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Vanguard disaggregates holdings; parent reports 0 shares in Lear Corp (LEA)

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

Rhea-AI Filing Summary

Lear Corp ownership update: The Vanguard Group filed an amended Schedule 13G/A stating it beneficially owns 0 shares of Lear Corp common stock as a result of an internal realignment. The filing explains certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538; timing and separate holder amounts are not provided.

The filing is signed by Ashley Grim as Head of Global Fund Administration on 03/27/2026.

Positive

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Negative

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Insights

Vanguard disaggregated reporting removes its parent-level stake in Lear.

The amendment states The Vanguard Group reports 0 beneficial shares for Lear following an internal realignment and cites SEC Release No. 34-39538 as the basis for separate subsidiary reporting. This is an administrative reclassification rather than an economic divestment disclosed here.

Future filings from the listed subsidiaries will show any continuing positions; subsequent Schedule 13G/A or Form 13F entries should be checked for discrete subsidiary holdings.






521865204

(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 does Vanguard's Schedule 13G/A say about LEA ownership?

The filing states The Vanguard Group beneficially owns 0 shares of Lear Corp common stock. It attributes this to an internal realignment and separate reporting by subsidiaries per SEC Release No. 34-39538.

Why does Vanguard report zero shares for Lear Corp (LEA)?

Vanguard explains an internal realignment on 01/12/2026 caused subsidiaries to report holdings separately. Under SEC Release No. 34-39538, the parent no longer reports beneficial ownership for those subsidiary-held securities.

Who signed the amended Schedule 13G/A for Vanguard on LEA?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with signature date 03/27/2026, certifying the reported ownership and explanatory disclosure.

Does this filing disclose how many shares Vanguard's subsidiaries hold in LEA?

No. The amendment states subsidiaries will report separately under the SEC release but does not provide subsidiary-level share counts or percentages in this filing.

Should LEA investors treat this as a sale by Vanguard?

This filing documents reporting changes, not an explicit sale. It shows The Vanguard Group reports 0 beneficial shares at the parent level; separate subsidiary filings would be required to confirm any transfers or sales.
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