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Vanguard realignment leads to separate reports for ProPetro (PUMP) holdings

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

Rhea-AI Filing Summary

ProPetro Holding Corp Schedule 13G/A Amendment No. 12: The Vanguard Group reports 0 shares beneficially owned of Common Stock, representing 0% of the class. The filing explains an internal realignment effective 01/12/2026 under SEC Release No. 34-39538 that caused certain Vanguard subsidiaries and business divisions to report separately.

The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The disclosure states Vanguard entities retain dividend/proceeds rights for managed accounts but no single other person holds more than 5%.

Positive

  • None.

Negative

  • None.

Insights

Filing documents a reporting reallocation after Vanguard internal realignment.

The amendment records 0 shares beneficially owned and 0% class ownership, and cites 01/12/2026 realignment under SEC Release No. 34-39538. This explains the disaggregated reporting by Vanguard subsidiaries rather than an investment change.

Operationally, this is an administrative disclosure; the cash‑flow treatment and any trading activity are not described in the excerpt. Subsequent filings would show holdings if any Vanguard sub-entity reports non-zero ownership.

The amendment clarifies beneficial ownership attribution; it does not indicate active holdings in PUMP.

The statement that Vanguard-managed accounts have dividend/proceeds rights is a descriptive ownership note; the filing explicitly reports 0 shares and 0% ownership as of the filing. The CUSIP and issuer address are provided for clarity.

Investor impact is minimal from this excerpt because no holdings are reported; future Schedule 13 filings would be the place to watch for any change in position.






74347M108

(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 does The Vanguard Group report for PUMP in this Schedule 13G/A amendment?

The filing reports 0 shares beneficially owned and 0% of the class. It states Vanguard entities now report certain holdings separately after an internal realignment under SEC Release No. 34-39538.

When did Vanguard’s internal realignment referenced in the filing occur?

The filing cites an internal realignment effective 01/12/2026 under SEC Release No. 34-39538, which led to disaggregated reporting by subsidiaries and business divisions.

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

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with the signature date shown as 03/27/2026 on the filing.

Does the filing indicate any Vanguard entity holds more than 5% of PUMP?

The filing states that no other person’s interest in the securities reported herein is more than 5%. The Vanguard Group reports managed accounts and investment companies have rights to dividends or proceeds.

Where is ProPetro’s principal executive office listed in the filing?

The filing lists the issuer’s principal executive offices at 303 W Wall St, Suite 102, Midland, TX, 79701, as provided in Item 1 of the Schedule 13G/A.
Propetro Holding

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