Vanguard disaggregation: International Seaways (INSW) ownership reported as 0 shares
Rhea-AI Filing Summary
International Seaways Inc: Amendment to a Schedule 13G filed by The Vanguard Group reports 0 shares beneficially owned and 0% of the common stock. The filing explains an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries report ownership on a disaggregated basis in reliance on SEC Release No. 34-39538. The filing is signed by Ashley Grim, Head of Global Fund Administration, dated March 27, 2026.
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Insights
Vanguard disaggregated holdings; reported zero ownership in INSW.
The filing states 0 shares (0%) beneficially owned as of the amendment and attributes the change to an internal realignment on January 12, 2026. The statement cites SEC Release No. 34-39538 as the basis for separate reporting by subsidiaries.
Practical implication: this is an administrative reporting change reflecting organizational reporting lines. Subsequent filings by Vanguard entities may show holdings under different names.
Filing is a compliant disclosure of disaggregation under the SEC release.
The amendment explains that certain subsidiaries now report separately and that Vanguard "no longer has, or is deemed to have, beneficial ownership" over those subsidiary-held securities per the cited release. The Vanguard Group affirms no single other person holds >5% of the reported securities.
Compliance note: the signature dated March 27, 2026 finalizes the amendment; investors should expect related 13G/13D entries from the listed Vanguard affiliates if holdings exist.
FAQ
What does the Schedule 13G/A filed by Vanguard say about INSW ownership?
Why did The Vanguard Group report zero ownership in this amendment?
Who signed the Schedule 13G/A amendment for Vanguard on INSW?
Does the filing indicate any other person holds more than 5% of INSW shares?
Will Vanguard or its affiliates report INSW holdings elsewhere after this amendment?