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Vanguard reports 0 Pfizer shares after realignment (NYSE: PFE)

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

Rhea-AI Filing Summary

Pfizer Inc. ownership filing: The Vanguard Group filed an amendment reporting 0 shares of Pfizer common stock, representing 0% of the class. The filing states that on January 12, 2026 Vanguard completed an internal realignment and now reports beneficial ownership of certain subsidiaries separately in reliance on SEC Release No. 34-39538 (January 12, 1998).

The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. It lists Vanguard's address as 100 Vanguard Blvd., Malvern, PA and reiterates that no single outside person holds more than 5% of the class according to the disclosure.

Positive

  • None.

Negative

  • None.

Insights

Vanguard disaggregated holdings; reported 0 shares of Pfizer.

The amendment shows The Vanguard Group reports beneficial ownership of Pfizer common stock as 0 shares and 0%, citing an internal realignment on January 12, 2026. The filing relies on SEC Release No. 34-39538 (January 12, 1998) to report certain subsidiaries separately.

Implications depend on how subsidiaries now report their holdings; subsequent filings by those entities will show where actual beneficial positions moved. The amendment itself does not state any cash flows or transactions affecting Pfizer shares.

Disclosure reflects compliance with SEC disaggregation guidance.

The statement explains Vanguard's change in reporting structure under SEC Release No. 34-39538 and affirms that subsidiaries pursue the same investment strategies previously followed. The filing reiterates that no single outside person's interest exceeds 5%.

Regulatory watchers should review future 13G/A or 13D filings from Vanguard subsidiaries for the relocated beneficial ownership. The amendment does not assert any sale or purchase by Vanguard in this text.






717081103

(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 Pfizer (PFE)?

The Vanguard Group reported 0 shares of Pfizer common stock, representing 0% of the class. The amendment attributes this to an internal realignment completed on January 12, 2026 and disaggregation under SEC Release No. 34-39538.

Why does Vanguard say it owns 0 Pfizer shares now?

Vanguard states an internal realignment on January 12, 2026 caused certain subsidiaries to report beneficial ownership separately. In reliance on SEC Release No. 34-39538, the parent no longer claims ownership of securities held by those subsidiaries.

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

The amendment was signed by Ashley Grim, Head of Global Fund Administration, with a signature date of 03/27/2026. The filing lists Vanguard's principal business address in Malvern, Pennsylvania.

Does the filing state whether Vanguard sold Pfizer shares?

The filing does not state any sale or purchase transactions. It explains a reporting reorganization and says subsidiaries will report holdings separately under SEC Release No. 34-39538; no cash-flow treatment is described in the amendment.

Does any single outside person hold more than 5% according to the filing?

The filing affirms that no one other person's interest in the securities reported is more than 5%. It also notes that Vanguard, including registered investment companies and managed accounts, have rights to receive dividends or proceeds as reported.
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