[SCHEDULE 13G/A] OIL STATES INTERNATIONAL, INC. SEC Filing

Rhea-AI Filing Summary

The Vanguard Group has filed a Schedule 13G declaring a passive 5.06 % beneficial ownership of Penns Woods Bancorp (PWOD) common stock as of 30 June 2025. The position totals 385,829 shares (CUSIP 708430103).

Voting authority is negligible: 0 shares with sole voting power and 3,071 shares with shared voting power. Conversely, Vanguard controls disposal of nearly the entire holding, with 380,420 shares under sole dispositive power and 5,409 shares under shared dispositive power. The firm certifies the stake was acquired in the ordinary course of business and not to influence control of the issuer.

Crossing the 5 % threshold elevates Vanguard to PWOD’s list of significant shareholders, potentially supporting liquidity and signalling institutional confidence, but the passive filing and limited voting rights suggest only modest governance impact.

Positive

• Institutional validation: Vanguard’s 5.06 % stake introduces a respected asset manager, potentially boosting investor confidence and trading liquidity.
• Transparent disclosure: Full breakdown of voting and dispositive powers provides clarity on ownership structure.

Negative

• Minimal voting influence: 0 sole voting power and only 3,071 shared votes limit Vanguard’s ability to advocate for shareholder-friendly changes.
• Marginal threshold: Holding is just above 5 %; a small reduction would end mandatory reporting and visibility.

Insights

Portfolio Manager

TL;DR Passive 5.06 % Vanguard stake lifts liquidity and visibility, yet offers little strategic pressure—overall neutral-to-slightly positive.

Vanguard’s entry as a >5 % holder introduces a well-regarded, low-cost asset manager to PWOD’s register. Such ownership can tighten spreads and draw additional institutional attention. However, the filing is on Form 13G, not 13D, signalling a purely passive intent. With no sole voting power and only 3 k shares of shared votes, Vanguard is unlikely to influence board decisions or push strategic change. From a valuation standpoint the disclosure may provide a modest multiple boost, but it does not materially alter PWOD’s fundamental outlook.

Corporate Governance Expert

TL;DR 13G confirms no control ambitions; minimal voting rights mean limited governance impact—neutral for corporate oversight.

The certification explicitly states the shares were not acquired to influence control, satisfying SEC Rule 13d-1(b). Vanguard exercises broad dispositive but virtually no voting power, consistent with its index-tracking mandates. Consequently, shareholders should not expect activist campaigns or board nominations stemming from this position. The disclosure simply meets legal thresholds and enhances transparency.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 15)

Oil States International Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

678026105

(CUSIP Number)

06/30/2025

(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

CUSIP No. 678026105

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 172,386.00
7	Sole Dispositive Power 4,109,346.00
8	Shared Dispositive Power 196,292.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,305,638.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.95 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Oil States International Inc
(b)	Address of issuer's principal executive offices: 3 Allen Center, 333 Clay Street, Suite 4620, Houston, TX, 77002
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 678026105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4305638
(b)	Percent of class: 6.95 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 172386
	(iii) Sole power to dispose or to direct the disposition of: 4109346
	(iv) Shared power to dispose or to direct the disposition of: 196292
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/29/2025

FAQ

How many Penns Woods Bancorp (PWOD) shares does Vanguard own?

The filing reports 385,829 common shares beneficially owned.

What percentage of PWOD’s outstanding shares does this represent?

Vanguard’s position equals 5.06 % of the outstanding common stock.

Does Vanguard have voting control over its PWOD stake?

No. It has 0 shares with sole voting power and 3,071 shares with shared voting power.

Why did Vanguard file a Schedule 13G for PWOD?

Crossing the 5 % ownership threshold triggers SEC disclosure; Form 13G signals a passive investment intent.

Is Vanguard acting as an activist investor in PWOD?

No. The 13G filing and certification state the stake was acquired in the ordinary course without intent to influence control.