STOCK TITAN

Vanguard (NRDS) reports 4.26M-share, 12.14% holding after realignment

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

Rhea-AI Filing Summary

NerdWallet Inc reports that The Vanguard Group beneficially owns 12.14% of common stock, equal to 4,261,860 shares. The filing states Vanguard has shared voting power for 364,045 shares and shared dispositive power for 4,261,860 shares.

The filing notes an internal realignment at The Vanguard Group on January 12, 2026, after which certain subsidiaries expect to report beneficial ownership separately. The form is signed and dated March 5, 2026.

Positive

  • None.

Negative

  • None.

Insights

Vanguard holds a sizeable passive stake via shared dispositive authority.

Vanguard is reported as beneficial owner of 4,261,860 shares, representing 12.14% of common stock. The filing breaks out shared voting power of 364,045 shares and shared dispositive power of 4,261,860.

The filing discloses an internal realignment on January 12, 2026, and states certain subsidiaries may report ownership on a disaggregated basis going forward; timing and which subsidiaries will report are not detailed in the excerpt.

This amendment clarifies control attributes after Vanguard's structural change.

The form emphasizes that portfolio management and proxy voting shifted within Vanguard, and that related subsidiaries pursue the same strategies previously used. The filing attributes voting and dispositive roles to shared authorities rather than sole control.

Subsequent filings by Vanguard subsidiaries may show different beneficial-ownership splits; stakeholders tracking ownership concentration should watch those filings for updated percentages.






02/27/2026

(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)






SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. As of that date, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting. In accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are 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.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/05/2026

FAQ

What stake does The Vanguard Group report in NerdWallet (NRDS)?

The Vanguard Group reports beneficial ownership of 4,261,860 shares, representing 12.14% of common stock. The filing lists shared voting power for 364,045 shares and shared dispositive power for 4,261,860 shares.

When did Vanguard change its reporting structure affecting NRDS ownership?

Vanguard's internal realignment occurred on January 12, 2026. The filing states that, after that date, certain subsidiaries may report beneficial ownership separately from The Vanguard Group, Inc.

Does Vanguard claim sole voting or dispositive power over NRDS shares?

No; the filing shows 0 shares with sole voting power and 0 shares with sole dispositive power. All reported voting and dispositive powers are listed as shared.

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

Ashley Grim, Head of Global Fund Administration, signed the amendment, dated March 5, 2026, certifying the reported ownership and disclosures in the filing.

Will Vanguard subsidiaries report NRDS holdings separately after the realignment?

The filing states Vanguard anticipates certain subsidiaries or business divisions will report beneficial ownership on a disaggregated basis. The filing does not specify which entities or exact timing for those reports.
Nerdwallet, Inc.

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