Independent Franchise Partners Discloses 6.29% Stake in TransUnion (TRU)

Rhea-AI Filing Summary

TransUnion Schedule 13G filing reports that Independent Franchise Partners, LLP beneficially owns 12,131,944 shares of TransUnion common stock, representing 6.29% of the class as of 03/31/2026. The filing shows sole voting power for 11,523,667 shares and shared voting power for 373,507 shares. The form is signed by Sandeep Ghela, Chief Operating Officer, on 05/14/2026.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 6.29% beneficial ownership.

The filing identifies Independent Franchise Partners, LLP as holding 12,131,944 shares of TransUnion common stock as of 03/31/2026. The record lists specific voting and dispositive powers, including 11,523,667 shares with sole voting authority.

This disclosure clarifies a notable institutional stake; subsequent trading activity or amendments could change the position and voting profile in future filings.

Corporate Governance Specialist

Voting power concentrated within the holder's reported position.

The Schedule 13G shows that the filer has both sole voting and sole dispositive powers over most of the disclosed shares, with a smaller portion under shared voting power. The filing is signed by an officer on 05/14/2026, consistent with formal submission practices.

Watch for any future Schedule 13D/13G amendments if the holder changes intentions or trading behavior.

Key Figures

Beneficial ownership: 12,131,944 shares Percent of class: 6.29% Sole voting power: 11,523,667 shares +2 more

5 metrics

Beneficial ownership 12,131,944 shares as of <date>03/31/2026</date>

Percent of class 6.29% percent of common stock

Sole voting power 11,523,667 shares sole power to vote or direct the vote

Shared voting power 373,507 shares shared power to vote or to direct the vote

Sole dispositive power 12,131,944 shares sole power to dispose or to direct the disposition

Key Terms

Schedule 13G, Beneficially owned, Sole/Shared Voting Power

3 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: TransUnion; form type Schedule 13G"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Item 4. Ownership (a) Amount beneficially owned: 12,131,944"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole/Shared Voting Power governance

"Item 4. (i) Sole power to vote: 11,523,667; (ii) Shared power to vote: 373,507"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

TransUnion

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

89400J107

(CUSIP Number)

03/31/2026

(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

CUSIP Number(s): 89400J107

1

Names of Reporting Persons

Independent Franchise Partners, LLP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 11,523,667.00
6	Shared Voting Power 373,507.00
7	Sole Dispositive Power 12,131,944.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

12,131,944.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.29 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TransUnion
(b)	Address of issuer's principal executive offices: 555 West Adams, Chicago, IL 60661
Item 2.
(a)	Name of person filing: Independent Franchise Partners, LLP
(b)	Address or principal business office or, if none, residence: Level 1, 10 Portman Square, London W1H 6AZ, United Kingdom
(c)	Citizenship: United Kingdom
(d)	Title of class of securities: Common Stock, $0.01 par value
(e)	CUSIP Number(s): 89400J107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 12,131,944
(b)	Percent of class: 6.29%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 11,523,667
	(ii) Shared power to vote or to direct the vote: 373,507
	(iii) Sole power to dispose or to direct the disposition of: 12,131,944
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Independent Franchise Partners, LLP

Signature:	Sandeep Ghela
Name/Title:	Sandeep Ghela | Chief Operating Officer
Date:	05/14/2026

FAQ

What stake does Independent Franchise Partners report in TRU?

Independent Franchise Partners reports beneficial ownership of 12,131,944 shares, equal to 6.29% of TransUnion's common stock as of 03/31/2026. The filing lists both voting and dispositive power breakdowns.

What voting power does the 13G filing show for Independent Franchise Partners?

The filing shows sole voting power over 11,523,667 shares and shared voting power over 373,507 shares. It also reports sole dispositive power for 12,131,944 shares.

When was the Schedule 13G signed and what is the relevant date?

The Schedule 13G is signed by Sandeep Ghela on 05/14/2026, and the ownership figures are presented as of 03/31/2026 in the filing's header and ownership section.

Does this Schedule 13G indicate an activist intent or passive holding?

The filing is a Schedule 13G reporting beneficial ownership; it lists voting and dispositive powers but does not state any activist intentions. No statement of intent or control change appears in the provided excerpt.

How does this filing affect corporate governance at TransUnion (TRU)?

The filing documents a 6.29% institutional stake with substantial sole voting power, which is a disclosure of ownership. Any governance impact would depend on future voting or amendments not described in this excerpt.