SCHEDULE: Royce & Associates Discloses 4.84% Passive Stake in Vera Bradley

Royce & Associates LP has filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.84% of Vera Bradley, Inc.'s common stock.

Summary

• Royce & Associates LP, an investment adviser based in New York, has filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in Vera Bradley, Inc.
• As of June 30, 2025, Royce & Associates LP beneficially owns 1,350,624 shares of Vera Bradley, Inc. Common Stock.
• This ownership represents 4.84% of the total class of securities.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 1,350,624 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing the control of Vera Bradley, Inc.
• Royce & Associates LP is an indirect majority-owned subsidiary of Franklin Resources, Inc. (FRI) and exercises its investment and voting powers independently from FRI affiliates.
• Royce & Associates LP disclaims any pecuniary interest in the reported securities and states it is not a 'group' with FRI affiliates or Principal Shareholders.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of a passive ownership stake, providing neutral information without positive or negative operational or financial news.

Risks

• Royce & Associates LP disclaims beneficial ownership, as defined in Rule 13d-3, of any of the reported securities.
• Royce & Associates LP believes it is not a 'group' with Franklin Resources, Inc. affiliates or their Principal Shareholders (Charles B. Johnson and Rupert H. Johnson, Jr.) within the meaning of Rule 13d-5, and that beneficial ownership is not attributed among them.

Future Outlook

NA

Management Comments

• "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." Daniel A. O'Byrne, Vice President, Royce & Associates LP

Industry Context

This filing is a standard disclosure of a significant passive ownership stake by an investment adviser in a publicly traded company. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders of Vera Bradley, Inc. are informed of a significant passive ownership stake held by Royce & Associates LP, which could be viewed as a vote of confidence in the company by a notable investment firm.

Key Dates

Keywords

Vera Bradley, Royce & Associates, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, Passive Investment, VRA