Invesco Ltd. boosts Kodiak Gas stake to 8.8% (KGS) ownership

Rhea-AI Filing Summary

Invesco Ltd. filed an amended Schedule 13G reporting beneficial ownership of 7,593,274 shares of Kodiak Gas Services Inc. common stock, representing 8.8% of the class as of the event date. Invesco reports sole voting power over 7,350,149 shares and sole dispositive power over 7,593,274 shares.

The filing states these securities are held of record by clients of Invesco’s investment advisers, with no individual client having more than 5% economic ownership. Invesco certifies the shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Kodiak Gas Services.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Kodiak Gas Services Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

50012A108

(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. 50012A108

1

Names of Reporting Persons

Invesco Ltd.

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

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 7,350,149.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,593,274.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,593,274.00

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)

8.8 %

12

Type of Reporting Person (See Instructions)

HC, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Kodiak Gas Services Inc
(b)	Address of issuer's principal executive offices: 9950 WOODLOCH FOREST DRIVE, 19TH FLOOR, THE WOODLANDS, TX 77380
Item 2.
(a)	Name of person filing: Invesco Ltd. ("Invesco Ltd.")
(b)	Address or principal business office or, if none, residence: 1331 Spring Street NW, Suite 2500, Atlanta, GA 30309
(c)	Citizenship: Bermuda
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 50012A108
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: Invesco Ltd., in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 7,593,274 shares of the Issuer which are held of record by clients of Invesco Ltd.
(b)	Percent of class: 8.8 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7,350,149
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 7,593,274
	(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.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Invesco Advisers, Inc. Invesco Capital Management LLC
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.

Invesco Ltd.

Signature:	Robert R. Leveille
Name/Title:	Global Head of Compliance
Date:	02/12/2026

FAQ

What stake does Invesco Ltd. report in Kodiak Gas Services Inc. (KGS)?

Invesco Ltd. reports beneficial ownership of 7,593,274 Kodiak Gas Services common shares, representing 8.8% of the outstanding class. These shares are held for clients of Invesco’s investment advisers, giving Invesco a significant institutional holder position without direct 5% economic ownership by any single client.

How much voting and dispositive power does Invesco have over KGS shares?

Invesco reports sole voting power over 7,350,149 shares and sole dispositive power over 7,593,274 shares of Kodiak Gas Services. This means Invesco can vote most of the reported shares and decide when and how all reported shares are sold on behalf of its clients.

Are Kodiak Gas Services (KGS) shares held by Invesco for control purposes?

No. Invesco certifies the Kodiak Gas Services shares were acquired and are held in the ordinary course of business. The filing states they were not acquired and are not held to change or influence control of the issuer, but as part of Invesco’s normal investment management activities.

Who ultimately benefits from the KGS shares reported by Invesco Ltd.?

The filing explains that the shares are held of record by clients of Invesco’s investment advisers. The shareholders of the relevant funds have the right to receive dividends and sale proceeds, and no individual has greater than 5% economic ownership of Kodiak Gas Services stock through these holdings.

Which Invesco subsidiaries are associated with the Kodiak Gas Services (KGS) holdings?

The Schedule 13G identifies Invesco Advisers, Inc. and Invesco Capital Management LLC as subsidiaries related to the reported holdings. Invesco Ltd. files as a parent holding company, with these subsidiaries acting as investment advisers that manage the Kodiak Gas Services shares for their clients.

What type of reporting person is Invesco Ltd. in this Kodiak Gas Services filing?

Invesco Ltd. classifies itself as an HC (parent holding company or control person) in the ownership table. This reflects its role overseeing investment adviser subsidiaries that actually hold Kodiak Gas Services shares for underlying fund shareholders and other clients, rather than owning the shares directly for its own account.