Overbrook235 LLC's Schedule 13D Filing for Dick's Sporting Goods, Inc.
Overbrook235 LLC has filed a Schedule 13D regarding its ownership of Dick's Sporting Goods, Inc. The filing indicates that Overbrook235 LLC, a Wyoming limited liability company, acts as trustee for several trusts that collectively hold a significant number of shares. Specifically, Overbrook235 LLC has beneficial ownership of 12,056,390 shares, representing 15.39% of the outstanding common stock on an as-converted basis. This ownership includes sole voting power over 9,051,615 shares and sole dispositive power over 12,056,390 shares. The filing clarifies that Overbrook235 LLC has no pecuniary interest in these shares and no control over future contributions to the trusts. The shares were acquired through various trusts, including the Edward W Stack Irrev Trust, the Edward W Stack Non-Grantor Trust, and the Ardsley Trust, as well as the Denise Stack Non Exempt Descendants Trust. Overbrook235 LLC does not currently have specific plans or proposals that would result in the acquisition or disposition of additional securities, other than potential future acquisitions or dispositions by the trusts it manages. The filing also notes a Voting Agreement and Proxy dated October 13, 2009, which impacts the voting power of certain shares held by the Denise Stack Non Exempt Descendants Trust.