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Vanguard disaggregation: International Seaways (INSW) ownership reported as 0 shares

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

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.

Positive

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Negative

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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.






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 filed by Vanguard say about INSW ownership?

Direct answer: Vanguard reports 0 shares beneficially owned and 0% of International Seaways common stock. Context: The amendment attributes the reporting change to an internal realignment effective January 12, 2026, causing subsidiaries to report separately under SEC Release No. 34-39538.

Why did The Vanguard Group report zero ownership in this amendment?

Direct answer: Because of an internal realignment, Vanguard states it no longer has beneficial ownership over securities held by certain subsidiaries. Context: The filing cites SEC Release No. 34-39538 and indicates those subsidiaries will report disaggregated holdings going forward.

Who signed the Schedule 13G/A amendment for Vanguard on INSW?

Direct answer: The form is signed by Ashley Grim, Head of Global Fund Administration, on March 27, 2026. Context: The signature block appears at the end of the amendment, certifying the filing and its explanatory comment about the realignment.

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

Direct answer: The filing states that no other person's interest in the reported securities is more than 5%. Context: The statement appears in the ownership disclosure and clarifies the Vanguard Group's managed accounts and investment companies' rights.

Will Vanguard or its affiliates report INSW holdings elsewhere after this amendment?

Direct answer: The amendment indicates certain Vanguard subsidiaries will report beneficial ownership separately after the January 12, 2026 realignment. Context: Expect related 13G or 13D entries from those subsidiaries if they hold INSW shares.
International Seaways

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