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Royce & Associates, LP filed an amended Schedule 13G reporting its beneficial ownership of common stock of Luna Innovations Incorporated. Royce reports beneficial ownership of 1,109,921 shares of Luna common stock, representing 3.27% of the class as of the event date of 12/31/2025. Royce has sole power to vote and sole power to dispose of all of these shares, with no shared voting or dispositive power.
The filing states that the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Luna. The shares are held in registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP, an indirect majority-owned subsidiary of Franklin Resources, Inc. Royce notes that its voting and investment powers are exercised independently from Franklin Resources and its other affiliates, and it disclaims pecuniary interest and beneficial ownership beyond what is required for reporting.