Repligen (NASDAQ: RGEN) Eddleman trusts report passive stake under 5%
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Repligen Corporation’s common stock ownership has been updated by several Eddleman-related trusts in an amended Schedule 13G.
The Roy T. Eddleman Living Trust reports beneficial ownership of 2,705,689 shares of Repligen common stock, representing 4.81% of the class. The Roy T. Eddleman Charitable Remainder Trust #1 reports beneficial ownership of 29,604 shares, representing 0.001% of the class, while Charitable Remainder Trust #2 reports no shares. Co‑trustees Geoffrey Paul, Nereyda Rubio and Anis Garci share voting and investment power over a total of 2,735,293 shares. The filing states these securities are held on a passive basis and not for the purpose of changing or influencing control of Repligen.
Positive
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Negative
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FAQ
What does the amended Schedule 13G/A report for Repligen (RGEN)?
The amended Schedule 13G/A reports updated ownership of Repligen by Eddleman-related trusts. The Living Trust holds 2,705,689 shares and Charitable Remainder Trust #1 holds 29,604 shares of common stock, with co‑trustees sharing voting and investment power over 2,735,293 shares in total.
What percentage of Repligen (RGEN) does each Eddleman trust hold?
The Roy T. Eddleman Living Trust holds 4.81% of Repligen’s common stock. The Roy T. Eddleman Charitable Remainder Trust #1 holds 29,604 shares, representing 0.001% of the class, while Charitable Remainder Trust #2 reports beneficial ownership of zero Repligen common shares in this filing.
Are the Eddleman trusts seeking to influence control of Repligen (RGEN)?
The filing explicitly certifies the shares are not held to change or influence control of Repligen. It states the securities were not acquired and are not held for control purposes, other than activities solely connected with a nomination under Rule 240.14a‑11, indicating a passive investment intent.
Why does the Schedule 13G/A note ownership of 5 percent or less for Repligen (RGEN)?
The ownership section states "Ownership of 5 percent or less of a class," indicating the reporting persons now hold 5% or less of Repligen’s common stock. The detailed cover pages show the Living Trust at 4.81% and Charitable Remainder Trust #1 at 0.001%, with no shares in Trust #2.