[SCHEDULE 13G/A] Repligen Corp SEC Filing
T. Rowe Price Associates, Inc. filed an Amendment No. 6 to Schedule 13G reporting ownership of 3,429,547 shares of Repligen Corp common stock, representing 6.1% of the class. The filing shows T. Rowe Price has sole voting power over 3,170,704 shares and sole dispositive power over 3,429,435 shares. No shared voting or dispositive power is reported.
The filer certifies the shares are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing lists Maryland as the filer’s place of organization and provides issuer and filer addresses.
- Disclosed substantial stake: Reporting ownership of 3,429,547 shares (6.1%), a material, clearly quantified position.
- Sole authority reported: 3,170,704 shares with sole voting power and 3,429,435 shares with sole dispositive power, indicating clear control of voting and disposition by the filer.
- Filing classification: Submitted as a Schedule 13G/A with a certification that shares are held in the ordinary course of business, consistent with passive ownership disclosure.
- None.
Insights
TL;DR: T. Rowe Price holds a disclosed >5% passive position in RGEN with full sole voting and dispositive authority reported.
This Schedule 13G/A demonstrates that a major institutional investment adviser holds a meaningful stake (6.1%) in Repligen. The split between voting power (3,170,704) and dispositive power (3,429,435) is consistent with standard portfolio ownership where voting and disposition are exercised by the adviser. The certification that holdings are in the ordinary course of business indicates a passive intent under Rule 13d-1(b), reducing the implication of an activist intent to change control.
TL;DR: Institutional ownership above 5% is material for disclosure and governance monitoring but does not itself imply control changes.
From a governance perspective, a 6.1% stakeholder is relevant for board and shareholder engagement dynamics. The filing reports no shared powers and explicitly disclaims any intent to influence control, which aligns with Schedule 13G filing treatment rather than Schedule 13D. This filing should prompt issuer monitoring of institutional investor interactions but contains no affirmative governance action.