Filing Details

 

CUSIP NO. 714157203
1.	NAME OF REPORTING PERSON Heartland Advisors, Inc.
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)                               (b)
3.	SEC USE ONLY
4.	SOURCE OF FUNDS OO – Funds of investment advisory clients
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [X]
6.	CITIZENSHIP OR PLACE OF ORGANIZATION Wisconsin
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7.	SOLE VOTING POWER 0 shares
		8.	SHARED VOTING POWER 1,045,500shares
		9.	SOLE DISPOSITIVE POWER 0 shares
		10.	SHARED DISPOSITIVE POWER 1,141,000shares
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,141,000 shares
12.	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [  ]
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14.	TYPE OF REPORTING PERSON IA

 

CUSIP NO. 714157203
1.	NAME OF REPORTING PERSON William J. Nasgovitz
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)                               (b)
3.	SEC USE ONLY
4.	SOURCE OF FUNDS OO – Funds of investment advisory clients
5.	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) [  ]
6.	CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7.	SOLE VOTING POWER 0 shares
		8.	SHARED VOTING POWER 1,045,500 shares
		9.	SOLE DISPOSITIVE POWER 0 shares
		10.	SHARED DISPOSITIVE POWER 1,141,000 shares
11.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,141,000 shares
12.	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [  ]
13.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.6%
14.	TYPE OF REPORTING PERSON IN, HC

 

This Amendment No. 6 to Schedule 13D amends and supplements the Schedule 13D originally filed on July 27, 2016 (the “Original Schedule 13D”) as amended by Amendment No. 1 filed on July 25, 2017 (“Amendment No. 1”), by Amendment No. 2 filed on August 30, 2017, by Amendment No. 3 filed on January 10, 2020, by Amendment No. 4 filed on January 13, 2021 and by Amendment No. 5 filed on September 14, 2021, (the Original Schedule 13D, as so amended, the “Amended Schedule 13D”) and is being filed jointly on behalf of Heartland Advisors, Inc., a Wisconsin corporation (“Heartland”), and William J. Nasgovitz, an individual (each a “Reporting Person,” and together, the “Reporting Persons”), relating to the common stock, $0.001 par value per share (the “Common Stock), of Perma-Fix Environmental Services, Inc., a Delaware corporation (the “Company”).  The purpose of this Amendment No. 6 to Schedule 13D is to update the Reporting Persons’ ownership, which declined as a result of an increase in the number of Company shares outstanding, as reported in the Company’s Quarterly Report for the quarter ended September 30, 2021 and filed on November 12, 2021 and sales of Company stock by Heartland on behalf of its clients.

Unless otherwise defined or modified below, capitalized terms used in this Amendment No. 6 to Schedule 13D shall have the meaning ascribed to them in the Original Schedule 13D.

All disclosure for items contained in the Amended Schedule 13D where no new information is provided for such item in this Amendment No. 6 to Schedule 13D is incorporated herein by this reference.

Item 3. Source and Amount of Funds or Other Consideration

 

Heartland has beneficially owned shares of Common Stock on behalf of Client Accounts for a number of years.  As of November 12, 2021, Heartland beneficially owned an aggregate of 1,141,000 shares of the Company’s Common Stock.  All shares of Common Stock held by Heartland on behalf of the Client Accounts were purchased with funds provided by the Client Accounts.

Item 5. Interest in Securities of the Issuer

 

The aggregate percentage of shares of Common Stock reported owned by each person named herein is based upon 13,214,910 shares outstanding, which is the total number of shares of Common Stock outstanding as of November 4, 2021, as reported in the Company’s Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on November 12, 2021.

As of November 12, 2021, as investment adviser to the Client Accounts, Heartland may be deemed the beneficial owner of 1,141,000 shares, or approximately 8.6%, of the Company’s Common Stock.  The clients of Heartland, a registered investment adviser, including a series of a registered investment company and other managed accounts, have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of shares of the Company’s Common Stock held by Heartland included in this Schedule 13D.  The Heartland Value Fund, a series of Heartland Group, Inc., a registered investment company, owns greater than 5% of the Common Stock of the Company.  Any remaining shares of Common Stock disclosed in this filing as owned by Heartland and Mr. Nasgovitz are owned by various other Client Accounts managed by Heartland on a discretionary basis.  To the best of Heartland’s knowledge, as of November 12, 2021, none of the other Client Accounts owns more than 5% of the shares of the Company’s Common Stock outstanding.

 

Heartland, as investment adviser to the Client Accounts, may be deemed to have shared voting power with respect to 1,045,500 shares and shared dispositive power with respect to 1,141,000 shares of Common Stock.  Mr. Nasgovitz, as a control person of Heartland, may be deemed to have shared voting power with respect to 1,045,500 shares of the Company’s Common Stock and shared dispositive power with respect to 1,141,000 shares and may thus be deemed the indirect beneficial owner of the shares beneficially owned by Heartland.  Mr. Nasgovitz specifically disclaims beneficial ownership of such shares.

A description of any transactions in the Common Stock by Heartland on behalf of its clients during the past sixty (60) days from the date hereof is set forth on Annex 2 attached hereto and incorporated herein by reference.

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: November 16, 2021

HEARTLAND ADVISORS, INC.

 

 

By:        /s/ Vinita K. Paul                

Name: Vinita K. Paul

Title:    Vice President, Chief Compliance Officer,

             General Counsel and Secretary

 

 

WILLIAM J. NASGOVITZ

 

 

By:        /s/ Vinita K. Paul                

Name: Vinita K. Paul

Title:    Attorney in Fact for William J. Nasgovitz

            (Pursuant to Power of Attorney Previously Filed)

 

ANNEX 2

TRANSACTIONS

Trade Date	Reporting Person	Transaction Type1	Number of Shares	Price Per Share ($)
9/15/2021	Heartland	Sell	2,364	$6.4021
9/16/2021	Heartland	Sell	1,000	$6.0960
9/17/2021	Heartland	Sell	12,250	$6.4227
9/20/2021	Heartland	Sell	2,100	$7.0033
9/20/2021	Heartland	Sell	5,000	$7.0148
9/21/2021	Heartland	Sell	305	$6.9200
9/21/2021	Heartland	Sell	2,600	$6.9100
9/21/2021	Heartland	Sell	2,025	$6.9000
9/23/2021	Heartland	Sell	475	$6.7000
9/23/2021	Heartland	Sell	4,595	$6.7268
9/23/2021	Heartland	Sell	2,400	$6.7415
10/25/2021	Heartland	Sell	19,700	$7.1856
10/26/2021	Heartland	Sell	4,607	$7.1706
10/27/2021	Heartland	Sell	250	$7.0860
10/27/2021	Heartland	Sell	1,800	$7.1112
10/28/2021	Heartland	Sell	7,453	$7.1453
10/29/2021	Heartland	Sell	800	$7.2100
11/2/2021	Heartland	Sell	500	$7.0873
11/8/2021	Heartland	Sell	6,500	$7.1651
11/9/2021	Heartland	Sell	9,700	$7.1010

 

 

 

 

 

______________________________   

¹  All trades were made in the open market.

INDEX TO EXHIBITS

Exhibit	Description
1	Joint Filing Agreement (incorporated by reference to Exhibit 1 of the Original Schedule 13D)
2	Power of Attorney (incorporated by reference to Exhibit 2 of the Amendment No. 1 to Schedule 13D)