[SCHEDULE 13G/A] Triumph Group, Inc. SEC Filing
Triumph Group is reported to have 3,792,074 shares under shared voting and dispositive power held by funds managed by Glazer Capital, LLC and by Paul J. Glazer, representing 4.88% of the outstanding common stock. The holdings are disclosed as shared (no sole voting or dispositive power) and are held through Glazer-managed funds and accounts. The filing includes a certification that the securities were not acquired to change or influence control of the issuer.
- None.
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Insights
TL;DR: A sub-5% stake by an investment adviser is a required disclosure and appears neutral for Triumph's control dynamics.
Glazer Capital reports shared voting and dispositive power over 3,792,074 shares (4.88%), classifying the adviser as IA, OO. The position is below typical activist or controlling thresholds and the filing explicitly states the securities were not acquired to change control. For investors, this is a noteworthy ownership disclosure but not an immediate governance or strategic catalyst based on the reported facts.
TL;DR: Shared control of 4.88% signals investor interest but the filing affirms no intent to influence control; impact is limited.
The report shows shared — not sole — voting and dispositive authority, which typically indicates pooled fund ownership rather than direct individual control. Mr. Paul J. Glazer is disclosed as managing member of the adviser and is reported with identical shared powers. The certification that the stake was not acquired to affect control supports a routine, passive ownership profile in governance terms.