Royce & Associates discloses 5.09% stake in Westport
Westport Fuel Systems Inc.’s common stock is the subject of a Schedule 13G filed by Royce & Associates, a New York corporation.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Westport Fuel Systems Inc.’s common stock is the subject of a Schedule 13G filed by Royce & Associates, a New York corporation. Royce reports beneficial ownership of 1,131,479 shares, representing 5.09% of the class, with sole voting and sole dispositive power over all reported shares and no shared power. The position is held for investment management clients, in the ordinary course of business, and is stated as not intended to change or influence control of Westport Fuel Systems. Royce explains that it is an indirect majority-owned subsidiary of Franklin Resources, Inc., that its voting and investment decisions are exercised independently from related affiliates under internal informational barriers, and it disclaims pecuniary interest and broader beneficial ownership beyond what is reported.
Key Figures
Key Terms
beneficial owner regulatory
Schedule 13G regulatory
sole voting power financial
dispositive power financial
pecuniary interest financial
informational barriers regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in WPRT does Royce & Associates report on this Schedule 13G?
Is Royce & Associates filing the WPRT Schedule 13G to influence control of the company?
Does Royce & Associates form a group with other Franklin affiliates regarding WPRT?
AI-generated analysis. How Rhea-AI works. Not financial advice.