RMCF

SEC source: 0001193125-25-248817 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,957,101

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0001193125-25-248825 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,778,273

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001193125-25-248817 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,948,326

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0001193125-25-248825 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,769,498

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001193125-25-245564 · ownership.xml · nonDerivative · entry 3

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,933,764

F4 · price: As of October 20, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC. The positions held in such accounts are therefore no longer included herein.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0001193125-25-245564 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,937,149

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0001193125-25-245563 · ownership.xml · nonDerivative · entry 5

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,754,936

F5 · price: As of October 20, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC. The positions held in such accounts are therefore no longer included herein.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001193125-25-245563 · ownership.xml · nonDerivative · entry 4

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,758,321

F4 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001193125-25-245564 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,923,396

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0001193125-25-245563 · ownership.xml · nonDerivative · entry 3

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,744,568

F4 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001193125-25-245563 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 185,041

F1 · price: These entries correct an inadvertent attribution of 445 shares of shares of common stock, $0.001 par value of Rocky Mountain Chocolate Factory, Inc. previously reported as indirectly owned by Mr. Geygan, to Mr. Geygan's direct ownership. The transaction occurred on October 24, 2024, at a weighted average price of $2.6013 per share, and was originally reported on Mr. Geygan's Form 4, as amended, filed with the U.S. Securities and Exchange Commission on October 25, 2024 (SEC Accession No. 0000950170-24-117400).

SEC source: 0001193125-25-245563 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,682,898

F1 · price: These entries correct an inadvertent attribution of 445 shares of shares of common stock, $0.001 par value of Rocky Mountain Chocolate Factory, Inc. previously reported as indirectly owned by Mr. Geygan, to Mr. Geygan's direct ownership. The transaction occurred on October 24, 2024, at a weighted average price of $2.6013 per share, and was originally reported on Mr. Geygan's Form 4, as amended, filed with the U.S. Securities and Exchange Commission on October 25, 2024 (SEC Accession No. 0000950170-24-117400).

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-25-098534 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,861,726

F4 · price: As of July 24, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC. The positions held in such accounts are therefore no longer included herein.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-25-098535 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,683,343

F4 · price: As of July 24, 2025, certain separately managed accounts terminated their relationship with, and are no longer advised by, GVIC. The positions held in such accounts are therefore no longer included herein.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-25-098534 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,891,809

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-25-098535 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,713,426

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001415889-25-008042 · form4-03142025_010357.xml · nonDerivative · entry 1

Quinn Brian J · CIK 0002060191 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,091

F1 · kind: Represents the annual common stock grant to non-employee directors pursuant to the Issuer's Board of Directors compensation program. 25% of the shares vest on the Grant Date and 25% will vest quarterly thereafter.

SEC source: 0001437749-25-000343 · rdgdoc.xml · nonDerivative · entry 1

Craig Steven Lynn · CIK 0002004420 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 283,419

F1 · kind: Represents the annual common stock grant to non-employee directors pursuant to the Board of Directors compensation program.

SEC source: 0001437749-25-000344 · rdgdoc.xml · nonDerivative · entry 1

KEATING MELVIN L · CIK 0001263463 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,209

F1 · kind: Represents the annual common stock grant to non-employee directors pursuant to the Board of Directors compensation program.

SEC source: 0001437749-25-000342 · rdgdoc.xml · nonDerivative · entry 1

HARPER ALLEN C · CIK 0001209750 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,120

F1 · kind: Represents the annual common stock grant to non-employee directors pursuant to the Board of Directors compensation program.

SEC source: 0000950170-24-118265 · ownership.xml · nonDerivative · entry 3

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,880,737

F4 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-118266 · ownership.xml · nonDerivative · entry 3

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,702,354

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-118265 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,838,674

F4 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-118266 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,660,291

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0001437749-24-032235 · rdgdoc.xml · nonDerivative · entry 1

Craig Steven Lynn · CIK 0002004420 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 268,210

F1 · shares: Represents the annual commons stock grant pursuant to the issuer's Board of Director compensation program for the period 11/20/2023 to 8/31/2024.

SEC source: 0001437749-24-032237 · rdgdoc.xml · nonDerivative · entry 1

Arnold Charles B · CIK 0001707603 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,152

F1 · shares: Represents the annual common stock grant pursuant the issuer's Board of Directors compensation program for the period 11/30/2023 to 8/31/2024.

SEC source: 0001437749-24-032233 · rdgdoc.xml · nonDerivative · entry 1

JOHNSON STARLETTE B · CIK 0001186340 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,658

F1 · shares: Represents the annual common stock grant pursuant to the issuer board of director compensation program for the period 11/30/2023 to 8/31/2024

SEC source: 0001437749-24-032241 · rdgdoc.xml · nonDerivative · entry 1

Riegel Mark O · CIK 0001890368 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,180

F1 · shares: Represents the annual common stock grant pursuant the issuer's Board of Directors compensation program for the period 11/30/2023 to 8/31/2024.

SEC source: 0000950170-24-118265 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,832,430

F1 · price: Represents the annual common stock grant to Jeffrey R. Geygan pursuant to the issuer board of director compensation program for the period November 30, 2023, to August 31, 2024.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-118266 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 184,596

F4 · price: Represents the annual common stock grant to Jeffrey R. Geygan pursuant to the issuer board of director compensation program for the period November 30, 2023, to August 31, 2024.

SEC source: 0000950170-24-117097 · ownership.xml · nonDerivative · entry 3

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,818,723

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117096 · ownership.xml · nonDerivative · entry 4

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 168,719

SEC source: 0000950170-24-117096 · ownership.xml · nonDerivative · entry 3

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,656,217

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117399 · ownership.xml · nonDerivative · entry 4

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,816,553

F4 · price: The reported price represents a weighted average sale price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares sold at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117399 · ownership.xml · nonDerivative · entry 3

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,818,723

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117400 · ownership.xml · nonDerivative · entry 5

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 168,719

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

SEC source: 0000950170-24-117400 · ownership.xml · nonDerivative · entry 4

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,654,047

F4 · price: The reported price represents a weighted average sale price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares sold at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117400 · ownership.xml · nonDerivative · entry 3

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,656,217

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117097 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,643,412

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117096 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,492,841

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117399 · ownership.xml · nonDerivative · entry 2

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,643,412

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000921895-24-002368 · form409076041_10252024.xml · nonDerivative · entry 1

Radoff Bradley Louis · CIK 0001380585 · 10% owner

Radoff Family Foundation · CIK 0001496916 · See Footnote 1

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 450,148

F1 · security: This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that previously collectively beneficially owned more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000950170-24-117400 · ownership.xml · nonDerivative · entry 2

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,492,841

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117097 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,312,669

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117096 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,162,098

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-117399 · ownership.xml · nonDerivative · entry 1

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,312,669

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F3 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-117400 · ownership.xml · nonDerivative · entry 1

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,162,098

F1 · price: The reported price represents a weighted average purchase price. The Reporting Person(s) undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F2 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F3 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

SEC source: 0000950170-24-116277 · ownership.xml · nonDerivative · entry 4

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,310,669

F6 · price: As of October 21, 2024, certain separately managed accounts advised by GVIC received shares of Common Stock previously held in an account that was not advised by, and is not currently advised by, GVIC. As a result of this receipt, GVIC claimed indirect beneficial ownership over such shares of Common Stock as of the date of the receipt. No purchase price is associated with the receipt.

F3 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F4 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-116277 · ownership.xml · nonDerivative · entry 3

GLOBAL VALUE INVESTMENT CORP. · CIK 0001569866 · 10% owner

GVP 2021-A, L.P. · CIK 0001955705 · GVIC-Controlled Entity

GVP 2021-A, LLC · CIK 0001955706 · GVIC-Controlled Entity

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

GEYGAN JAMES · CIK 0001734726 · Director and Officer of GVIC

Wilke Stacy · CIK 0001865363 · Officer of GVIC

Geygan Kathleen · CIK 0001865425 · Director of GVIC

Rice Shawn G · CIK 0002007274 · Director of GVIC

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes.

Disclosed balance after: 1,258,892

F5 · price: The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.

F3 · ownership.nature: In addition to Global Value Investment Corporation, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, Kathleen M. Geygan, a citizen of the United States of America, and Shawn G. Rice, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

F4 · ownership.nature: In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, Kathleen M. Geygan, and Shawn G. Rice.

SEC source: 0000950170-24-116274 · ownership.xml · nonDerivative · entry 4

GEYGAN JEFFREY RICHART · CIK 0001733547 · Director · Interim CEO · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By Global Value Investment Corporation

Disclosed balance after: 1,160,098

F6 · price: As of October 21, 2024, certain separately managed accounts advised by GVIC received shares of Common Stock previously held in an account that was not advised by, and is not currently advised by, GVIC. As a result of this receipt, GVIC claimed indirect beneficial ownership over such shares of Common Stock as of the date of the receipt. No purchase price is associated with the receipt.

F3 · ownership.nature: These securities are held in one or more accounts managed indirectly by Global Value Investment Corporation or its subsidiary or its affiliated entities (collectively, "GVIC"). GVIC is controlled by the reporting person. These securities may be deemed to be beneficially owned by the reporting person because he controls GVIC, and GVIC may be deemed to have beneficial ownership of these securities because it serves as the investment manager to separate managed accounts and/or investment partnerships.

F4 · ownership.nature: The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.