Vanguard disaggregates Vistra holdings (NYSE: VST) — reports zero beneficial ownership

Rhea-AI Filing Summary

Vistra Corp — The Vanguard Group filed Amendment No. 8 to Schedule 13G/A reporting 0 shares of Vistra Corp common stock beneficially owned following an internal realignment. The filing explains certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The amendment is signed by Ashley Grim on 03/26/2026 and references an internal realignment effective 01/12/2026.

Insights

Institutional Ownership Analyst

Vanguard disaggregated its Vistra holdings and now reports zero beneficial ownership.

The filing states that, after an internal realignment, certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The Schedule 13G/A shows Amount beneficially owned: 0 and Percent of class: 0%.

Cash-flow treatment and whether any subsidiaries still hold shares are not detailed here; subsequent filings by the named subsidiaries would show any continuing positions.

Corporate Governance Specialist

The amendment is administrative—reflecting reporting structure, not an economic disposition.

The text explains the change is a reporting disaggregation under a 1998 SEC release; it describes separation of beneficial‑ownership reporting rather than an explicit sale. The signer is identified as Ashley Grim, Head of Global Fund Administration.

Stakeholders interested in actual share movements should review future filings from Vanguard subsidiaries named under the realignment for any reported holdings.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 8)

Vistra Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

03/13/2026

(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 No.

1

Names of Reporting Persons

The Vanguard Group

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

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Vistra Corp
(b)	Address of issuer's principal executive offices: 2501 North Harwood, Suite 2000, Dallas, TX, 75201
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(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. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/26/2026

FAQ

What does the Schedule 13G/A amendment say about Vanguard's holdings in Vistra (VST)?

Direct answer: The amendment states The Vanguard Group reports 0 shares beneficially owned of Vistra common stock. Context: Vanguard cites an internal realignment and reliance on SEC Release No. 34-39538, with subsidiaries to report separately after 01/12/2026.

Does Vanguard’s filing mean it sold Vistra shares?

Direct answer: No—this filing documents a reporting change, not an explicit sale. Context: The amendment explains holdings are disaggregated among Vanguard subsidiaries per the SEC release; the filing does not state that shares were sold or transferred for cash.

Who signed the Schedule 13G/A amendment for Vanguard on Vistra?

Direct answer: The filing is signed by Ashley Grim, Head of Global Fund Administration, on 03/26/2026. Context: The signature block appears on the amendment and confirms Vanguard submitted the disaggregation notice under the cited SEC guidance.

What is SEC Release No. 34-39538 referenced in the filing?

Direct answer: The referenced release permits certain Vanguard subsidiaries to report beneficial ownership separately. Context: The amendment invokes that release to explain the internal realignment and the resulting disaggregated reporting of holdings.

Will Vistra investors see trades reported because of this amendment?

Direct answer: Not necessarily; this amendment reflects reporting structure changes, not disclosed trades. Context: The filing does not list purchases or sales; investors should check subsequent filings by Vanguard subsidiaries for any reported transactions or holdings.