Paulson & Co. reports 6.0M Thryv (THRY) shares as indirect holdings

Rhea-AI Filing Summary

Thryv Holdings, Inc. received an initial ownership report showing that investment manager Paulson & Co. Inc., as a ten percent owner, indirectly holds 6,006,070 shares of Common Stock of Thryv as of February 27, 2026 through managed funds and accounts.

All of these shares are owned by the investment funds managed by Paulson, not by Paulson & Co. Inc. personally. A related footnote explains that Paulson and John Paulson may be deemed indirect beneficial owners but expressly state that this filing is not an admission of beneficial ownership under securities laws.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

PAULSON & CO. INC.

(Last) (First) (Middle)

15 EXCHANGE PLACE

(Street)

JERSEY CITY X1 07302

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2026

3. Issuer Name and Ticker or Trading Symbol
Thryv Holdings, Inc. [ THRY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,006,070	I(1)	By Managed Funds and Accounts(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Paulson & Co. Inc. ("Paulson") is the investment manager of investment funds (the "Funds"). John Paulson is the controlling person of Paulson. All securities reported on this Form 3 are owned by the Funds. Each of Paulson and John Paulson may be deemed to indirectly beneficially own the securities directly owned by the Funds. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Act"), the filing of this Form 3 shall not be deemed an admission by any person reporting on this Form 3 that such person, for purposes of Section 16 of the Act or otherwise, is the beneficial owner of any equity securities covered by this Form 3.

	PAULSON & CO. INC. /s/ Stuart L. Merzer, General Counsel & Chief Compliance Officer	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Thryv Holdings (THRY) Form 3 filed by Paulson & Co. Inc. show?

The Form 3 shows that Paulson & Co. Inc., as investment manager, reports indirect ownership of 6,006,070 Thryv common shares. These shares are held by investment funds and accounts it manages, reflecting a ten percent owner position in Thryv.

Who actually owns the Thryv (THRY) shares reported on this Form 3?

The filing states that all reported Thryv shares are owned by the investment funds managed by Paulson & Co. Inc. Paulson and John Paulson may be deemed indirect beneficial owners through their roles with these funds.

How many Thryv (THRY) shares are reported as indirectly owned by Paulson-managed funds?

The Form 3 reports 6,006,070 shares of Thryv common stock indirectly owned through managed funds and accounts. This total reflects the holdings after the reported date and supports Paulson & Co. Inc.’s status as a ten percent owner.

Does Paulson & Co. Inc. admit beneficial ownership of Thryv (THRY) shares in this Form 3?

No. A footnote explains that, under Rule 16a-1(a)(4), filing the Form 3 is not an admission of beneficial ownership by Paulson & Co. Inc. or John Paulson, even though they may be deemed indirect beneficial owners.

How is the Thryv (THRY) ownership characterized in the Form 3 for Paulson & Co. Inc.?

The ownership is reported as indirect, held “By Managed Funds and Accounts.” This means the Thryv shares belong to the funds Paulson manages, rather than being directly owned by Paulson & Co. Inc. itself.