Champlain Investment Files Schedule 13G Disclosing 5.3% FRPT Position

Rhea-AI Filing Summary

Champlain Investment Partners, LLC reported beneficial ownership of 2,568,954 shares of Freshpet common stock, representing 5.3% of the class. The reporting firm discloses sole voting power over 2,093,319 shares and sole dispositive power over all 2,568,954 shares. The filing is submitted on a Schedule 13G and classifies the reporting person as an investment adviser (IA). The statement includes a certification that the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer, which frames the stake as passive for disclosure purposes.

Insights

Financial Analyst

TL;DR Champlain holds a disclosed 5.3% passive stake in Freshpet, with sole voting and dispositive power on most shares.

The filing shows Champlain crosses the regulatory 5% threshold, signaling a material equity position of 2.57 million shares. As a Schedule 13G with Item 10 certifications, the firm asserts a non-control, ordinary-course holding. For investors this is notable because a 5%+ stake must be disclosed publicly, but the filing does not indicate activist intent or additional transactions. Monitor future filings for any change to a Schedule 13D or shifts in voting/dispositive power.

Corporate Governance Expert

TL;DR A material passive stake is reported; governance implications appear limited absent any stated intent to influence control.

The report documents sole voting power on 2,093,319 shares and sole dispositive power on 2,568,954 shares, which gives Champlain formal authority over proxy votes on those holdings. However, the certification that the position was not acquired to change control reduces immediate governance risk of activism. This filing is informational for board and investor relations teams but does not, by itself, require defensive governance measures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Freshpet, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

358039105

(CUSIP Number)

06/30/2025

(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. 358039105

1

Names of Reporting Persons

Champlain Investment Partners, 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

VERMONT

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,093,319.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,568,954.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,568,954.00

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)

5.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Freshpet, Inc.
(b)	Address of issuer's principal executive offices: 1450 US-206, BEDMINSTER, NEW JERSEY, 07921
Item 2.
(a)	Name of person filing: Champlain Investment Partners, LLC
(b)	Address or principal business office or, if none, residence: 180 Battery St., Burlington, Vermont 05401
(c)	Citizenship: Vermont
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 358039105
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: 2,568,954.00
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,093,319.00
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,568,954.00
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
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. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.

Champlain Investment Partners, LLC

Signature:	Matthew Garcia
Name/Title:	Chief Compliance Officer
Date:	08/12/2025