDEX KEY: 0002006935 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: 5537 NEWCASTLE LANE CITY: CALABASAS STATE: CA ZIP: 91302 SC 13D 1 regis13d-01092024.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ) Regis Corporation (Name of Issuer) Common Stock, $0.05 par value per share (Title of Class of Securities) 758932206 (CUSIP Number) William Charters 5537 Newcastle Lane Calabasas, CA 91302 (925) 330-6016   Stephen Salvadore 38 Sunset Drive East Greenwich, RI 02818 (646) 320 0191 Gary Wyetzner 64 Norris Avenue Metuchen, NJ 08840 (646) 484-0540 With a copy to: Christopher P. Davis Kleinberg, Kaplan, Wolff & Cohen, P.C. 500 Fifth Avenue New York, NY 10110 (212) 986-6000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 9, 2024 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. 1 NAME OF REPORTING PERSONS   Gary Wyetzner   2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)[X] (b)[  ]   3 SEC USE ONLY      4 SOURCE OF FUNDS (See Instructions) PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [   ]     6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER 30,607 OWNED BY EACH REPORTING 8 SHARED VOTING POWER 0 PERSON WITH   9 SOLE DISPOSITIVE POWER 30,607   10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,607 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.34% 14 TYPE OF REPORTING PERSON (See Instructions) IN 1 NAME OF REPORTING PERSONS   Stephen Salvadore   2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)[X] (b)[  ]   3 SEC USE ONLY      4 SOURCE OF FUNDS (See Instructions) PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [   ]     6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY 7 SOLE VOTING POWER 27,569 OWNED BY EACH REPORTING 8 SHARED VOTING POWER 35,055 PERSON WITH   9 SOLE DISPOSITIVE POWER 27,569   10 SHARED DISPOSITIVE POWER 35,055 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 62,624 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES    [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.75% 14 TYPE OF REPORTING PERSON (See Instructions) IN 1 NAME OF REPORTING PERSONS   Aurora Salvadore