NAPA Duckhorn Portfolio Inc

CUSIP No. 26414D106

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

The Duckhorn Portfolio, Inc.

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

26414D106

(CUSIP Number)

December 31, 2023

Date of Event Which Requires Filing of this Statement

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 26701L100

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CUSIP No. 26414D106

AMENDMENT NO. 2 TO SCHEDULE 13G

Reference is hereby made to the statement on Schedule 13G filed with the Securities and Exchange Commission by the Reporting Person with respect to the Issuer’s Common Stock on February 4, 2022 and Amendment No. 1 thereto filed on February 14, 2023 (as so amended, the “Schedule 13G”). Terms defined in the Schedule 13G are used herein as so defined.

The following item of the Schedule 13G is hereby amended and restated as follows:

(a) through (c):

The information requested in these paragraphs is incorporated herein by reference to the cover page to this Amendment No. 2 to Schedule 13G. Ownership is stated as of December 31, 2023 and percentage ownership is based on 115,367,710 shares of Common Stock outstanding as of November 29, 2023, as reported in the Issuer’s Report on Form 10-Q for the period ended October 31, 2023 filed with the Securities and Exchange Commission on December 6, 2023. The reported ownership does not include 390,457 shares of Common Stock held by TSG7 A L.P., an indirect member in Mallard Holdco, LLC.

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CUSIP No. 26701L100

SIGNATURE

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: February 14, 2024

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