Filing Details
- Accession Number:
- 0001174947-25-000046
- Form Type:
- 13G Filing
- Publication Date:
- 2025-01-21 19:00:00
- Filed By:
- Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust
- Company:
- Espey Mfg & Electronics Corp (NYSEMKT:ESP)
- Filing Date:
- 2025-01-22
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust | 0 | 597,127 | 21% |
Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 4)
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ESPEY MFG & ELECTRONICS CORP (Name of Issuer) |
Common Stock (Title of Class of Securities) |
296650104 (CUSIP Number) |
12/31/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
|
 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 296650104 |
| 1 | Names of Reporting Persons
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
NEW YORK
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
597,127.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
21 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
EP |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
ESPEY MFG & ELECTRONICS CORP | |
| (b) | Address of issuer's principal executive offices:
233 Ballston Ave., Saratoga Springs, NY 12866 | |
| Item 2. | ||
| (a) | Name of person filing:
Espey Mfg. & Electronics Corp. Employee Retirement Plan and Trust, Jennifer Pickering, Trustee. | |
| (b) | Address or principal business office or, if none, residence:
233 Ballston Ave., Saratoga Springs, NY 12866 | |
| (c) | Citizenship:
New York | |
| (d) | Title of class of securities:
Common Stock | |
| (e) | CUSIP No.:
296650104 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
| |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
| |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
| |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
| |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
| |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
| |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
| |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
| |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
| |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
| |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
597,127
The ESOP holds an aggregate of 597,127 shares of the Company's Common Stock (21% of the outstanding shares). The ESOP has the sole voting power with respect to shares held by it which have not been allocated to participant accounts, and shared voting power with respect to shares held by it which have been allocated to participant accounts.
Pursuant to the ESOP, participants are entitled to instruct the Trustee as to the voting of shares allocated to their accounts unless the Trustee determines that the instructions would be a violation of ERISA. Subject to ERISA, the Trustee votes the unallocated shares in the manner directed by the Board of Directors of the Company, which is currently in the same proportion as the instructions received on the allocated shares.
Jennifer Pickering was appointed ESOP Trustee effective July 1, 2024, and was sole trustee as of December 31, 2024. Jennifer Pickering disclaims beneficial ownership of all of the shares held by the ESOP, as she currently does not have any shares allocated to her under the plan. | |
| (b) | Percent of class:
21 %
| |
| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
211,486 | ||
| (ii) Shared power to vote or to direct the vote:
597,127 | ||
| (iii) Sole power to dispose or to direct the disposition of:
211,486 | ||
| (iv) Shared power to dispose or to direct the disposition of:
597,127 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
| ||
| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| 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.
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