State Street discloses 9% Vuzix (VUZI) stake via Schedule 13G filing
Rhea-AI Filing Summary
Vuzix Corp reported a significant institutional ownership disclosure. State Street Corporation and its affiliates, including SSGA Funds Management, Inc., beneficially own 7,226,194 shares of Vuzix common stock, representing 9% of the class as of 12/31/2025.
SSGA Funds Management alone reports beneficial ownership of 6,023,602 shares, or 7.5% of the common stock. The shares are held with shared voting and dispositive power and are certified as acquired and held in the ordinary course of business, without any intent to change or influence control of Vuzix.
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FAQ
What percentage of Vuzix (VUZI) is owned by State Street Corporation?
State Street Corporation reports beneficial ownership of 9% of Vuzix common stock. This corresponds to 7,226,194 shares as of December 31, 2025, held with shared voting and shared dispositive power through its affiliated investment management entities.
What is the nature of State Street’s ownership in Vuzix (VUZI)?
State Street’s ownership in Vuzix is reported as beneficial, with 7,128,338 shares under shared voting power and 7,226,194 shares under shared dispositive power. The filing states the securities are held in the ordinary course of business, not to influence control.
On what date was State Street’s Vuzix (VUZI) ownership measured?
The beneficial ownership reported by State Street and SSGA is measured as of December 31, 2025. This date is identified as the “Date of Event Which Requires Filing,” triggering the Schedule 13G reporting obligation for their Vuzix common stock holdings.
Does State Street intend to influence control of Vuzix (VUZI) with this stake?
The filing certifies that the Vuzix securities were acquired and are held in the ordinary course of business. It explicitly states they were not acquired and are not held for the purpose of changing or influencing the control of Vuzix Corporation.
Who signed the Vuzix (VUZI) Schedule 13G on behalf of State Street?
The Schedule 13G was signed by Brian Harris, Chief Compliance Officer, and Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer. Their signatures certify that the information in the statement is true, complete, and correct to the best of their knowledge.