[SCHEDULE 13G/A] Organogenesis Holdings Inc. Amended Passive Investment Disclosure
First Light reports 2.85% Organogenesis stake
Organogenesis Holdings Inc. received an amended Schedule 13G from institutional investor First Light Asset Management, LLC and its control person, Mathew P. Arens, reporting their current ownership in the company’s common stock.
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Organogenesis Holdings Inc. received an amended Schedule 13G from institutional investor First Light Asset Management, LLC and its control person, Mathew P. Arens, reporting their current ownership in the company’s common stock.
The filing shows First Light Asset Management may be deemed to beneficially own 3,611,616 shares, representing 2.85% of Organogenesis’ common stock. Mathew P. Arens may be deemed to beneficially own 3,888,816 shares, or 3.06% of the class, including 231,000 shares he holds directly and additional shares through joint and advised accounts.
The reporting persons certify the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Organogenesis. Because each now reports ownership below 5% of the outstanding shares, the filing confirms they are no longer large (5%+) shareholders.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Schedule 13G/A filing report for Organogenesis (ORGO)?
The filing reports updated share ownership in Organogenesis common stock by First Light Asset Management and Mathew P. Arens. It shows both now hold under 5% of the outstanding shares, changing their status from large shareholders under U.S. securities rules.
How many Organogenesis (ORGO) shares does First Light Asset Management report owning?
First Light Asset Management may be deemed to beneficially own 3,611,616 Organogenesis common shares. This stake represents 2.85% of the company’s outstanding common stock, based on the figures provided in the filing’s ownership section under Item 4(a) and 4(b).
What is Mathew P. Arens’ reported ownership in Organogenesis (ORGO)?
Mathew P. Arens may be deemed to beneficially own 3,888,816 Organogenesis shares, or 3.06% of the class. This includes 231,000 shares he holds directly with sole control plus additional shares through joint accounts and entities he controls via First Light Asset Management.
Why did First Light and Mathew P. Arens file an amended Schedule 13G for ORGO?
They filed an amended Schedule 13G to update their beneficial ownership information under Rule 13d-1(b). The amendment reflects that each now holds less than 5% of Organogenesis’ common stock, requiring updated disclosure of their positions and voting and dispositive powers.
Do First Light and Mathew P. Arens seek to influence control of Organogenesis (ORGO)?
They certify the securities were acquired and are held in the ordinary course of business, not to change or influence control. The filing states the holdings are not in connection with, or as participants in, any transaction intended to affect control of Organogenesis Holdings Inc.
What voting and dispositive powers are reported over Organogenesis (ORGO) shares?
First Light reports shared voting and shared dispositive power over 3,611,616 shares, with no sole power. Mathew P. Arens reports sole voting and dispositive power over 231,000 shares and shared voting and dispositive power over 3,657,816 shares, reflecting his control of accounts advised by First Light.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Organogenesis Holdings Inc.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
68621F102
(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.
68621F102
1
Names of Reporting Persons
First Light 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,611,616.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,611,616.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,611,616.00
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)
2.85 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
68621F102
1
Names of Reporting Persons
Mathew P. Arens
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
231,000.00
6
Shared Voting Power
3,657,816.00
7
Sole Dispositive Power
231,000.00
8
Shared Dispositive Power
3,657,816.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,888,816.00
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)
3.06 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Organogenesis Holdings Inc.
(b)
Address of issuer's principal executive offices:
85 DAN ROAD, CANTON MA 02021
Item 2.
(a)
Name of person filing:
This Schedule 13G is jointly filed by the following:
First Light Asset Management, LLC (the "Manager")
Mathew P. Arens ("Mr. Arens")
The Manager may be deemed to be the beneficial owner of 3,611,616 of the Issuer's shares of common stock (the "Shares"). The Manager acts as an investment adviser to certain persons holding separately managed accounts with the Manager, each of whom has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, those shares. The Manager may also be deemed to be the beneficial owner of these shares because it acts as an investment adviser to certain private funds. Mr. Arens may also be deemed to be the beneficial owner of these shares because he controls the Manager in his position as managing member and majority owner of the Manager. Mr. Arens also directly holds 231,000 Shares in an individual capacity with sole control and 46,200 Shares held in joint accounts over which he shares control. The Manager and Mr. Arens are filing this Schedule 13G/A with respect to these Shares pursuant to Rule 13d-1(b) under the Act.
The Manager and Mr. Arens may be deemed to be the beneficial owner of the total amount of Shares set forth across from its or his respective name in Item 4 below. The filing of this Schedule 13G shall not be construed as an admission that the reporting persons or any of their affiliates are the beneficial owner of any securities covered by this Schedule 13G for any other purposes other than Section 13(d) of the Securities Exchange Act of 1934.
(b)
Address or principal business office or, if none, residence:
Each of the reporting persons identified in Item 2(a) has its principal business office at:
3300 Edinborough Way, Suite 201, Edina, MN 55435
(c)
Citizenship:
First Light Asset Management, LLC - Delaware limited liability company
Mathew P. Arens - United States citizen
(d)
Title of class of securities:
Common Stock, $0.01 par value
(e)
CUSIP No.:
68621F102
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:
First Light Asset Management, LLC - 3,611,616
Mathew P. Arens - 3,888,816
(b)
Percent of class:
First Light Asset Management, LLC - 2.85%
Mathew P. Arens - 3.06%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
First Light Asset Management, LLC - 0
Mathew P. Arens - 231,000
(ii) Shared power to vote or to direct the vote:
First Light Asset Management, LLC - 3,611,616
Mathew P. Arens - 3,657,816
(iii) Sole power to dispose or to direct the disposition of:
First Light Asset Management, LLC - 0
Mathew P. Arens - 231,000
(iv) Shared power to dispose or to direct the disposition of:
First Light Asset Management, LLC - 3,611,616
Mathew P. Arens - 3,657,816
Item 5.
Ownership of 5 Percent or Less of a Class.
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.
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.
