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Vanguard amends 13G, reports 0 shares of First Internet Bancorp (INBK)

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

Rhea-AI Filing Summary

First Internet Bancorp amendment: The Vanguard Group files an amended Schedule 13G disclosing 0 shares of Common Stock beneficially owned, representing 0% of the class. The amendment explains an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries/divisions to report beneficial ownership separately.

Positive

  • None.

Negative

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Insights

Vanguard reports zero beneficial ownership after internal disaggregation.

The filing shows 0 shares and 0% beneficial ownership of First Internet Bancorp common stock by The Vanguard Group as reported in this amendment. It attributes the change to an internal realignment dated January 12, 2026, with subsidiaries reporting separately in reliance on SEC Release No. 34-39538.

Because the filing reflects ownership reporting structure rather than a transaction, cash‑flow treatment and trading activity are not stated. Subsequent filings from Vanguard or the disaggregated entities may show separate ownership amounts.

Amendment is procedural, documenting disaggregation under SEC guidance.

The statement cites SEC Release No. 34-39538 and describes that certain subsidiaries/divisions will report beneficial ownership separately from The Vanguard Group, Inc. This is a compliance-driven reallocation of reporting responsibility, not an admission of trading or change in economic interest.

Reviewers should note the explicit internal realignment date January 12, 2026 and that the filing is signed by Vanguard's Head of Global Fund Administration on March 26, 2026.






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 The Vanguard Group disclose about INBK ownership?

The Vanguard Group discloses 0 shares of First Internet Bancorp common stock and 0% beneficial ownership. The filing states Vanguard's subsidiaries now report separately after an internal realignment on January 12, 2026.

Why did Vanguard amend its Schedule 13G/A for INBK?

The amendment explains an internal realignment of Vanguard on January 12, 2026, causing certain subsidiaries/divisions to disaggregate and report beneficial ownership separately pursuant to SEC Release No. 34-39538.

Does the filing show any shares held on behalf of others for INBK?

The filing states Vanguard, including registered investment companies and managed accounts, has the right to receive dividends or proceeds for reported securities, and no other person holds over 5% of the class as indicated.

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

The amendment is signed by Ashley Grim, Head of Global Fund Administration, on March 26, 2026, certifying the amended disclosure regarding beneficial ownership and the internal realignment.

Does this filing indicate Vanguard bought or sold INBK shares?

No. The filing is an amended beneficial‑ownership disclosure showing 0 shares and attributes the reporting change to internal reorganization, not to a purchase or sale transaction.
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