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.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)*
Gouverneur Bancorp, Inc.
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
38358M109
(CUSIP Number)
December 31, 2023
(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)
[x] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
SCHEDULE 13G
|
CUSIP No. 38358M109 |
| 1 |
Names of Reporting Persons |
|
Oppenheimer-Spence Financial Services Partnership, LP Oppvest, LLC Carl K. Oppenheimer |
|
| 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 |
|
Oppenheimer-Spence Financial Services Partnership, LP - Delaware Oppvest, LLC - Delaware Carl K. Oppenheimer - U.S. Citizen |
| Number of Shares Beneficially Owned by Each Reporting Person With: |
5 | Sole Voting Power |
|
|
Oppenheimer-Spence Financial Services Partnership, LP - 60,823 Oppvest, LLC - 60,823 Carl K. Oppenheimer - 60,823 *Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G. |
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| 6 | Shared Voting Power |
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| 0 | |||
| 7 | Sole Dispositive Power |
||
|
Oppenheimer-Spence Financial Services Partnership, LP - 60,823 Oppvest, LLC - 60,823 Carl K. Oppenheimer - 60,823 *Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G. |
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| 8 |
Shared Dispositive Power |
||
| 0 | |||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person |
||
|
Oppenheimer-Spence Financial Services Partnership, LP - 60,823 Oppvest, LLC - 60,823 Carl K. Oppenheimer - 60,823 *Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G. |
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| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) |
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| [ ] | |||
| 11 | Percent of class represented by amount in row (9) |
||
|
Oppenheimer-Spence Financial Services Partnership, LP - 5.5% Oppvest, LLC - 5.5% Carl K. Oppenheimer - 5.5% *Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G. |
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| 12 | Type of Reporting Person (See Instructions) |
||
|
Oppenheimer-Spence Financial Services Partnership, LP - PN Oppvest, LLC - OO, IA Carl K. Oppenheimer - IN |
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Item 1.
(a) Name of Issuer: Gouverneur Bancorp, Inc.
(b) Address of Issuer's Principal Executive Offices: 42 Church Street, Gouverneur, NY 13642
Item 2.
(a) Name of Person Filing: Oppenheimer-Spence Financial Services Partnership, LP; Oppvest, LLC; Carl K. Oppenheimer
(b) Address of Principal Business Office or, if None, Residence: 119 West 57th Street, Suite 1515, New York, NY 10019
(c) Citizenship: Oppenheimer-Spence Financial Services Partnership, LP - Delaware; Oppvest, LLC - Delaware; Carl K. Oppenheimer - United States
(d) Title and Class of Securities: Common Stock, $0.01 Par Value Per Share
(e) CUSIP No.: 38358M109
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;
(b) [_] Bank as defined in Section 3(a)(6) of the Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Act;
(d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940;
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with Rule 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;
(j) [_] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
(k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____
Item 4. Ownership
(a) Amount Beneficially Owned:
Oppenheimer-Spence Financial Services Partnership, LP - 60,823
Oppvest, LLC - 60,823
Carl K. Oppenheimer - 60,823
*Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G.
(b) Percent of Class:
Oppenheimer-Spence Financial Services Partnership, LP - 5.5%
Oppvest, LLC - 5.5%
Carl K. Oppenheimer - 5.5%
*Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Oppenheimer-Spence Financial Services Partnership, LP - 60,823
Oppvest, LLC - 60,823
Carl K. Oppenheimer - 60,823
*Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G.
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
Oppenheimer-Spence Financial Services Partnership, LP - 60,823
Oppvest, LLC - 60,823
Carl K. Oppenheimer - 60,823
*Oppvest, LLC ("Oppvest"), in its capacity as General Partner of Oppenheimer-Spence Financial Services Partnership, LP, may be deemed a beneficial owner of the 60,823 shares held by Oppenheimer-Spence Financial Services Partnership, LP. Mr. Carl K. Oppenheimer, as managing member of Oppvest, LLC, may be deemed beneficial owners of 60,823 shares of the issuer. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Act"), Oppvest, LLC and Mr. Carl K. Oppenheimer hereby declare that the filing of this Schedule 13G shall not be construed as an admission that Oppvest, LLC or Mr. Carl K. Oppenheimer is, for the purposes of Sections 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Schedule 13G.
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
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 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. Not applicable
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: 1/24/2024
Carl K. Oppenheimer
Name/Title: Carl K. Oppenheimer, Managing Member
The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).