Vanguard Reports 0% Stake in Patterson-UTI
Patterson-UTI Energy Inc: The Vanguard Group filed Amendment No. 12 to its Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of common stock after an internal realignment described in the filing.
Rhea-AI Filing Summary
Patterson-UTI Energy Inc: The Vanguard Group filed Amendment No. 12 to its Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of common stock after an internal realignment described in the filing.
The filing states the internal realignment occurred on January 12, 2026 and that certain Vanguard subsidiaries will report ownership separately going forward. The amendment is signed by Ashley Grim on 03/27/2026.
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Insights
Vanguard disaggregated holdings and reports zero beneficial ownership in PTEN following internal realignment.
The filing documents an internal realignment effective January 12, 2026 and states certain subsidiaries will now report beneficial ownership separately. The Schedule 13G/A amendment reports 0% beneficial ownership and zero voting and dispositive powers.
Implications are procedural: reporting will shift to separate Vanguard entities, and any future holdings in PTEN should appear under those entities' filings rather than this aggregate filing.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.