Askeladden Capital Management Reports New 5.3% Stake in Franklin Covey Co (FC)

On May 15, 2026, Askeladden Capital Management, LLC, along with its managing member Samir Patel, filed a Schedule 13G regarding their holdings in Franklin Covey Co (FC). The filing reveals that as of March 23, 2026, the reporting persons have acquired a beneficial ownership stake of 651,459 shares of Common Stock, representing 5.3% of the company based on 11,552,552 shares outstanding. This represents a new significant position for the Texas-based investment adviser, as the previous ownership was reported at 0.0%. The shares are held directly by separately managed accounts on behalf of investment advisory clients, with Askeladden and Mr. Patel sharing voting and dispositive power over the securities. The filing was made under Rule 13d-1(b), indicating that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Both reporting persons disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.