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Vanguard disaggregates holdings after realignment (ICE)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Intercontinental Exchange Inc ownership disclosure: The Vanguard Group filed an amendment reporting 0 shares beneficially owned and 0% of the common stock. The filing notes an internal realignment effective January 12, 2026 that resulted in disaggregated reporting by certain Vanguard subsidiaries.

The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The filing states Vanguard and its managed accounts retain dividend/proceeds rights for reported securities but no single other person holds more than 5% of the class.

Positive

  • None.

Negative

  • None.

Insights

Amendment shows disaggregation after Vanguard internal realignment; beneficial ownership reported as zero.

The filing explicitly states 0 shares beneficially owned and 0% of the class. It documents a Vanguard internal realignment on January 12, 2026 leading subsidiaries or business divisions to report separately under SEC Release No. 34-39538.

Cash‑flow treatment is not detailed in the excerpt. Subsequent filings from the Vanguard subsidiaries may list any beneficial holdings they now report separately.

Technical filing aligns with SEC disaggregation guidance; no material control changes disclosed.

The amendment cites SEC Release No. 34-39538 as the basis for separate reporting by Vanguard subsidiaries. The filing affirms that Vanguard "no longer has, or is deemed to have, beneficial ownership" of securities held by those entities after realignment.

Governance implications are procedural: monitor the separate filings by named subsidiaries for their disclosed holdings and any changes to aggregate institutional ownership.






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:03/27/2026

FAQ

What does the Schedule 13G/A for ICE filed by The Vanguard Group say?

The filing reports 0 shares beneficially owned and 0% of ICE common stock by The Vanguard Group. It states an internal realignment on January 12, 2026 caused subsidiaries to report separately under SEC guidance.

Why does Vanguard report zero ownership for ICE in this amendment?

Vanguard describes an internal realignment effective January 12, 2026 that disaggregated reporting among subsidiaries. Per the filing, certain subsidiaries now report beneficial ownership separately, and Vanguard no longer is deemed to beneficially own those securities.

Who signed the amendment on behalf of Vanguard and when was it signed?

The amendment is signed by Ashley Grim, Head of Global Fund Administration. The signature date shown in the excerpt is 03/27/2026, and the top of the filing references 03/13/2026 as well.

Does the filing indicate any other person holds more than 5% of ICE shares?

The filing states that no one other person's interest in the reported securities is more than 5%. It also notes Vanguard-managed accounts retain rights to dividends or proceeds for the securities reported herein.

What SEC release does Vanguard cite for reporting separately after the realignment?

The filing cites SEC Release No. 34-39538 (January 12, 1998) as the authority allowing subsidiaries or business divisions to report beneficial ownership separately following the internal realignment.
Intercontinental Exchange Inc

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