[SCHEDULE 13G/A] Trex Company, Inc. SEC Filing
Wasatch Advisors LP reports beneficial ownership of 5,185,652 shares of Trex Co Inc common stock (CUSIP 89531P105), equal to 4.8% of the outstanding class. The filer discloses sole voting power over 3,541,341 shares and sole dispositive power over 5,185,652 shares, with no shared voting or dispositive powers reported.
Wasatch is identified as an investment adviser (IA) and certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Wasatch Advisors LP comunica la titolarit脿 beneficiaria di 5.185.652 azioni ordinarie di Trex Co Inc (CUSIP 89531P105), pari al 4,8% delle azioni in circolazione. Il dichiarante indica il potere di voto esclusivo su 3.541.341 azioni e il potere di disposizione esclusivo su 5.185.652 azioni, senza riportare poteri di voto o di disposizione condivisi.
Wasatch 猫 identificata come consulente di investimento (IA) e certifica che i titoli sono stati acquisiti e sono detenuti nell'ordinario svolgimento dell'attivit脿 e non allo scopo di modificare o influenzare il controllo dell'emittente.
Wasatch Advisors LP declara la titularidad beneficiaria de 5.185.652 acciones ordinarias de Trex Co Inc (CUSIP 89531P105), equivalentes al 4,8% de la clase en circulaci贸n. El declarante revela el poder de voto exclusivo sobre 3.541.341 acciones y el poder de disposici贸n exclusivo sobre 5.185.652 acciones, sin que se informen poderes compartidos de voto o de disposici贸n.
Wasatch se identifica como asesor de inversiones (IA) y certifica que los valores fueron adquiridos y se mantienen en el curso ordinario de sus negocios y no con el prop贸sito de cambiar o influir en el control del emisor.
Wasatch Advisors LP電� Trex Co Inc 氤错喌欤�(CUSIP 89531P105) 5,185,652欤检棎 雽�頃� 鞁れ唽鞙犼秾鞚� 氤搓碃頄堨溂氅�, 鞚措姅 氚滍枆 欤检嫕鞚� 4.8%鞐� 頃措嫻頃╇媹雼�. 鞁犼碃鞚胳潃 3,541,341欤检棎 雽�頃� 雼弲 鞚橁舶甓�瓿� 5,185,652欤检棎 雽�頃� 雼弲 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 瓿惦彊 鞚橁舶甓岇澊雮� 瓿惦彊 觳橂秳甓岇潃 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Wasatch電� 韴瀽鞛愲鞐呾瀽(IA)搿� 鞁濍硠霅╇媹雼�氅�, 頃措嫻 歃濌秾鞚� 鞓侅梾靸� 韱奠儊鞝侅澑 瓿检爼鞐愳劀 旆摑路氤挫湢霅� 瓴冹澊氅� 氚滍枆鞚胳潣 歆�氚瓣秾鞚� 氤�瓴巾晿瓯半倶 鞓來枼鞚� 氙胳範 氇╈爜鞙茧 氤挫湢霅� 瓴冹澊 鞎勲嫎鞚� 頇曥澑頃╇媹雼�.
Wasatch Advisors LP d茅clare d茅tenir 脿 titre b茅n茅ficiaire 5 185 652 actions ordinaires de Trex Co Inc (CUSIP 89531P105), soit 4,8 % des actions en circulation. Le d茅clarant indique disposer du pouvoir de vote exclusif sur 3 541 341 actions et du pouvoir exclusif de disposition sur 5 185 652 actions, sans signaler de pouvoirs de vote ou de disposition partag茅s.
Wasatch est identifi茅 comme conseiller en investissement (IA) et certifie que les titres ont 茅t茅 acquis et sont d茅tenus dans le cadre normal de son activit茅 et non dans le but de modifier ou d'influencer le contr么le de l'茅metteur.
Wasatch Advisors LP meldet wirtschaftliches Eigentum an 5.185.652 Stammaktien von Trex Co Inc (CUSIP 89531P105), was 4,8 % der ausstehenden Aktien entspricht. Der Melder gibt an, 眉ber alleiniges Stimmrechtsaus眉bungsrecht f眉r 3.541.341 Aktien und 眉ber alleiniges Verf眉gungsrecht f眉r 5.185.652 Aktien zu verf眉gen; gemeinsame Stimm- oder Verf眉gungsrechte werden nicht angegeben.
Wasatch wird als Investment Adviser (IA) bezeichnet und best盲tigt, dass die Wertpapiere im gew枚hnlichen Gesch盲ftsablauf erworben und gehalten wurden und nicht zum Zwecke der 脛nderung oder Beeinflussung der Kontrolle 眉ber den Emittenten dienen.
- Transparent disclosure of beneficial ownership: 5,185,652 shares (4.8%) reported for Trex common stock.
- Clear voting/dispositive breakdown: sole voting power on 3,541,341 shares and sole dispositive power on 5,185,652 shares; no shared powers reported.
- None.
Insights
TL;DR: Wasatch holds a non-controlling 4.8% stake in TREX with sole dispositive power; filing indicates passive intent.
The Schedule 13G/A discloses a meaningful minority stake but below the 5% threshold that typically triggers broader activist scrutiny. Reporting sole dispositive power over all 5,185,652 shares means Wasatch controls sales of the position, while retained sole voting power on 3,541,341 shares shows partial voting concentration. The certification that shares are held in the ordinary course and not to influence control is consistent with a passive, portfolio-positioning disclosure rather than an intention to effect corporate control.
TL;DR: Filing shows passive ownership and limited governance influence given sub-5% stake and no shared control.
From a governance perspective, the absence of shared voting or dispositive powers and the explicit certification against holding the securities to influence control limit immediate governance implications. The sole voting power reported on a subset of the position could matter for specific shareholder votes where turnout and vote margins are tight, but the overall 4.8% stake is below common thresholds for material control influence. This is a routine disclosure from an investment adviser complying with reporting rules.
Wasatch Advisors LP comunica la titolarit脿 beneficiaria di 5.185.652 azioni ordinarie di Trex Co Inc (CUSIP 89531P105), pari al 4,8% delle azioni in circolazione. Il dichiarante indica il potere di voto esclusivo su 3.541.341 azioni e il potere di disposizione esclusivo su 5.185.652 azioni, senza riportare poteri di voto o di disposizione condivisi.
Wasatch 猫 identificata come consulente di investimento (IA) e certifica che i titoli sono stati acquisiti e sono detenuti nell'ordinario svolgimento dell'attivit脿 e non allo scopo di modificare o influenzare il controllo dell'emittente.
Wasatch Advisors LP declara la titularidad beneficiaria de 5.185.652 acciones ordinarias de Trex Co Inc (CUSIP 89531P105), equivalentes al 4,8% de la clase en circulaci贸n. El declarante revela el poder de voto exclusivo sobre 3.541.341 acciones y el poder de disposici贸n exclusivo sobre 5.185.652 acciones, sin que se informen poderes compartidos de voto o de disposici贸n.
Wasatch se identifica como asesor de inversiones (IA) y certifica que los valores fueron adquiridos y se mantienen en el curso ordinario de sus negocios y no con el prop贸sito de cambiar o influir en el control del emisor.
Wasatch Advisors LP電� Trex Co Inc 氤错喌欤�(CUSIP 89531P105) 5,185,652欤检棎 雽�頃� 鞁れ唽鞙犼秾鞚� 氤搓碃頄堨溂氅�, 鞚措姅 氚滍枆 欤检嫕鞚� 4.8%鞐� 頃措嫻頃╇媹雼�. 鞁犼碃鞚胳潃 3,541,341欤检棎 雽�頃� 雼弲 鞚橁舶甓�瓿� 5,185,652欤检棎 雽�頃� 雼弲 觳橂秳甓�鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 瓿惦彊 鞚橁舶甓岇澊雮� 瓿惦彊 觳橂秳甓岇潃 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Wasatch電� 韴瀽鞛愲鞐呾瀽(IA)搿� 鞁濍硠霅╇媹雼�氅�, 頃措嫻 歃濌秾鞚� 鞓侅梾靸� 韱奠儊鞝侅澑 瓿检爼鞐愳劀 旆摑路氤挫湢霅� 瓴冹澊氅� 氚滍枆鞚胳潣 歆�氚瓣秾鞚� 氤�瓴巾晿瓯半倶 鞓來枼鞚� 氙胳範 氇╈爜鞙茧 氤挫湢霅� 瓴冹澊 鞎勲嫎鞚� 頇曥澑頃╇媹雼�.
Wasatch Advisors LP d茅clare d茅tenir 脿 titre b茅n茅ficiaire 5 185 652 actions ordinaires de Trex Co Inc (CUSIP 89531P105), soit 4,8 % des actions en circulation. Le d茅clarant indique disposer du pouvoir de vote exclusif sur 3 541 341 actions et du pouvoir exclusif de disposition sur 5 185 652 actions, sans signaler de pouvoirs de vote ou de disposition partag茅s.
Wasatch est identifi茅 comme conseiller en investissement (IA) et certifie que les titres ont 茅t茅 acquis et sont d茅tenus dans le cadre normal de son activit茅 et non dans le but de modifier ou d'influencer le contr么le de l'茅metteur.
Wasatch Advisors LP meldet wirtschaftliches Eigentum an 5.185.652 Stammaktien von Trex Co Inc (CUSIP 89531P105), was 4,8 % der ausstehenden Aktien entspricht. Der Melder gibt an, 眉ber alleiniges Stimmrechtsaus眉bungsrecht f眉r 3.541.341 Aktien und 眉ber alleiniges Verf眉gungsrecht f眉r 5.185.652 Aktien zu verf眉gen; gemeinsame Stimm- oder Verf眉gungsrechte werden nicht angegeben.
Wasatch wird als Investment Adviser (IA) bezeichnet und best盲tigt, dass die Wertpapiere im gew枚hnlichen Gesch盲ftsablauf erworben und gehalten wurden und nicht zum Zwecke der 脛nderung oder Beeinflussung der Kontrolle 眉ber den Emittenten dienen.
FAQ
How many TREX shares does Wasatch Advisors LP own?
What voting and dispositive powers does Wasatch report for TREX?
Does the filing indicate Wasatch intends to influence control of Trex (TREX)?
What type of filer is Wasatch Advisors LP in this Schedule 13G/A for TREX?
Is Wasatch filing as part of a group or reporting shared ownership for TREX?
