Vanguard (WEAV) discloses 7.49% passive ownership in Weave Communications
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
The Vanguard Group filed an amended Schedule 13G reporting a passive ownership stake in Weave Communications Inc. common stock. Vanguard reported beneficial ownership of 5,846,755 shares, representing 7.49% of Weave’s outstanding common stock as of the event date.
Vanguard reported no sole voting or dispositive power, with shared voting power over 545,291 shares and shared dispositive power over 5,846,755 shares. The firm certified the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of Weave. Vanguard also noted an internal realignment effective January 12, 2026, after which certain subsidiaries may report holdings separately.
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FAQ
What stake did The Vanguard Group report in Weave Communications (WEAV)?
The Vanguard Group reported beneficial ownership of 5,846,755 shares of Weave Communications common stock, representing 7.49% of the class. This reflects a sizable institutional position disclosed on an amended Schedule 13G as of the reported event date.
Is Vanguard’s Weave Communications (WEAV) position intended to influence control of the company?
Vanguard certified the Weave Communications shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The filing states they are not held in connection with any control-related transaction.
Who ultimately benefits from Vanguard’s Weave Communications (WEAV) holdings?
Vanguard explained that its clients, including registered investment companies and other managed accounts, have the right to receive dividends and sale proceeds from the Weave Communications shares. No single other person’s interest in the reported securities exceeds 5% of the class.
What internal change at The Vanguard Group is mentioned in the Weave (WEAV) filing?
The filing notes that on January 12, 2026, Vanguard underwent an internal realignment and no longer performs portfolio management or proxy voting. Certain subsidiaries or business divisions may report beneficial ownership separately while pursuing the same investment strategies as before.
What type of SEC filing did Vanguard submit for Weave Communications (WEAV)?
Vanguard submitted an amended Schedule 13G, a filing used by certain institutional investors to report passive ownership of more than 5% of a company’s shares. This amendment updates its disclosed ownership stake and related voting and dispositive power details.