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Royce & Associates (WPRT) reports 5.09% passive stake in Westport Fuel Systems

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Form Type
SCHEDULE 13G

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.

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Beneficial ownership 1,131,479 shares Westport Fuel Systems Inc. common stock reported by Royce & Associates
Percent of class 5.09% Portion of Westport Fuel Systems common stock class held by Royce & Associates
Sole voting power 1,131,479 shares Shares for which Royce & Associates has sole power to vote or direct the vote
Shared voting power 0 shares Shares for which Royce & Associates has shared power to vote
Sole dispositive power 1,131,479 shares Shares for which Royce & Associates has sole power to dispose or direct disposition
Shared dispositive power 0 shares Shares for which Royce & Associates has shared dispositive power
Filing date 07/22/2026 Date of signature by Vice President Daniel A. O’Byrne on the Schedule 13G
beneficial owner regulatory
"As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Schedule 13G regulatory
"Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately for purposes of Section 13"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
sole voting power financial
"Sole Voting Power 1,131,479.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 1,131,479.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"RALP disclaims any pecuniary interest in any of the securities reported"
informational barriers regulatory
"internal policies and procedures of RALP and FRI affiliates establish informational barriers"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake in WPRT does Royce & Associates report on this Schedule 13G?

Royce & Associates reports beneficial ownership of 1,131,479 shares of Westport Fuel Systems Inc. common stock, representing 5.09% of the outstanding class, with sole voting and dispositive power over all of those shares.

Does Royce & Associates control voting for its WPRT shares?

Yes. Royce & Associates reports sole voting power over 1,131,479 shares of Westport Fuel Systems Inc. and no shared voting power, indicating it alone directs how these shares are voted for its investment management clients.

Is Royce & Associates filing the WPRT Schedule 13G to influence control of the company?

No. Royce & Associates certifies the securities were acquired and held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Westport Fuel Systems Inc.

Does Royce & Associates form a group with other Franklin affiliates regarding WPRT?

Royce & Associates states it is not a “group” with Franklin Resources affiliates or principal shareholders under Rule 13d-5 and that beneficial ownership of WPRT securities is not attributed among these parties for Section 13 reporting purposes.

What powers over WPRT shares does Royce & Associates report as of this Schedule 13G?

Royce & Associates reports sole power to vote and dispose of 1,131,479 WPRT shares, and no shared power to vote or dispose. It reports no other parties with rights to dividends or sale proceeds exceeding five percent of the class.





960908507

(CUSIP Number)
06/30/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:07/22/2026
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.