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Vanguard disaggregates holdings; affiliates report SR positions (SR)

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

Rhea-AI Filing Summary

Spire Inc — filing by The Vanguard Group (amendment). This Schedule 13G/A amendment states that, following an internal realignment, The Vanguard Group reports 0 shares beneficially owned of Spire Inc Common Stock and 0% of the class as of the filing.

The filing explains that on January 12, 2026 certain Vanguard subsidiaries/divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538; Vanguard states it no longer is deemed to have beneficial ownership of securities held by those entities. The form is signed and dated March 27, 2026.

Positive

  • None.

Negative

  • None.

Insights

Neutral technical amendment reflecting internal reporting changes.

The amendment records 0 shares beneficially owned and 0% ownership, reflecting a disaggregation of holdings after an internal realignment on January 12, 2026. This is an administrative reporting change under SEC Release No. 34-39538, not a trading disclosure.

Cash‑flow treatment or sale activity is not disclosed in the excerpt; subsequent filings from specific Vanguard subsidiaries may list their individual positions.

Filing cites SEC Release No. 34-39538 to justify disaggregation.

The statement follows the release's guidance that subsidiaries may report separately; it explicitly says Vanguard "no longer has, or is deemed to have, beneficial ownership" of those subsidiaries' securities. The amendment is certified by a Vanguard officer on March 27, 2026.

Monitor future 13G/A or 13D filings from named Vanguard affiliates for any reported holdings.






84857L101

(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

Does The Vanguard Group currently report any beneficial ownership of SR common stock?

No. The filing states The Vanguard Group reports 0 shares beneficially owned and 0% of the class. It attributes this to an internal realignment and separate reporting by subsidiaries on January 12, 2026.

Why did Vanguard amend its Schedule 13G/A for Spire Inc (SR)?

Because Vanguard underwent an internal realignment on January 12, 2026, prompting disaggregated reporting by subsidiaries. The amendment relies on SEC Release No. 34-39538 and states subsidiaries will report separately.

Does this amendment indicate Vanguard sold Spire Inc shares?

No. The amendment explains a reporting change under SEC guidance and records 0 shares beneficially owned; it does not state any sale or transaction activity in the excerpt.

Will Vanguard affiliates now report their SR holdings separately?

Yes. The filing says certain subsidiaries or business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538, pursuing the same investment strategies as before the realignment.
Spire Inc

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