Schedule 13G/A: Disciplined Growth Discloses 1.24M GEOS Shares
Rhea-AI Filing Summary
Disciplined Growth Investors, Inc. filed an amended Schedule 13G reporting ownership of 1,244,769 shares of Geospace Technologies Corp common stock, representing 9.7% of the class. The filer states it has sole voting and sole dispositive power over all reported shares. The filing includes a certification that the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing lists issuer and filer addresses and is signed by the filer's Chief Operating & Compliance Officer.
Positive
- Transparency: The filing clearly discloses a 9.7% beneficial stake and the filer's sole voting and dispositive power.
- Regulatory compliance: Amended Schedule 13G/A and signed certification demonstrate adherence to disclosure requirements.
Negative
- None.
Insights
TL;DR: A registered investment adviser reports a near-10% stake with full voting and dispositive control—material but not a change-of-control filing.
The Schedule 13G/A shows Disciplined Growth Investors, Inc. beneficially owns 1,244,769 shares (9.7%). The holder reports sole voting and dispositive power for all shares and certifies the position is held in the ordinary course of business, not to influence control. For investors, this disclosure identifies a sizable, passive institutional holder; it does not signal an activist intent based on the filer’s certification.
TL;DR: Ownership disclosure is material for governance visibility but contains no indication of coordinated control actions.
The filing is a routine Schedule 13G/A amendment reflecting beneficial ownership above 5%, triggering public disclosure obligations. The explicit sole voting and dispositive power clarifies who exercises rights attached to the shares. The certification language limits interpretation of intent, indicating the filer does not assert an attempt to affect issuer control. This enhances transparency for board and shareholder oversight.