Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment Number Thirty Five)
CoreCard Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
45816D100
(CUSIP Number)
12/31/2021
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
| 1 |
NAME OF REPORTING PERSON Weitz Investment Management, Inc.
| ||
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ☐ (a) ☐ (b) | ||
| 3 | SEC USE ONLY | ||
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION State of Nebraska | ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
|
5 |
SOLE VOTING POWER 615,000 | |
| 6 |
SHARED VOTING POWER None | ||
| 7 |
SOLE DISPOSITIVE POWER 615,000 | ||
| 8 |
SHARED DISPOSITIVE POWER None | ||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 615,000 | ||
| 10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES ☐ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.07% | ||
| 12 |
TYPE OF REPORTING PERSON IA | ||
| 1 |
NAME OF REPORTING PERSON Wallace R. Weitz
| ||
| 2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ☐ (a) ☐ (b) | ||
| 3 | SEC USE ONLY | ||
| 4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Citizen of the United States of America | ||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
|
5 |
SOLE VOTING POWER None | |
| 6 |
SHARED VOTING POWER 615,000 | ||
| 7 |
SOLE DISPOSITIVE POWER None | ||
| 8 |
SHARED DISPOSITIVE POWER 615,000 | ||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 615,000 | ||
| 10 |
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES ☐ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.07% | ||
| 12 |
TYPE OF REPORTING PERSON IN, HC | ||
| Item 1(a). | Name of Issuer: |
CoreCard Corporation
| Item 1(b). | Address of Issuer’s Principal Executive Offices: |
4355 Schackleford Road
Norcross, Georgia 30093
| Item 2(a). | Name of Persons Filing: |
(i) Weitz Investment Management, Inc.
(ii) Wallace R. Weitz
| Item 2(b). | Principal Business Address of Persons Filing: |
1125 South 103rd Street, Suite 200
Omaha, Nebraska 68124-1071
| Item 2(c). | Citizenship or Place of Organization: |
Weitz Investment Management, Inc. – State of Nebraska
Wallace R. Weitz – Citizen of the United States of America
| Item 2(d). | Title of Class of Securities: |
Common Stock
| Item 2(e). | CUSIP Number: |
45816D100
| Item 3. | If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b), check whether the person filing is a: |
| (e) | Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. This statement is being filed by Weitz Investment Management, Inc. (“Weitz Inc.”) as a registered investment adviser. All of the securities reported in this statement are owned of record by investment advisory clients of Weitz Inc. and none are owned directly or indirectly by Weitz Inc. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Weitz Inc. is the beneficial owner of any of the securities covered by this statement. |
| (g) | Control Person. This statement is also being filed by Wallace R. Weitz (“Weitz”), primary owner of Weitz Inc. in the event he could be deemed to be an indirect beneficial owner of the securities reported by Weitz Inc. through the exercise of voting control and/or dispositive power over the securities as a result of his official positions or ownership of the voting securities of Weitz Inc. Mr. Weitz does not own directly or indirectly any securities covered by this statement for his own account. As permitted by Rule 13d-4, the filing of this statement shall not be construed as an admission that Mr. Weitz is the beneficial owner of any of the securities covered by this statement. |
Item 4. Ownership:
(a) Amount Beneficially Owned:
(i) Weitz Inc. 615,000 Shares
(ii) Weitz 615,000 Shares
(b) Percent of Class:
(i) Weitz Inc. 7.07%
(ii) Weitz 7.07%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote:
(1) Weitz Inc. 615,000
(2) Weitz 0
(ii) shared power to vote or to direct the vote:
(1) Weitz Inc. 0
(2) Weitz 615,000
(iii) sole power to dispose or to direct the disposition of:
(1) Weitz Inc. 615,000
(2) Weitz 0
(iv) shared power to dispose or to direct the disposition of:
(1) Weitz Inc. 0
(2) Weitz 615,000
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
| Item 6. | Ownership of More Than Five 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 |
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. | Certification |
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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purposes or effect.
After reasonable inquiry and to the best knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
WEITZ INVESTMENT MANAGEMENT, INC.
| Date: January 14, 2022 | By: /s/ Wallace R. Weitz |
| Name: Wallace R. Weitz | |
| Title: Chairman of the Board | |
| WALLACE R. WEITZ | |
| (Individually) | |
| Date: January 14, 2022 | By: /s/ Wallace R. Weitz |
| Name: Wallace R. Weitz |
Joint Filing Agreement
In accordance with Rule 13d-1(k)(1) under the Securities and Exchange Act of 1934, the persons or entities named below agree to the joint filing on behalf of each of them of this Schedule 13G with respect to the securities of the Issuer and further agree that this joint filing agreement be included as an exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this agreement as of the 14th day of January, 2022.
WEITZ INVESTMENT MANAGEMENT, INC.
| Date: January 14, 2022 | By: /s/ Wallace R. Weitz |
| Name: Wallace R. Weitz | |
| Title: Chairman of the Board | |
| WALLACE R. WEITZ | |
| (Individually) | |
| Date: January 14, 2022 | By: /s/ Wallace R. Weitz |