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Vanguard disaggregates holdings; reports 0% in Eagle Materials (EXP)

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Eagle Materials Inc — The Vanguard Group filed an amendment to its Schedule 13G reporting that it beneficially owns 0 shares of Eagle Materials common stock after an internal realignment. The amendment cites January 12, 2026 and SEC Release No. 34-39538 to explain that certain Vanguard subsidiaries now report separately.

The filing lists 0% ownership and zero voting and dispositive power across all categories. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.

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Insights

Vanguard disaggregated its stake and now reports no beneficial ownership.

The amendment states the internal realignment effective January 12, 2026 and relies on SEC Release No. 34-39538 to separate reporting by subsidiaries. The filing records 0% beneficial ownership and zero voting/dispositive power.

Implications depend on subsidiary-level filings: subsequent Schedule 13G/A or 13D reports by Vanguard entities could show holdings. Investors should watch related filings for any redistributed positions.

Amendment aligns reporting with SEC guidance on disaggregation.

The statement references SEC Release No. 34-39538 and explains that certain subsidiaries now report separately from The Vanguard Group, Inc. The form explicitly lists the relevant powers as zero and affirms no single other person holds >5%.

From a compliance view, this is an administrative update; review future filings from Vanguard subsidiaries for the actual holder-level positions and any voting/disposition changes.






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




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



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

FAQ

What does Vanguard's Schedule 13G/A amendment for Eagle Materials (EXP) state?

The amendment states The Vanguard Group beneficially owns 0 shares, with 0% ownership and zero voting/dispositive power. It cites an internal realignment dated January 12, 2026 under SEC Release No. 34-39538.

Why does Vanguard report zero ownership after the realignment?

Because certain Vanguard subsidiaries now report holdings separately under SEC Release No. 34-39538. The filing explains the subsidiaries pursue the same strategies but will disclose ownership on a disaggregated basis.

Does the amendment identify who now holds Vanguard's previous positions in Eagle Materials?

No. The amendment explains disaggregation but does not list subsidiary-level holdings here. Investors must check subsequent filings by Vanguard subsidiaries for specific holder-level reports.

Who signed the Schedule 13G/A amendment and when was it signed?

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

Does this filing indicate any person holds more than 5% of Eagle Materials common stock?

The filing states that no one other person's interest reported here exceeds 5%, and Vanguard indicates its reported holdings are 0% in this amendment.
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