Amit Agarwal Increases Stake in Cato Corp. to 8.9% via Schedule 13G/A Amendment

On May 21, 2026, Amit Mohan Agarwal filed a Schedule 13G/A (Amendment No. 11) with the SEC regarding his holdings in Cato Corp (CATO). The filing indicates that Agarwal has increased his position in the company's Class A Common Stock. Specifically, his beneficial ownership rose from 1,400,000 shares to 1,600,000 shares, representing an increase in his ownership percentage from 7.78% to 8.9%. Agarwal, a private investor based in Tampa, Florida, reported sole voting and dispositive power over the entire 1,600,000 shares. The filing was made pursuant to Rule 13d-1(c), certifying that the shares were not acquired for the purpose of changing or influencing the control of the issuer. This amendment marks a continued accumulation of shares by Agarwal in the Charlotte-based retail company. The transaction reflects a significant increase in the investor's stake, valued at approximately $5.52 million based on the filing date information.