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Vanguard disaggregates holdings; EXPE subsidiaries now report separately (EXPE)

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SCHEDULE 13G/A

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 14 to its Schedule 13G/A reporting zero beneficial ownership of Expedia Group Inc. common stock. The filing explains that an internal realignment on January 12, 2026 caused certain Vanguard subsidiaries and business divisions to report holdings separately, and Vanguard no longer is deemed to beneficially own those securities. The form lists 0 shares and 0% ownership and is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.

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Insights

Vanguard disaggregated holdings; reported zero beneficial ownership for Expedia Group.

The amendment states an internal realignment effective January 12, 2026 led to separate reporting by subsidiaries and business divisions in reliance on SEC Release No. 34-39538. The filing lists 0 shares and 0% ownership for Expedia Group common stock.

This is an administrative disclosure of ownership reallocation; cash‑flow treatment and any holdings now reported by specific Vanguard entities are not shown in the excerpt.

Filing aligns with SEC disaggregation guidance and clarifies reporting structure, not an economic transaction.

The text cites SEC Release No. 34-39538 and explains subsidiaries that formerly were deemed to beneficially own securities will report separately. The statement preserves the investment strategies previously pursued by Vanguard divisions.

Because the amendment records 0 beneficial shares, its investor impact is informational and procedural; further disclosures from the reporting subsidiaries would show where holdings migrated.






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 did The Vanguard Group report for EXPE in this Schedule 13G/A amendment?

The Vanguard Group reported 0 shares and 0% beneficial ownership of Expedia Group common stock. The amendment attributes this to an internal realignment effective January 12, 2026, with subsidiaries reporting holdings separately.

Why does the filing mention SEC Release No. 34-39538 in the EXPE amendment?

It cites SEC Release No. 34-39538 to justify disaggregated reporting by Vanguard subsidiaries. The release permits separate reporting when internal realignments change which subsidiaries are considered beneficial owners, as described in the amendment.

Does the amendment state Vanguard sold Expedia (EXPE) shares?

No. The amendment explains an internal realignment and separate reporting by subsidiaries; it records 0 beneficial ownership but does not state any sale or economic transfer of securities in the excerpt provided.

Who signed the Schedule 13G/A amendment for The Vanguard Group?

The amendment is signed by Ashley Grim, titled Head of Global Fund Administration, with a signature date of 03/26/2026. The signature attests to the reporting changes described in the filing.

Will other Vanguard entities report Expedia (EXPE) holdings after this amendment?

The amendment states certain subsidiaries or business divisions will report beneficial ownership separately after the realignment. The excerpt does not list those subsidiaries or their holding amounts; subsequent filings by those entities would show their reported positions.
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