Champlain discloses 2.6% Transcat (TRNS) stake in Schedule 13G

Rhea-AI Filing Summary

Champlain Investment Partners, LLC filed a Schedule 13G reporting beneficial ownership of 241,996 shares of Transcat Inc. common stock, representing 2.6% of the outstanding class as of the event date.

Champlain has sole voting power over 228,026 shares and sole dispositive power over 241,996 shares, with no shared voting or dispositive power. The firm certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Transcat.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

TRANSCAT INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

893529107

(CUSIP Number)

12/31/2025

(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)

SCHEDULE 13G

CUSIP No. 893529107

1

Names of Reporting Persons

Champlain Investment Partners, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VERMONT

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 228,026.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 241,996.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

241,996.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TRANSCAT INC
(b)	Address of issuer's principal executive offices: 35 VANTAGE POINT DRIVE, ROCHESTER, NEW YORK, 14624
Item 2.
(a)	Name of person filing: Champlain Investment Partners, LLC
(b)	Address or principal business office or, if none, residence: 180 Battery St., Burlington, Vermont 05401
(c)	Citizenship: Vermont
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 893529107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 241996
(b)	Percent of class: 2.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 228026
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 241996
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Champlain Investment Partners, LLC

Signature:	Matthew Garcia
Name/Title:	Chief Compliance Officer
Date:	02/12/2026

FAQ

What stake in Transcat Inc. (TRNS) does Champlain Investment Partners report?

Champlain Investment Partners reports beneficial ownership of 241,996 shares of Transcat Inc. common stock, representing 2.6% of the class. This indicates a minority institutional position below the 5% threshold typically associated with larger significant shareholders.

What type of SEC filing did Champlain submit for Transcat Inc. (TRNS)?

Champlain Investment Partners submitted a Schedule 13G for Transcat Inc. common stock. Schedule 13G is a short-form ownership report generally used by institutional investors holding shares without an intent to influence control of the company.

How much voting power does Champlain have over its Transcat (TRNS) shares?

Champlain has sole voting power over 228,026 shares of Transcat common stock and no shared voting power. This means Champlain alone can vote those shares, with no other party sharing voting authority according to the disclosure.

What dispositive power does Champlain report over Transcat Inc. (TRNS) shares?

Champlain reports sole dispositive power over 241,996 shares of Transcat common stock and no shared dispositive power. Dispositive power refers to the authority to sell or otherwise dispose of the shares held on behalf of its clients or accounts.

Does Champlain intend to influence control of Transcat Inc. (TRNS)?

Champlain certifies the Transcat shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing also states the holdings are not in connection with any control-related transaction.

Why does Champlain’s Transcat (TRNS) holding appear on Schedule 13G if it is under 5%?

The Schedule 13G notes ownership of 5 percent or less of the class, with a stated 2.6% stake. Institutional investors often continue filing updates as their positions move, even when they fall below the 5% threshold previously reported.