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Vanguard disaggregates holdings, reports 0 shares in SLB (NYSE: SLB)

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

Rhea-AI Filing Summary

SLB Ltd: The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A stating it beneficially owns 0 shares (0%) of SLB common stock as reported on 03/27/2026.

The filing explains that following an internal realignment on 01/12/2026, certain Vanguard subsidiaries will report holdings separately under SEC Release No. 34-39538, and The Vanguard Group, Inc. no longer is deemed to beneficially own those subsidiaries' securities.

Positive

  • None.

Negative

  • None.

Insights

Amendment documents a disclosure change tied to an internal reorganization.

The filing clarifies reporting structure: Vanguard realigned on 01/12/2026 and certain subsidiaries will report beneficial ownership separately in reliance on SEC Release No. 34-39538. The Schedule 13G/A shows 0% beneficial ownership for The Vanguard Group.

This is procedural compliance language that aligns public ownership records with the firm's internal structure; cash flow treatment and voting details are not stated beyond the zero holdings reported on 03/27/2026.

Disclosure reduces aggregation of Vanguard's holdings to subsidiary-level reporting.

The amendment states subsidiaries and business divisions will report separately and pursue the same investment strategies previously attributed to The Vanguard Group, Inc. This shifts public attribution of positions rather than changing underlying positions identified here (0% reported).

Examples of impact include separate public filings by those subsidiaries; subsequent Schedule 13 filings from those entities would show their holdings if material.






806857108

(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 Vanguard report for SLB (SLB) in this Schedule 13G/A amendment?

The filing reports 0 shares and 0% beneficial ownership as of 03/27/2026. The amendment explains Vanguard's internal realignment on 01/12/2026, after which certain subsidiaries will report holdings separately under SEC Release No. 34-39538.

Why does The Vanguard Group say it no longer beneficially owns certain holdings?

Because of an internal realignment completed on 01/12/2026, certain subsidiaries will report beneficial ownership separately. The filing cites SEC Release No. 34-39538 as the basis for disaggregated reporting and separation of beneficial-ownership attribution.

Does this filing indicate any change in Vanguard's investment strategies for SLB?

No. The amendment states those subsidiaries pursue the same investment strategies previously pursued by The Vanguard Group, Inc. It changes reporting attribution, not the described investment strategies or stated holdings in this filing.

Will this amendment affect SLB's outstanding share count or Vanguard's voting power?

No direct effect is shown. The Schedule 13G/A reports Vanguard's voting and dispositive powers as 0 and states beneficial ownership is 0 shares; it does not alter SLB's outstanding share count or describe any transfer of votes.
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