Vanguard reports 0% stake in International Seaways (NYSE: INSW)
Rhea-AI Filing Summary
International Seaways Inc ownership disclosure: The Vanguard Group amended its Schedule 13G/A to report beneficial ownership of 0 shares of Common Stock, representing 0%. The filing notes an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries and divisions to report holdings separately under SEC Release No. 34-39538.
The filing is signed by Ashley Grim, Head of Global Fund Administration, on March 27, 2026. It states Vanguard entities have the right to receive dividends or proceeds for accounts reported, and no single other person holds more than 5% of the class.
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Insights
Vanguard disaggregated holdings; reported zero direct beneficial ownership here.
The amendment documents an internal realignment effective January 12, 2026, citing SEC Release No. 34-39538, and states that certain subsidiaries now report separately. The Schedule 13G/A therefore shows 0% beneficial ownership in the issuer's common stock as filed.
Practical implication: subsequent filings from Vanguard affiliates may show holdings; review future ownership disclosures from related Vanguard entities for any material positions.
Filing follows SEC disaggregation guidance and clarifies reporting responsibility.
The amendment explicitly references SEC Release No. 34-39538 and describes the reallocation of reporting among Vanguard subsidiaries and divisions, consistent with the release's disaggregation framework. The signed certification is dated March 27, 2026.
Investors should check filings by Vanguard-affiliated entities for any reported holdings, since this amendment indicates the reporting locus shifted rather than an economic divestiture.
FAQ
What did Vanguard report for INSW in this Schedule 13G/A?
Why does Vanguard say it reports zero ownership after the realignment?
Who signed the amendment and when was it filed?
Does the filing say anyone else owns more than 5% of INSW?
Does this amendment indicate Vanguard sold INSW shares?