Durable Capital Partners filed a Schedule 13G reporting beneficial ownership of 1,619,763 shares of VSE Corp common stock, representing 5.5% of the outstanding shares.
The percentage is based on 29,395,761 VSE Corp common shares outstanding, as reported in a prospectus supplement filed on February 4, 2026. Durable Capital Master Fund LP directly holds the 1,619,763 shares, while Durable Capital Partners, as investment adviser, has sole voting and dispositive power over them.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of VSE Corp.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
VSE CORP
(Name of Issuer)
Common Stock, par value $.05 per share
(Title of Class of Securities)
918284100
(CUSIP Number)
02/03/2026
(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)
SCHEDULE 13G
CUSIP No.
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
1,619,763.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,619,763.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,619,763.00
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)
5.5 %
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 29,395,761 outstanding shares of Common Stock, par value $.05 per share (the "Shares"), as reported in the Issuer's prospectus supplement filed on February 4, 2026. Durable Capital Master Fund LP directly holds 1,619,763 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:
5.5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1619763
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1619763
(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.
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.
What does Durable Capital Partners’ Schedule 13G filing on VSE Corp (VSEC) show?
The filing shows Durable Capital Partners beneficially owns 1,619,763 VSE Corp common shares, equal to 5.5% of the company. This stake is reported on Schedule 13G, indicating a passive investment held in the ordinary course of business without a stated intent to influence control.
How many VSE Corp (VSEC) shares does Durable Capital Partners beneficially own?
Durable Capital Partners reports beneficial ownership of 1,619,763 VSE Corp common shares. These shares are directly held by Durable Capital Master Fund LP, while Durable Capital Partners, as investment adviser, has sole power to vote and dispose of the shares on behalf of the fund.
What percentage of VSE Corp’s outstanding stock is owned by Durable Capital Partners?
Durable Capital Partners reports owning 5.5% of VSE Corp’s outstanding common stock. This percentage is calculated using 29,395,761 VSE common shares outstanding, as disclosed in the company’s prospectus supplement filed on February 4, 2026, which the filing cites as the share-count basis.
Who actually holds the VSE Corp shares reported by Durable Capital Partners on its 13G?
The 1,619,763 VSE Corp shares are directly held by Durable Capital Master Fund LP. Durable Capital Partners acts as investment adviser to the fund and has sole voting and dispositive power. A related general partner entity and an individual officer are also mentioned in the control structure.
Does Durable Capital Partners aim to influence control of VSE Corp with this 5.5% stake?
The certification states the VSE Corp shares were acquired and are held in the ordinary course of business, not to change or influence control. It also notes the stake is not held in connection with any control-related transaction, other than activities solely tied to certain nomination provisions.
How is the 5.5% ownership figure for VSE Corp (VSEC) calculated in the 13G filing?
The 5.5% figure is based on 1,619,763 shares beneficially owned divided by 29,395,761 VSE Corp common shares outstanding. The outstanding share count comes from VSE’s prospectus supplement filed on February 4, 2026, which the filing cites as the source for its ownership percentage calculation.