Vanguard (NASDAQ: IAC) reports 3,610,940 shares, 5.07% stake
Rhea-AI Filing Summary
Vanguard Portfolio Management reported beneficial ownership of 3,610,940 shares of IAC Inc. common stock, representing 5.07% of the class. The filing states Vanguard has sole dispositive power over 3,610,940 shares and sole voting power for 19,768 shares. The report is signed by Ashley Grim on 04/29/2026.
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Insights
Large passive position disclosed: Vanguard holds 3,610,940 IAC shares (5.07%).
Vanguard Portfolio Management reports sole dispositive power over 3,610,940 shares and sole voting power for 19,768 shares, indicating control of sales decisions while voting authority appears limited to a small subset of the holdings. The filing notes holdings include shares held for Vanguard funds and managed accounts.
Filing classifies the disclosure under Schedule 13G and is signed by the Head of Global Fund Administration on 04/29/2026. Subsequent filings may show changes in stake or voting arrangements.