Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

13D Filing: Foundation Asset Management Buys More Shares of Stewart Information Services Corp (STC)

David Charney and Sky Wilber‘s Foundation Asset Management has just filed a Form 13D with the SEC, updating the regulatory body on the latest pertinent information related to its position in Stewart Information Services Corp (NYSE:STC). The activist filing shows a 1.43 million-share position in the stock, a slight increase from the 1.42 million-share stake it held in the stock at the end of December, when it ranked as the fund’s second-largest position. You can see the latest ownership position in the table below, while the filing is embedded below and on the following pages.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
FOUNDATION OFFSHORE MASTER FUND, LTD 1,431,796 1,431,796 1,431,796 1,431,796 1,431,796 6.4%
FOUNDATION ASSET MANAGEMENT 1,431,796 1,431,796 1,431,796 1,431,796 1,431,796 6.4%
FOUNDATION ASSET MANAGEMENT GP II 1,431,796 1,431,796 1,431,796 6.4%
DAVID CHARNEY 1,000 1,000 1,431,796 6.4%
SKY WILBER 1,432,796 6.4%
David Charney And Sky Wilber
David Charney And Sky Wilber
Foundation Asset Management

Page 1 of 9 SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment No. 7)1
Stewart Information Services Corporation
(Name of Issuer)
Common Stock, $1.00 par value per share
(Title of Class of Securities)
860372101
(CUSIP Number)
BEN BRESNAHAN
FOUNDATION ASSET MANAGEMENT, LP
81 Main Street, Suite 306
White Plains, NY 10601
(914) 574-2923
 
STEVE WOLOSKY, ESQ.
OLSHAN FROME WOLOSKY LLP
Park Avenue Tower
65 East 55th Street
New York, New York 10022
(212) 451-2300

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)
February 22, 2016
(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 ¨.
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See § 240.13d-7 for other parties to whom copies are to be sent.
_______________
1              The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on 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).
Follow Stewart Information Services Corp (NYSE:STC)
Trade (NYSE:STC) Now!
Loading...