[SCHEDULE 13G/A] Vimeo, Inc. SEC Filing

Rhea-AI Filing Summary

On 28 June 2025, three related reporting entities—Divisar Partners QP, L.P., Divisar Capital Management LLC, and its CEO Steven Baughman—filed Schedule 13G/A (Amendment No. 2) for Vimeo (NASDAQ: VMEO).

The filing shows that Divisar Capital Management and Baughman beneficially own 8,420,025 common shares, equal to 5.4 % of Vimeo’s 155,344,770 outstanding shares as referenced in the issuer’s 10-Q dated 1 May 2025. Divisar Partners QP, L.P. reports a separate—but overlapping—holding of 7,813,588 shares (5.0 %). All shares are held with shared voting and shared dispositive power; none are held with sole authority.

The parties file under Rule 13d-1(b)/(c)/(d) as an investment adviser (IA), pooled investment limited partnership (PN), and control person (HC/IN). They expressly disclaim ultimate beneficial ownership of the securities under Rule 13d-4, yet remain reportable holders because their combined position exceeds the 5 % threshold that triggers Schedule 13G reporting.

Positive

• Divisar Capital Management LLC reported ownership of 8,420,025 shares (5.4 %), signaling meaningful institutional interest in Vimeo.

Negative

• None.

Insights

Institutional Ownership Analyst

TL;DR: Divisar discloses a 5.4 % passive stake, adding a new mid-sized institutional holder but no activism signals.

Materiality: Crossing the 5 % threshold makes Divisar a reportable owner, giving it visibility and potential influence in proxy matters. The stake equals roughly $___ (value not provided), indicating moderate commitment.
Voting/Disposition: Shared power over all 8.4 M shares suggests the position sits across multiple pooled vehicles, limiting unilateral action.
Intent: The 13G (rather than 13D) classification implies a passive investment posture; there are no stated plans to seek control or board seats.
Take-away for investors: The filing highlights fresh institutional confidence in Vimeo but does not, by itself, alter the strategic outlook or capital structure. Monitor future amendments for position growth or conversion to an activist 13D.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Vimeo, Inc.

(Name of Issuer)

Common Stock, par value $0.01

(Title of Class of Securities)

92719V100

(CUSIP Number)

06/17/2025

(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)

SCHEDULE 13G

CUSIP No. 92719V100

1

Names of Reporting Persons

Divisar Partners QP, L.P.

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,813,588.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,813,588.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,813,588.00

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)

5.0 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, as amended, Divisar Partners QP, L.P. expressly disclaims beneficial ownership over any of the securities reported in this statement, and the filing of this statement shall not be construed as an admission that Divisar Partners QP, L.P. is the beneficial owner of any of the securities reported herein.

SCHEDULE 13G

CUSIP No. 92719V100

1

Names of Reporting Persons

Divisar Capital Management LLC

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

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,420,025.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,420,025.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,420,025.00

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)

5.4 %

12

Type of Reporting Person (See Instructions)

IA, OO, HC

SCHEDULE 13G

CUSIP No. 92719V100

1

Names of Reporting Persons

Steven Baughman

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 STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,420,025.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,420,025.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,420,025.00

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)

5.4 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vimeo, Inc.
(b)	Address of issuer's principal executive offices: 330 WEST 34TH STREET, 5TH FLOOR, NEW YORK, NEW YORK, 10001.
Item 2.
(a)	Name of person filing: This statement is filed by the entities and persons listed below, who are collectively referred herein as "Reporting Persons", with respect to the shares of Common Stock (as defined in Item 2(d) below) of the Company: (i) Divisar Partners QP, L.P. (ii) Divisar Capital Management, LLC (iii) Steven Baughman
(b)	Address or principal business office or, if none, residence: (i) Divisar Partners QP, L.P. 275 Sacramento Street, 8th Floor San Francisco, CA 94111 (ii) Divisar Capital Management, LLC 275 Sacramento Street, 8th Floor San Francisco, CA 94111 (iii) Steven Baughman c/o Divisar Capital Management, LLC 275 Sacramento Street, 8th Floor San Francisco, CA 94111
(c)	Citizenship: (i) Divisar Partners QP, L.P. - DE (ii) Divisar Capital Management, LLC - DE (iii) Steven Baughman - USA
(d)	Title of class of securities: Common Stock, par value $0.01
(e)	CUSIP No.: 92719V100
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: Divisar Capital Management, LLC is an investment adviser that is registered under the Investment Advisers Act of 1940. Divisar Capital Management, LLC, which serves as the general partner and investment manager to each of Divisar Partners QP, L.P. and Divisar Partners, L.P., (collectively the "Funds"), may be deemed to be the beneficial owner of all shares of Common Stock held by the Funds. Steven Baughman, as CEO of Divisar Capital Management, LLC, with the power to exercise investment and voting discretion, may be deemed to be the beneficial owner of all shares of Common Stock held by the Funds. Pursuant to Rule 13d-4 under the Securities Exchange Act of 1934, as amended, each of the Funds expressly disclaims beneficial ownership over any of the securities reported in this statement, and the filing of this statement shall not be construed as an admission that either of the Funds are the beneficial owner of any of the securities reported herein. Divisar Partners QP, L.P Amount beneficially owned: 7,813,588 Divisar Capital Management, LLC Amount beneficially owned: 8,420,025 Steven Baughman Amount beneficially owned: 8,420,025
(b)	Percent of class: Based on 155,344,770 shares of Common Stock as of May 1, 2025 as represented by the Issuer in Form 10-Q filed with the Securities and Exchange Commission ("SEC") on May 5, 2025. Divisar Partners QP, L.P Percent of Class: 5.0% Divisar Capital Management, LLC Percent of Class: 5.4% Steven Baughman Percent of Class: 5.4%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Divisar Partners QP, L.P Sole power to vote or to direct the vote: 0 Divisar Capital Management, LLC Sole power to vote or to direct the vote: 0 Steven Baughman Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: Divisar Partners QP, L.P Shared power to vote or to direct the vote: 7,813,588 Divisar Capital Management, LLC Shared power to vote or to direct the vote: 8,420,025 Steven Baughman Shared power to vote or to direct the vote: 8,420,025
	(iii) Sole power to dispose or to direct the disposition of: Divisar Partners QP, L.P Sole power to dispose or to direct the disposition of: 0 Divisar Capital Management, LLC Sole power to dispose or to direct the disposition of: 0 Steven Baughman Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: Divisar Partners QP, L.P Shared power to dispose or to direct the disposition of: 7,813,588 Divisar Capital Management, LLC Shared power to dispose or to direct the disposition of: 8,420,025 Steven Baughman Shared power to dispose or to direct the disposition of: 8,420,025
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Funds have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock covered by this statement.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Note Above.
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 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.

Divisar Partners QP, L.P.

Signature:	/s/ Steven Baughman
Name/Title:	CEO, Divisar Capital Management,LLC, its General Partner
Date:	06/25/2025

Divisar Capital Management LLC

Signature:	/s/ Steven Baughman
Name/Title:	CEO
Date:	06/25/2025

Steven Baughman

Signature:	/s/ Steven Baughman
Name/Title:	Steven Baughman
Date:	06/25/2025

FAQ

How many Vimeo shares does Divisar Capital Management LLC own?

According to the Schedule 13G/A, Divisar Capital Management LLC shares voting and dispositive power over 8,420,025 common shares.

What percentage of Vimeo's outstanding stock is held by Divisar entities?

Divisar Capital Management LLC and Steven Baughman each report 5.4 % ownership; Divisar Partners QP, L.P. reports 5.0 %.

Does the filing signal activist intent by Divisar?

No. The use of Schedule 13G (instead of 13D) indicates the stake is currently deemed passive with no control intentions disclosed.

Who has voting power over the reported Vimeo shares?

All reported shares are held with shared voting and dispositive power by the Divisar entities; none are solely controlled.

Why was this Schedule 13G/A filed on June 28, 2025?

The triggering event date is 17 June 2025, when Divisar’s aggregated holdings exceeded the 5 % threshold requiring a Schedule 13G filing.