Durable Capital discloses 3.5% VSE Corp (VSEC) stake, 980,310 shares under sole control

Rhea-AI Filing Summary

Durable Capital Partners filed an amended ownership report on VSE Corp common stock. The firm, as investment adviser to Durable Capital Master Fund LP, is deemed to beneficially own 980,310 shares of VSE common stock. Based on 28,057,152 shares outstanding as of May 5, 2026, this represents 3.5% of the class. Durable Capital Partners has sole voting and dispositive power over these shares and no shared voting or dispositive power. The filing notes that the economic benefits of the shares are shared among related parties pursuant to agreements, and confirms that the position represents ownership of 5% or less of the outstanding common stock.

Key Figures

Shares beneficially owned: 980,310 shares Ownership percentage: 3.5% Shares outstanding: 28,057,152 shares +3 more

6 metrics

Shares beneficially owned 980,310 shares Common stock of VSE Corp beneficially owned by Durable Capital Partners

Ownership percentage 3.5% Percentage of VSE Corp common stock class held by Durable Capital Partners

Shares outstanding 28,057,152 shares VSE Corp common shares outstanding as of May 5, 2026

Sole voting power 980,310 shares Shares over which Durable Capital Partners has sole power to vote

Sole dispositive power 980,310 shares Shares over which Durable Capital Partners has sole power to dispose

Signature date 08/14/2026 Date the authorized person signed the ownership report

Key Terms

beneficially owned, sole voting power, sole dispositive power, percent of class, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: The information required by this item with respect"

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 voting power financial

"Sole Voting Power 980,310.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 980,310.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

percent of class financial

"Percent of class: 3.5 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

economic benefits financial

"The economic benefits of the Shares are shared based on agreements"

FAQ

What percentage of VSEC does Durable Capital Partners report owning?

Durable Capital Partners reports beneficial ownership of 3.5% of VSE Corp (VSEC). This is based on 28,057,152 shares outstanding as of May 5, 2026, as disclosed in the issuer’s Form 10-Q.

How many VSEC shares does Durable Capital Partners control?

Durable Capital Partners is deemed to control 980,310 shares of VSE Corp (VSEC) common stock. These shares are directly held by Durable Capital Master Fund LP, for which Durable Capital Partners acts as investment adviser.

Does Durable Capital Partners have sole or shared voting power over VSEC shares?

Durable Capital Partners has sole voting power over 980,310 VSEC shares and no shared voting power. It also has sole dispositive power over the same 980,310 shares, with no shared dispositive power reported.

Is Durable Capital Partners a 5% or greater holder of VSEC?

No. Durable Capital Partners reports ownership of 5 percent or less of VSE Corp (VSEC) common stock. The filing specifies a 3.5% ownership interest based on the company’s reported shares outstanding.

Who ultimately benefits economically from Durable Capital’s VSEC holdings?

The filing states that the economic benefits of the 980,310 VSEC shares are shared based on agreements among the related parties. Durable Capital Master Fund LP directly holds the shares, with Durable Capital Partners directing voting and disposition.

What is the share count used to calculate Durable Capital’s VSEC ownership percentage?

The 3.5% ownership figure is calculated using 28,057,152 VSEC shares outstanding as of May 5, 2026. This outstanding share count comes from VSE Corp’s Form 10-Q filed on May 8, 2026.

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Available on EDGAR 08/14/2026 - 04:09 PM Accepted by SEC EDGAR 08/14/2026 - 04:05 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

VSE CORP

(Name of Issuer)

Common Stock, par value $.05 per share

(Title of Class of Securities)

918284100

(CUSIP Number)

06/30/2026

(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): 918284100

1

Names of Reporting Persons

Durable Capital Partners LP

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 980,310.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 980,310.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

980,310.00

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)

3.5 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: VSE CORP
(b)	Address of issuer's principal executive offices: 3361 Enterprise Way, Miramar, Florida 33025
Item 2.
(a)	Name of person filing: Durable Capital Partners LP
(b)	Address or principal business office or, if none, residence: 4747 Bethesda Avenue, Suite 1002, Bethesda, Maryland 20814
(c)	Citizenship: The Reporting Person is a limited partnership organized under the laws of the State of Delaware.
(d)	Title of class of securities: Common Stock, par value $.05 per share
(e)	CUSIP No.: 918284100
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: The information required by this item with respect to the Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages reported are based on 28,057,152 outstanding shares of Common Stock, par value $.05 per share (the "Shares") as of May 5, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on May 8, 2026. Durable Capital Master Fund LP directly holds 980,310 Shares. The Reporting Person, as the investment adviser to Durable Capital Master Fund LP, has sole power to direct the vote and disposition of the Shares. Durable Capital Partners GP LLC ("Durable GP") is the general partner of the Reporting Person, and Henry Ellenbogen is the chief investment officer of the Reporting Person and the managing member of Durable GP.
(b)	Percent of class: 3.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 980310
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 980310
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	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. See disclosure of relationships among parties under Item 4. The economic benefits of the Shares are shared based on agreements among the parties.
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 control and Shares holding disclosure in Item 4.
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.

Durable Capital Partners LP

Signature:	Julie Jack
Name/Title:	Authorized Person
Date:	08/14/2026