Track Group, Inc. has 3 Schedule 13D or 13G filings on record since 2026-03-31. 2 holders' latest filing reports 5% or more of common stock, par value $0.0001 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Smith Denver Johnson | 43% | 17,930,695 | SCHEDULE 13D/A, 2026-05-04 | 2026-04-30 |
| JCP Investment Management, LLC | 41.3% | 17,239,004 | SCHEDULE 13D, 2026-05-05 | 2026-04-30 |
Purpose of Transaction (Item 4)
Smith Denver Johnson
Item 4 is hereby amended to add the following: On April 30, 2026, the Issuer entered into a Securities Purchase Agreement (the "PIPE Agreement") with CRC Founders, JCP Investment Partnership, LP ("JCP LP"), JCP Investment Management, LLC ("JCP Management" and together with JCP LP, "JCP") and the other investor parties thereto (collectively with CRC Founders and JCP, the "Investors") pursuant to which the Issuer issued and sold to the Investors in a private placement an aggregate of (i) 29,471,429 Shares at a price of $0.35 per Share and (ii) warrants to purchase 750,000 Shares at an exercise price of $0.35 per Share, which are exercisable from the date of issuance until the date that is 10 years after such issuance date (the "Warrants"). CRC Founders purchased 14,510,714 Shares and received Warrants to purchase 375,000 Shares in connection with the PIPE Agreement. The PIPE Agreement provides that each of CRC Founders and JCP shall have the right to designate three (3) directors for election to the Issuer's Board of Directors (the "Board") so long as such party owns at least 30% of the Shares such party acquired pursuant to the PIPE Agreement. Under the PIPE Agreement, the initial designees of CRC Founders to the Board are Denver Smith and Kyle Kidd. In connection with the PIPE Agreement, on April 30, 2026, the Issuer also entered into a Registration Rights Agreement (the "Registration Rights Agreement") with the Investors whereby the Issuer is required to file a …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-05-04; the filing has the rest
JCP Investment Management, LLC
The Reporting Persons purchased the securities of the Issuer reported herein based on the Reporting Persons' belief that the securities, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of securities of the Issuer at prices that would make the purchase or sale of such securities desirable, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of securities of the Issuer on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. On April 30, 2026, the Issuer entered into a Securities Purchase Agreement (the "PIPE Agreement") with JCP Partnership and JCP Management (together, "JCP"), CRC Founders Fund, LP ("CRC Founders") and the other investor parties thereto (collectively with JCP and CRC Founders, the "Investors") pursuant to which the Issuer issued and sold to the Investors in a private placement an aggregate of (i) 29,471,429 Shares at a price of $0.35 per Share and (ii) warrants to purchase 750,000 Shares at an exercise price of $0.35 per Share, which are exercisable from the date of issuance until the date that is 10 years after such issuance date (the "Warrants"). JCP Partnership purchased 12,957,434 Shares and received Warrants to purchase …The first part of Item 4 of the SCHEDULE 13D filed 2026-05-05; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-03-31 | Smith Denver Johnson | 5.8% | SCHEDULE 13D/A |
| 2026-05-04 | Smith Denver Johnson | 43% | SCHEDULE 13D/A |
| 2026-05-05 | JCP Investment Management, LLC | 41.3% | SCHEDULE 13D |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.
