diff --git a/specs/port/trios-railway/crates/trios-igla-race/src/ema.t27 b/specs/port/trios-railway/crates/trios-igla-race/src/ema.t27
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+// trios-igla-race EMA tracker — the exponential moving average.
+// Port of gHashTag/trios-railway:crates/trios-igla-race/src/ema.rs
+// (at 385c2143ef46, 18 lines) — Roadmap Stage 6, goal #4548, target t27c
+// gen-rust.
+//
+// The original tracks an exponential moving average: `new` builds the
+// tracker with its alpha and no value; `update` seeds the average with
+// the first sample it sees, and blends every following sample as
+// v * (1 - alpha) + x * alpha. The Rust `Option<f64>` value becomes the
+// presence flag on the port's state, and the &mut self threading becomes
+// the state chain: update takes the state and answers the next state,
+// keeping both listed functions pure and tested. No transport exists in
+// this port (issue #9683, "Port the decision, not the plumbing").
+
+module port::trios_igla_race_ema;
+
+// Original lines 1-4: `pub struct EmaTracker { alpha, value: Option<f64> }`.
+pub struct EmaState {
+    alpha: f64,
+    has_value: bool,
+    value: f64,
+}
+
+// Original lines 6-9: `pub fn new(alpha) -> Self` — the tracker starts
+// unseeded: no sample seen yet, the first update will seed it.
+pub fn EmaTracker_new(alpha: f64) -> EmaState {
+    return EmaState { alpha: alpha, has_value: false, value: 0.0 };
+}
+
+// Original line 13: `v * (1.0 - alpha) + x * alpha` — the EMA blend.
+pub fn ema_blend(v: f64, x: f64, alpha: f64) -> f64 {
+    return v * (1.0 - alpha) + x * alpha;
+}
+
+// Original lines 11-17: `pub fn update(&mut self, x) -> f64` — the two
+// decisions: an unseeded tracker takes the sample as its value (line 14,
+// the seed), and a seeded one blends the sample into the average (line
+// 13). The state chain carries both.
+pub fn EmaTracker_update(state: EmaState, x: f64) -> EmaState {
+    if (!state.has_value) {
+        return EmaState { alpha: state.alpha, has_value: true, value: x };
+    }
+    return EmaState {
+        alpha: state.alpha,
+        has_value: true,
+        value: ema_blend(state.value, x, state.alpha),
+    };
+}
+
+// ---------------------------------------------------------------------------
+// Tests: the seed decision, the blend formula, and the tracker's
+// behaviour at the alpha extremes.
+// ---------------------------------------------------------------------------
+
+test new_starts_unseeded {
+    const s = EmaTracker_new(0.1);
+    assert(!s.has_value);
+    assert(s.alpha == 0.1);
+}
+
+test first_update_seeds_with_the_sample {
+    const s = EmaTracker_update(EmaTracker_new(0.1), 5.0);
+    assert(s.has_value);
+    assert(s.value == 5.0);
+}
+
+test blend_formula {
+    assert(ema_blend(10.0, 20.0, 0.25) == 12.5);
+    assert(ema_blend(10.0, 20.0, 0.0) == 10.0);
+    assert(ema_blend(10.0, 20.0, 1.0) == 20.0);
+}
+
+test update_blends_after_the_seed {
+    const seeded = EmaTracker_update(EmaTracker_new(0.5), 2.0);
+    const blended = EmaTracker_update(seeded, 4.0);
+    assert(blended.has_value);
+    assert(blended.value == 3.0);
+}
+
+test zero_alpha_freezes_the_average {
+    const seeded = EmaTracker_update(EmaTracker_new(0.0), 7.0);
+    const frozen = EmaTracker_update(seeded, 100.0);
+    assert(frozen.value == 7.0);
+}
+
+test one_alpha_tracks_the_sample {
+    const seeded = EmaTracker_update(EmaTracker_new(1.0), 7.0);
+    const tracked = EmaTracker_update(seeded, 100.0);
+    assert(tracked.value == 100.0);
+}