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Vanguard Discloses Zero Holdings in Patterson-UTI (PTEN) After Realignment

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

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.

Positive

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Negative

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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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did the Schedule 13G/A amendment say about Vanguard's stake in PTEN?

Direct answer: The amendment reports 0 shares beneficially owned, equal to 0% of the class. Supporting context: The filing attributes this to an internal realignment effective January 12, 2026, with certain subsidiaries reporting ownership separately going forward.

Why does The Vanguard Group report zero ownership for PTEN now?

Direct answer: Vanguard states an internal realignment caused disaggregation of holdings among subsidiaries. Supporting context: Per SEC Release No. 34-39538, subsidiaries that formerly reported with Vanguard will now report beneficial ownership separately after the January 12, 2026 realignment.

Who signed the amendment and when was it filed for PTEN?

Direct answer: The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. Supporting context: The signature block appears on the Schedule 13G/A amendment that documents the disaggregation and zero beneficial ownership statement.

Does the filing disclose any voting or dispositive power for Vanguard over PTEN shares?

Direct answer: The filing shows 0 sole and shared voting and dispositive powers. Supporting context: Item 4 lists zero for sole power to vote, shared power to vote, sole power to dispose, and shared power to dispose, consistent with 0% ownership.





703481101

(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