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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




X0202 SCHEDULE 13D/A 0001214659-24-015452 0002035146 XXXXXXXX LIVE 1 Common Stock, $0.001 par value per share 05/07/2026 false 0001616262 77467X101 Rocky Mountain Chocolate Factory, Inc. 265 TURNER DRIVE 265 TURNER DRIVE DURANGO CO 80202 American Heritage Railways 970-259-0274 479 Main Avenue Durango CO 81301-5421 0002035146 N American Heritage Railways, Inc. WC N FL 0.00 810459.00 0.00 810459.00 810459.00 N 8.7 CO * Percentage calculated is based on 9,332,822 shares of common stock, par value $0.001 per share outstanding as of January 8, 2026, as reported in the Form 10-Q for the fiscal quarter ended November 30, 2025, of Rocky Mountain Chocolate Factory, Inc. 0001209750 N Harper Allen C OO N X1 1911.00 810459.00 1911.00 810459.00 812370.00 N 8.7 IN * Percentage calculated is based on 9,332,822 shares of common stock, par value $0.001 per share outstanding as of January 8, 2026, as reported in the Form 10-Q for the fiscal quarter ended November 30, 2025, of Rocky Mountain Chocolate Factory, Inc. Common Stock, $0.001 par value per share Rocky Mountain Chocolate Factory, Inc. 265 TURNER DRIVE 265 TURNER DRIVE DURANGO CO 80202 This Amendment No. 1 ("Amendment No. 1") relates to the Statement of Beneficial Ownership on Schedule 13D filed by American Heritage Railways, Inc. and Allen C. Harper (each, a "Reporting Person," and collectively, the "Reporting Persons") with the Securities and Exchange Commission (the "SEC") on August 28, 2024 (the "Original Filing"), and as amended by this Amendment No. 1, the "Schedule 13D") and relates to shares of Common Stock, $0.001 par value per share (the "Common Stock"), of Rocky Mountain Chocolate Factory, Inc., a Delaware corporation (the "Company" or "Issuer"). Capitalized terms used but not defined in this Amendment have the meanings given to such terms in the Original Filing. Except as set forth herein, the Original Filing is unmodified. Item 2(c) is hereby amended as follows: Allen C. Harper no longer serves in any capacity of the Company. The principal occupation of Allen C. Harper is a private investor. The transactions described below ae reported for purposes of Item 5(c). On February 19, 2026, the Reporting Person sold 2,000 shares at an average price of $2.6191 per share. On February 20, 2026, the Reporting Person sold 7,499 shares at an average price of $2.6015 per share. On February 25, 2026, the Reporting Person sold 430 shares at an average price of $2.601 per share. On February 26, 2026, the Reporting Person sold 18,715 shares at an average price of $2.6067 per share. On February 27, 2026, the Reporting Person sold 5,241 shares at an average price of $2.60 per share. On March 4, 2026, the Reporting Person sold 11,297 shares at an average price of $2.60 per share. On March 5, 2026, the Reporting Person sold 8,918 shares at an average price of $2.60 per share. On May 1, 2026, the Reporting Person sold 35,900 shares at an average price of $2.45 per share. On May 4, 2026, the Reporting Person sold 50,000 shares at an average price of $2.45 per share. On May 7, 2026, the Reporting Person sold 530 shares at an average price of $2.60 per share. On May 8, 2026, the Reporting Person sold 30,254 shares at an average price of $2.60 per share. On May 13, 2026, the Reporting Person sold 14,421 shares at an average price of $2.6027 per share. On May 14, 2026, the Reporting Person sold 4,336 shares at an average price of $2.60 per share. The purpose of these transactions was investment purposes. These transactions were conducted for portfolio management and investment purposes. The Reporting Person reserves the right to make further purchases or sales of the Issuer's securities depending on market conditions and other factors. Item 5 of the Original Schedule 13D is hereby amended and restated as follows: (a) As of the date of this Amendment, American Heritage Railways, Inc. beneficially owns 810,459 shares of Common Stock, representing approximately 8.68% of the Issuer's outstanding Common Stock. As of the date of this Amendment, Allen C. Harper beneficially owns 812,370 shares of Common Stock, representing approximately 8.70% of the Issuer's outstanding Common Stock. (b) American Heritage Railways, Inc. has shared voting and shared dispositive power with respect to 810,459 shares of Common Stock. Allen C. Harper has sole voting and sole dispositive power with respect to 1,911 shares of Common Stock and shared voting and shared dispositive power with respect to 810,459 shares of Common Stock. (c) The Reporting Person sold an aggregate of 189,541 shares of Common Stock in open-market transactions between February 19, 2026 and May 14, 2026 at prices ranging from $2.45 to $2.6191 per share. (d) Not applicable. (e) Not applicable. Exhibit Number Description 1 Joint Filing Agreement, dated June 10, 2026 American Heritage Railways, Inc. /s/ Allen C. Harper Allen C. Harper, Chief Executive Officer 06/10/2026 Harper Allen C /s/ Allen C. Harper Allen C. Harper 06/10/2026