Wax Asset boosts CPS Technologies (CPSH) stake to 5.54% ownership

Rhea-AI Filing Summary

Wax Asset Management, LLC filed an amended ownership report for CPS Technologies Corp. As of 12/31/2025, it beneficially owned 996,697 shares of CPS Technologies common stock, representing 5.54% of the class, with sole voting and dispositive power over all reported shares.

The firm states the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of CPS Technologies or participating in transactions intended to affect control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

CPS TECHNOLOGIES CORP

(Name of Issuer)

Common Stock

(Title of Class of Securities)

12619F104

(CUSIP Number)

12/31/2025

(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)

SCHEDULE 13G

CUSIP No. 12619F104

1

Names of Reporting Persons

Wax Asset Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 996,697.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 996,697.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

996,697.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.54 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CPS TECHNOLOGIES CORP
(b)	Address of issuer's principal executive offices: 111 SOUTH WORCESTER STREET, NORTON, MA, 02766
Item 2.
(a)	Name of person filing: Wax Asset Management, LLC
(b)	Address or principal business office or, if none, residence: 44 Cherry Lane Madison, CT 06443
(c)	Citizenship: United States
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 12619F104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 996697
(b)	Percent of class: 5.54 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 996697
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 996697
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

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

Wax Asset Management, LLC

Signature:	Evan Wax
Name/Title:	Evan Wax President
Date:	02/10/2026

FAQ

What stake does Wax Asset Management report in CPSH?

Wax Asset Management reports beneficial ownership of 996,697 CPS Technologies common shares, equal to 5.54% of the class. The firm has sole voting and dispositive power over all reported shares as of December 31, 2025, according to the Schedule 13G/A filing.

Is Wax Asset Management’s CPSH position passive or activist?

Wax Asset Management characterizes its CPS Technologies position as passive. It certifies the shares were acquired and are held in the ordinary course of business, not to change or influence control or to participate in control-related transactions, consistent with a typical Schedule 13G filing.

How many CPSH shares can Wax Asset Management vote and dispose of?

Wax Asset Management reports sole power to vote and dispose of 996,697 CPS Technologies common shares. It lists zero shared voting or shared dispositive power, indicating all reported authority over these shares resides with the firm as of the stated measurement date.

When was Wax Asset Management’s CPSH ownership measured?

The ownership information is measured as of December 31, 2025, the event date triggering the Schedule 13G/A filing. Percent ownership of 5.54% and the 996,697-share figure both relate to CPS Technologies common stock outstanding on that date.

Who signed the CPSH Schedule 13G/A for Wax Asset Management?

The Schedule 13G/A was signed by Evan Wax, identified as President of Wax Asset Management, LLC. By signing, he certifies that the information in the statement is true, complete and correct to the best of his knowledge and belief.