Vanguard disaggregates holdings; BKU ownership moved to subsidiaries (BKU)

Rhea-AI Filing Summary

The Vanguard Group amended a Schedule 13G/A to report 0 shares (representing 0%) of BankUnited Inc Common Stock following an internal realignment.

Per the filing, certain Vanguard subsidiaries and business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538 (January 12, 1998), and The Vanguard Group, Inc. no longer is deemed to have beneficial ownership over securities held by those entities. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/26/2026.

Insights

Governance Specialist

Large custodian disaggregated holdings; reporting moved to subsidiaries.

The filing states 0 shares and 0% beneficial ownership of BankUnited Inc Common Stock by The Vanguard Group after an internal reorganization. The change is made "in accordance with SEC Release No. 34-39538 (January 12, 1998)," which permits disaggregated reporting by related subsidiaries.

Impact depends on subsidiary-level disclosures: subsequent Schedule 13G/A or 13D/F filings by those subsidiaries will show where beneficial ownership now resides. Cash‑flow treatment and trading intent are not included in the provided excerpt.

Institutional Ownership Analyst

Administrative reporting shift, not an economic sale of shares by Vanguard parent.

The document attributes the change to internal realignment and separate reporting by subsidiaries; it lists Vanguard's beneficial ownership as 0 shares and 0%. This describes a reporting allocation rather than a disclosed purchase or sale.

Investors seeking current holder-level positions should consult follow-up filings from Vanguard subsidiaries or other institutional filers for detailed share counts and ownership percentages.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/26/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What does the Schedule 13G/A for BKU disclose?

It discloses that The Vanguard Group reports 0 shares (0%) of BankUnited Inc Common Stock after an internal realignment, with subsidiaries to report separately under SEC Release No. 34-39538.

Does the filing mean Vanguard sold its BankUnited (BKU) shares?

No. The filing attributes the change to an internal realignment and separate reporting by subsidiaries; it characterizes this as a reporting allocation, not an explicit sale of shares by the parent entity.

Who signed the Schedule 13G/A amendment for BKU?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with the signing date shown as 03/26/2026 in the filing excerpt.

Where can I find the actual holdings now reported by Vanguard entities for BKU?

Holdings moved to Vanguard subsidiaries or business divisions; check subsequent Schedule 13G/A, 13D/G, or Form 13F filings by Vanguard-affiliated entities for the subsidiary-level positions and percentages.

What legal basis does Vanguard cite for disaggregating its holdings?

The filing cites SEC Release No. 34-39538 (January 12, 1998), which permits separate reporting by subsidiaries or business divisions that formerly reported under The Vanguard Group, Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 13)

BankUnited Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

03/13/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP No.

1

Names of Reporting Persons

The Vanguard Group

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

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BankUnited Inc
(b)	Address of issuer's principal executive offices: 14817 Oak Lane, Miami Lakes, FL, 33016
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(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.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
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.

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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/26/2026