Vanguard (VABK) reports 0 shares after internal realignment (13G/A)
Rhea-AI Filing Summary
Virginia National Bankshares Corp Schedule 13G/A amendment: The Vanguard Group reports 0 shares beneficially owned and 0% of the common stock as of the amendment. The filing explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538 that caused certain Vanguard subsidiaries/divisions to report ownership separately.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
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FAQ
What does The Vanguard Group report in the VABK Schedule 13G/A amendment?
The filing states 0 shares beneficially owned and 0% of class. It records Vanguard's internal reorganization and disaggregated reporting under SEC Release No. 34-39538, dated January 12, 2026.
Why does Vanguard report zero ownership for VABK after the realignment?
Because Vanguard disaggregated certain subsidiaries and business divisions to report separately under SEC Release No. 34-39538. The amendment states those entities now report beneficial ownership independently from The Vanguard Group, Inc.
Who signed the Schedule 13G/A amendment for VABK and when?
Ashley Grim, Head of Global Fund Administration, signed the amendment on 03/27/2026. The signature block appears at the end of the filing excerpt provided.
Does the amendment identify any holders with more than 5% of VABK common stock?
No. The filing explicitly states that no other person's interest reported herein exceeds 5%, and Vanguard reports ownership of 5 percent or less of a class in Item 5.