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Karpus Management amends 13G — 1,389,790 shares in Westin (WSTN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Karpus Management, Inc. files Amendment No. 1 reporting beneficial ownership of 1,389,790 shares of Westin Acquisition Corp Common stock, representing 17.25% of the class. The filing states Karpus has sole voting and sole dispositive power over all 1,389,790 shares.

The statement notes the shares are held in accounts managed by Karpus and affirms informational barriers with City of London Investment Group plc, so attribution to CLIG is not required.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake reported: 1,389,790 shares (17.25%).

The filing documents that Karpus Management beneficially owns 1,389,790 shares of Common stock, equal to 17.25% of the class, and holds sole voting and dispositive power over those shares. This quantifies visible ownership concentration among institutional holders.

Timing and intent for any future transactions are not described; subsequent filings would disclose any changes in holdings or voting plans.

Amendment clarifies ownership and attribution under SEC guidance.

The amendment reiterates that Karpus is a registered investment adviser and states that effective informational barriers prevent attribution to CLIG under SEC Release No. 34-39538. The shares are reported as held directly in accounts managed by Karpus.

The filing is an ownership disclosure amendment and does not describe transfers, purchases, or sales.

Filed amendment Amendment No. 1 Schedule 13G/A filing
Shares beneficially owned 1,389,790 shares common stock reported in Item 4
Percent of class 17.25% percent of class as reported in Item 4
Voting power (sole) 1,389,790.00 sole power to vote as reported
Dispositive power (sole) 1,389,790.00 sole power to dispose as reported
CUSIP G9584S106 Westin Acquisition Corp Common
Schedule 13G/A regulatory
"Amendment No. 1 ) Westin Acquisition Corp Common"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficial ownership regulatory
"Item 4. | Ownership (a) | Amount beneficially owned: 1,389,790.00"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 1,389,790.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
informational barriers compliance
"effective informational barriers have been established between Karpus and CLIG"
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G9584S106

(CUSIP Number)
03/31/2026

(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



KARPUS MANAGEMENT, INC.
Signature:/s/ Jodi L. Hedberg
Name/Title:Jodi L. Hedberg / Chief Compliance Officer
Date:05/14/2026

FAQ

How many Westin (WSTN) shares does Karpus report owning?

Karpus reports beneficial ownership of 1,389,790 shares of Westin Common stock. The filing states this equals 17.25% of the class and that Karpus holds sole voting and dispositive power.

Does the Schedule 13G/A attribute Karpus's holdings to City of London Investment Group (CLIG)?

No. The filing states effective informational barriers exist and says attribution to CLIG is not required under SEC Release No. 34-39538. It reports the shares are owned directly by accounts managed by Karpus.

What voting and disposition powers does Karpus report for WSTN shares?

Karpus reports sole voting power and sole dispositive power for all 1,389,790 shares. The filing shows zero shared voting or dispositive power for these holdings.

Is this filing a transaction or an ownership disclosure for WSTN?

This is an ownership disclosure amendment (Schedule 13G/A) reporting current beneficial ownership. The filing does not disclose purchases, sales, or other transactions in the excerpt provided.