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Vanguard (KOP) reports zero ownership; subsidiaries to report separately

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

Rhea-AI Filing Summary

Koppers Holdings Inc ownership filing: The Vanguard Group amended its Schedule 13G to report zero shares beneficially owned in Koppers common stock following an internal realignment. The filing states certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538.

The filing lists Amount beneficially owned: 0 and Percent of class: 0%, and shows no sole or shared voting or dispositive power. The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.

Positive

  • None.

Negative

  • None.

Insights

Disaggregation, not divestiture: Vanguard reports no beneficial ownership after internal restructuring.

The filing states The Vanguard Group underwent an internal realignment and, under SEC Release No. 34-39538, certain subsidiaries now will report holdings separately. The amendment records 0 shares and 0% ownership for The Vanguard Group itself.

This is an administrative reporting change tied to corporate structure; the excerpt attributes holdings to subsidiaries rather than implying sales. Subsequent filings by the named subsidiaries will show any actual positions.






50060P106

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


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 did The Vanguard Group report for Koppers Holdings Inc (KOP)?

The Vanguard Group reported 0 shares beneficially owned and 0% of the class. The amendment states voting and dispositive powers are all listed as 0, dated 03/27/2026 and signed by Ashley Grim.

Why does Vanguard report zero ownership in this Schedule 13G/A?

Vanguard cites an internal realignment and reliance on SEC Release No. 34-39538, saying certain subsidiaries will report holdings separately. The filing therefore disaggregates beneficial ownership away from The Vanguard Group entity.

Does the filing indicate Vanguard sold Koppers shares?

No. The filing describes an internal reporting change that assigns reporting to subsidiaries. It records 0 shares for The Vanguard Group but does not state any sale or transfer of securities.

Who signed the amended Schedule 13G/A for Vanguard and when?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with the signature date shown as 03/27/2026 on the filing.

Will Koppers ownership by Vanguard subsidiaries be visible?

Yes; the filing states certain Vanguard subsidiaries will report beneficial ownership separately in reliance on SEC Release No. 34-39538. Those subsidiary filings should show any actual positions.
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