<?xml version="1.0" ?>
<proxyVoteTable xmlns="http://www.sec.gov/edgar/document/npxproxy/informationtable">
	<proxyTable>
		<issuerName>AMERISERV FINANCIAL, INC.</issuerName>
		<cusip>03074A102</cusip>
		<meetingDate>07/29/2025</meetingDate>
		<voteDescription>Advisory vote to approve the compensation of the named executive officers of the Company</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>43200</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>AMERISERV FINANCIAL, INC.</issuerName>
		<cusip>03074A102</cusip>
		<meetingDate>07/29/2025</meetingDate>
		<voteDescription>Advisory vote on the frequency of future advisory votes on the compensation of the named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>43200</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>KEWAUNEE SCIENTIFIC CORPORATION</issuerName>
		<cusip>492854104</cusip>
		<meetingDate>08/27/2025</meetingDate>
		<voteDescription>Advisory basis approval of the frequency of advisory votes on the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>60860</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CONSUMERS BANCORP, INC</issuerName>
		<cusip>210509105</cusip>
		<meetingDate>10/23/2025</meetingDate>
		<voteDescription>Advisory resolution to approve, on a non-binding basis, the compensation of the Company's named executive officers as described in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>6581</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CONSUMERS BANCORP, INC</issuerName>
		<cusip>210509105</cusip>
		<meetingDate>10/23/2025</meetingDate>
		<voteDescription>Advisory resolution to approve the frequency of non-binding shareholder votes on the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>6581</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>UNIFI, INC.</issuerName>
		<cusip>904677200</cusip>
		<meetingDate>10/28/2025</meetingDate>
		<voteDescription>Advisory vote to approve named executive officer compensation in fiscal 2025</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>927527</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>UNIFI, INC.</issuerName>
		<cusip>904677200</cusip>
		<meetingDate>10/28/2025</meetingDate>
		<voteDescription>Approval of Second Amended and Restated 2013 Incentive Compensation Plan to increase the number of shares of the company's common stock reserved for issuance by 1,240,000 shares</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>927527</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>HOME FEDERAL BANCORP, INC. OF LOUSIANA</issuerName>
		<cusip>43708L108</cusip>
		<meetingDate>11/19/2025</meetingDate>
		<voteDescription>Approve the Company's 2025 Stock Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>2400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>HOME FEDERAL BANCORP, INC. OF LOUSIANA</issuerName>
		<cusip>43708L108</cusip>
		<meetingDate>11/19/2025</meetingDate>
		<voteDescription>Adopt a non-binding resolution to approve the compensation of the company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>2400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>HOME FEDERAL BANCORP, INC. OF LOUSIANA</issuerName>
		<cusip>43708L108</cusip>
		<meetingDate>11/19/2025</meetingDate>
		<voteDescription>Advisory vote on the frequency of the non-binding resolution to approve the compensation of the company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>2400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FIRST SAVINGS FINANCIAL GROUP, INC.</issuerName>
		<cusip>33621E109</cusip>
		<meetingDate>12/19/2025</meetingDate>
		<voteDescription>Approval, on an advisory (non-binding) basis, of the compensation to be paid to the named executive officers of the company that is based on or otherwise relates to the proposed merger</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>10521</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SIFCO INDUSTRIES, INC.</issuerName>
		<cusip>826546103</cusip>
		<meetingDate>01/28/2026</meetingDate>
		<voteDescription>Cast a non-binding advisory vote on executive compensation (say-on-pay)</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>442979</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SIFCO INDUSTRIES, INC.</issuerName>
		<cusip>826546103</cusip>
		<meetingDate>01/28/2026</meetingDate>
		<voteDescription>Vote on the frequency for holding the non-binding advisory vote on the say-on-pay (everyone one, two or three years)</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>442979</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CONTAGO ORE, INC.</issuerName>
		<cusip>21077F100</cusip>
		<meetingDate>03/17/2026</meetingDate>
		<voteDescription>Approve the 2026 Omnibus Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>59647</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DLH HOLDINGS CORP.</issuerName>
		<cusip>23335Q100</cusip>
		<meetingDate>03/12/2026</meetingDate>
		<voteDescription>Advisory vote regarding the approval of compensation paid to the company's named Executive Officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>751434</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FREIGHTCAR AMERICA, INC.</issuerName>
		<cusip>357023100</cusip>
		<meetingDate>04/10/2026</meetingDate>
		<voteDescription>Approve on an advisory basis, the compensation of our Named Executive Officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>245499</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>WESBANCO, INC. </issuerName>
		<cusip>950810101</cusip>
		<meetingDate>04/15/2026</meetingDate>
		<voteDescription>Approve an advisory (non-binding) vote on compensation paid to the company's named executive officers in 2025</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>11</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>WESBANCO, INC. </issuerName>
		<cusip>950810101</cusip>
		<meetingDate>04/15/2026</meetingDate>
		<voteDescription>Approve the company's 2026 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>11</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SOUTHSTATE BANK CORPORATION</issuerName>
		<cusip>84472E102</cusip>
		<meetingDate>04/15/2026</meetingDate>
		<voteDescription>Approve, as an advisory, non-binding "say on pay" resolution of our executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>4833</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FARMERS NATIONAL BANC CORP. </issuerName>
		<cusip>309627107</cusip>
		<meetingDate>04/16/2026</meetingDate>
		<voteDescription>Consider and vote upon a non-binding advisory resolution to approve the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>4833</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FARMERS NATIONAL BANC CORP. </issuerName>
		<cusip>309627107</cusip>
		<meetingDate>04/16/2026</meetingDate>
		<voteDescription>To consider and vote upon a proposal to adopt the Company's 2026 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>6127</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DONEGAL GROUP INC CL A</issuerName>
		<cusip>257701201</cusip>
		<meetingDate>04/16/2026</meetingDate>
		<voteDescription>Approval, on an advisory basis, of the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>44122</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DONEGAL GROUP INC CL B</issuerName>
		<cusip>257701300</cusip>
		<meetingDate>04/16/2026</meetingDate>
		<voteDescription>Approval, on an advisory basis, of the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>16672</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CITIZENS FINANCIAL SERVICES, INC.</issuerName>
		<cusip>174615104</cusip>
		<meetingDate>04/21/2026</meetingDate>
		<voteDescription>Approval of the Company's 2026 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>7881</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CITIZENS FINANCIAL SERVICES, INC.</issuerName>
		<cusip>174615104</cusip>
		<meetingDate>04/21/2026</meetingDate>
		<voteDescription>Advisory vote to approve the compensation of the Company's named executive officers as disclosed in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>7881</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DELUXE CORPORATION</issuerName>
		<cusip>248019101</cusip>
		<meetingDate>04/23/2026</meetingDate>
		<voteDescription>Advisory vote (non-binding) to approve the compensation of our Named Executive Officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>11400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DELUXE CORPORATION</issuerName>
		<cusip>248019101</cusip>
		<meetingDate>04/23/2026</meetingDate>
		<voteDescription>Approval of the Amendment No. 3 to the corporations's 2022 Stock Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>11400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CITIZENS FINANCIAL GROUP</issuerName>
		<cusip>174610105</cusip>
		<meetingDate>04/23/2026</meetingDate>
		<voteDescription>Advisory vote on Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>21485</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CITIZENS &amp; NORTHERN CORPORATION </issuerName>
		<cusip>172922106</cusip>
		<meetingDate>04/23/2026</meetingDate>
		<voteDescription>Approve, in an advisory (non-binding) vote, the compensation of the Company's named executive officers as disclosed in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>42900</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>EAGLE BANCORP MONTANA INC</issuerName>
		<cusip>26942G100</cusip>
		<meetingDate>04/23/2026</meetingDate>
		<voteDescription>Advisory vote on named executive officer compensation as disclosed in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>21098</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>PROLOGIS, INC.</issuerName>
		<cusip>74340W103</cusip>
		<meetingDate>04/28/2026</meetingDate>
		<voteDescription>Advisory vote to approve the Company's Executive Compensation for 2025</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>470</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FMC CORPORATION </issuerName>
		<cusip>302491303</cusip>
		<meetingDate>04/28/2026</meetingDate>
		<voteDescription>Approval, by non-binding vote, of executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>45800</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FMC CORPORATION </issuerName>
		<cusip>302491303</cusip>
		<meetingDate>04/28/2026</meetingDate>
		<voteDescription>Vote on a proposal to approve the 2026 FMC incentive stock plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>45800</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FIRST COMMONWEALTH FINANCIAL CORP</issuerName>
		<cusip>319829107</cusip>
		<meetingDate>04/28/2026</meetingDate>
		<voteDescription>Advisory vote to approve named officer compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>25560</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NORWOOD FINANCIAL CORP. </issuerName>
		<cusip>669549107</cusip>
		<meetingDate>04/28/2026</meetingDate>
		<voteDescription>To consider and approve a non-binding advisory resolution regarding the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>23851</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FIRST BANK</issuerName>
		<cusip>31931U102</cusip>
		<meetingDate>04/29/2026</meetingDate>
		<voteDescription>Approve an advisory resolution approving the 2025 compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>41143</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>UNISYS CORPORATION </issuerName>
		<cusip>909214306</cusip>
		<meetingDate>04/30/2026</meetingDate>
		<voteDescription>Non-binding advisory note to approve executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>299847</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>UNISYS CORPORATION </issuerName>
		<cusip>909214306</cusip>
		<meetingDate>04/30/2026</meetingDate>
		<voteDescription>Approve the amendment to the Company's 2024 Long Term Incentive and Equity Compensation Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>299847</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>UTAH MEDICAL PRODUCTS, INC.</issuerName>
		<cusip>917488108</cusip>
		<meetingDate>05/01/2026</meetingDate>
		<voteDescription>Approve, by an advisory note, the Company's executive compensation program</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>87215</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>ESCALADE, INCORPORATED </issuerName>
		<cusip>296056104</cusip>
		<meetingDate>05/05/2026</meetingDate>
		<voteDescription>Approve, by non-binding vote, the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>489506</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>F.N.B. CORPORATION </issuerName>
		<cusip>302520101</cusip>
		<meetingDate>05/06/2026</meetingDate>
		<voteDescription>Approval of the 2025 named executive officer compensation (an advisory non-binding "say on pay" resolution</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>63989</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>THE EASTERN COMPANY</issuerName>
		<cusip>276317104</cusip>
		<meetingDate>05/06/2026</meetingDate>
		<voteDescription>Approve, on an advisory basis, the compensation of the named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>466552</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>HORIZON BANCORP INC</issuerName>
		<cusip>440407104</cusip>
		<meetingDate>05/07/2026</meetingDate>
		<voteDescription>Advisory vote to approve executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>35053</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>TREDEGAR CORPORATION </issuerName>
		<cusip>894650100</cusip>
		<meetingDate>05/08/2026</meetingDate>
		<voteDescription>Non-binding advisory vote to approve named executive officer compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>1372476</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>INFUSYSTEM HOLDINGS, INC. </issuerName>
		<cusip>45685K102</cusip>
		<meetingDate>05/11/2026</meetingDate>
		<voteDescription>Approval, on an advisory basis, of the Company's executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>1136052</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>INFUSYSTEM HOLDINGS, INC. </issuerName>
		<cusip>45685K102</cusip>
		<meetingDate>05/11/2026</meetingDate>
		<voteDescription>Approval of an amendment increasing the number of shares reserved under the InfuSystem Holdings Inc. 2021 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>1136052</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>LGL GROUP, INC</issuerName>
		<cusip>50186A108</cusip>
		<meetingDate>05/12/2026</meetingDate>
		<voteDescription>Approve a non-binding advisory resolution regarding the compensation of our Named Executive Officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>12960</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>LGL GROUP, INC</issuerName>
		<cusip>50186A108</cusip>
		<meetingDate>05/12/2026</meetingDate>
		<voteDescription>To vote, on an advisory basis, on the frequency with which the Company's stockholders shall be entitled to vote on a non-binding advisory resolution to approve the compensation of the Company's Name Executive Officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>12960</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>LGL GROUP, INC</issuerName>
		<cusip>50186A108</cusip>
		<meetingDate>05/12/2026</meetingDate>
		<voteDescription>Approve the Amended and Restated The LGL Group, Inc. 2021 Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>12960</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>MID PENN BANCORP, INC. </issuerName>
		<cusip>59540G107</cusip>
		<meetingDate>05/12/2026</meetingDate>
		<voteDescription>An advisory vote to approve the compensation of the Corporation's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>52890</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CRAWFORD &amp; COMPANY </issuerName>
		<cusip>224633107</cusip>
		<meetingDate>05/14/2026</meetingDate>
		<voteDescription>Proposal to approve an amendment to the Crawford &amp; Company 2016 Omnibus Stock and Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>269546</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DORMAN PRODUCTS, INC. </issuerName>
		<cusip>258278100</cusip>
		<meetingDate>05/15/2026</meetingDate>
		<voteDescription>Advisory approval of the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>7510</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>DORMAN PRODUCTS, INC. </issuerName>
		<cusip>258278100</cusip>
		<meetingDate>05/15/2026</meetingDate>
		<voteDescription>Approval of the Dorman Products, Inc. 2026 Omnibus Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>7510</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>EASTERN BANKSHARES, INC.</issuerName>
		<cusip>27627N105</cusip>
		<meetingDate>05/18/2026</meetingDate>
		<voteDescription>To approve, in an advisory vote, the compensation paid to the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>53235</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CAMDEN NATIONAL CORPORATION </issuerName>
		<cusip>133034108</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Approve, by non-binding advisory vote, the compensation of the Company's named executive officers ("Say on Pay")</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>83343</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>FIRST MERCHANTS CORPORATION </issuerName>
		<cusip>320817109</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Proposal to approve, on an advisory basis, the compensation of the Corporation's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>23662</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NI HOLDINGS INC </issuerName>
		<cusip>65342T106</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Advisory vote to approve the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>125400</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>PRINCIPAL FINANCIAL GROUP, INC.</issuerName>
		<cusip>74251V102</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Advisory approval of the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>108</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>PRINCIPAL FINANCIAL GROUP, INC.</issuerName>
		<cusip>74251V102</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Approval of the Principal Financial Group, Inc. 2026 Stock Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>108</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SENECA BANCORP, INC. </issuerName>
		<cusip>816945109</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Approval of non-binding advisory resolution regarding the compensation of the Company's named executive officers ("NEO")</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>105352</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SENECA BANCORP, INC. </issuerName>
		<cusip>816945109</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>Approval of a non-binding advisory vote as to whether advisory votes on NEO compensation should be held every year, every two years, or every three years</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>105352</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NBT BANCORP INC.</issuerName>
		<cusip>628778102</cusip>
		<meetingDate>05/19/2026</meetingDate>
		<voteDescription>To approve, on a non-binding, advisory basis the compensation of the Company's named executive officers ("Say-on-Pay")</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>763</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>COMMUNITY FINANCIAL SYSTEM, INC. </issuerName>
		<cusip>203607106</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Advisory vote on executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>6618</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>LAKE SHORE BANCORP, INC </issuerName>
		<cusip>510704109</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Approve, on an advisory basis, a non-binding resolution regarding the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>40379</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>LAKE SHORE BANCORP, INC </issuerName>
		<cusip>510704109</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Choose the frequency of the advisory vote on the non-binding resolution to approve compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>40379</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NORTHWEST BANCSHARES, INC.</issuerName>
		<cusip>667340103</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Advisory, non-binding resolution to approve the executive compensation described in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>38000</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NORTHWEST BANCSHARES, INC.</issuerName>
		<cusip>667340103</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Approval of the Northwest Bancshares, Inc. 2026 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>38000</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>NORTHWEST BANCSHARES, INC.</issuerName>
		<cusip>667340103</cusip>
		<meetingDate>05/20/2026</meetingDate>
		<voteDescription>Approval of the Northwest Bancshares, Inc. Discounted Stock Purchase Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>58000</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>L.B. FOSTER COMPANY</issuerName>
		<cusip>350060109</cusip>
		<meetingDate>05/21/2026</meetingDate>
		<voteDescription>Advisory approval of the compensation paid to the Company's named executive officers for 2025</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>80413</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>RICHMOND MUTUTAL BANCORPOARTION, INC</issuerName>
		<cusip>76525P100</cusip>
		<meetingDate>05/27/2026</meetingDate>
		<voteDescription>To approve, on an non-binding advisory basis, the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>30224</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>ASTRONICS CORPORATION CL B</issuerName>
		<cusip>046433207</cusip>
		<meetingDate>05/28/2026</meetingDate>
		<voteDescription>Approve the advisory resolution indicating the approval of the Compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>105578</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>ASTRONICS CORPORATION CL A</issuerName>
		<cusip>046433108</cusip>
		<meetingDate>05/28/2026</meetingDate>
		<voteDescription>Approve the advisory resolution indicating the approval of the Compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>58105</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CLARUS CORPORATION </issuerName>
		<cusip>18270P109</cusip>
		<meetingDate>05/28/2026</meetingDate>
		<voteDescription>Approve an advisory resolution on executive compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>32410</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>MARATHON BANCORP, INC</issuerName>
		<cusip>565759206</cusip>
		<meetingDate>05/28/2026</meetingDate>
		<voteDescription>Approval of the Marathon Bancorpo, Inc. 2026 Equity Incentive Plan</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>58976</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>SAGA COMMUNICATIONS, INC. </issuerName>
		<cusip>786598300</cusip>
		<meetingDate>06/01/2026</meetingDate>
		<voteDescription>Approve, by a non-binding advisory vote, a resolution approving the compensation of our named executive officers as described in the proxy statement</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>12351</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>ASCENT INDUSTRIES CO.</issuerName>
		<cusip>871565107</cusip>
		<meetingDate>06/10/2026</meetingDate>
		<voteDescription>Advisory vote on the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>11384</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>THRYV HOLDINGS, INC. </issuerName>
		<cusip>886029206</cusip>
		<meetingDate>06/11/2026</meetingDate>
		<voteDescription>Advisory vote to approve the compensation of our named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>139429</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>VIRCO MFG. CORPORATION </issuerName>
		<cusip>927651109</cusip>
		<meetingDate>06/16/2026</meetingDate>
		<voteDescription>Advisory vote on named executive officer compensation ("say-on-pay")</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>1320705</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CONTANGO SILVER &amp; GOLD INC. </issuerName>
		<cusip>21077F100</cusip>
		<meetingDate>06/18/2026</meetingDate>
		<voteDescription>Conduct a non-binding advisory vote to approve the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>59647</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>CONTANGO SILVER &amp; GOLD INC. </issuerName>
		<cusip>21077F100</cusip>
		<meetingDate>06/18/2026</meetingDate>
		<voteDescription>Conduct a non-binding, advisory vote on the frequency of the advisory vote on the compensation of the Company's named executive officers</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>59647</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
	<proxyTable>
		<issuerName>WM TECHNOLOGY, INC.</issuerName>
		<cusip>92971A109</cusip>
		<meetingDate>06/24/2026</meetingDate>
		<voteDescription>To approve, on a non-binding advisory basis, the compensation of our principal executive officer and our two most highly compensated executive officers (other than our principal executive officer) who were serving as our executive officers at the end of the year ended December 31, 2025</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<sharesVoted>40000</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
	</proxyTable>
</proxyVoteTable>
