SCHEDULE: Vanguard Group Reports 0% Stake in 1st Source Corp

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in 1st Source Corp following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 1 to its Schedule 13G for 1st Source Corp (CUSIP: 336901103).
• The filing indicates The Vanguard Group now beneficially owns 0 shares, representing 0% of the Common Stock class.
• This change is attributed to an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report their beneficial ownership separately (on a disaggregated basis).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral for 1st Source Corp. It reflects an internal reporting change by The Vanguard Group rather than a fundamental shift in investment or company performance.

Positives

• The internal realignment by The Vanguard Group aims to streamline reporting, with subsidiaries now reporting beneficial ownership separately.
• The underlying investment strategies pursued by these subsidiaries remain the same as previously pursued by The Vanguard Group, Inc.

Negatives

• The Vanguard Group, as the direct reporting entity, no longer holds beneficial ownership in 1st Source Corp, which could be perceived as a reduction in direct institutional interest.

Management Comments

• 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 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.

Industry Context

StockSavvy.ai notes that large asset managers like The Vanguard Group periodically undergo internal restructurings that impact how beneficial ownership is reported across their various funds and divisions. This disaggregated reporting aligns with SEC guidance and aims to provide clearer insights into specific fund holdings, rather than indicating a change in overall investment strategy or a divestment from the issuer by the broader Vanguard complex.

Stakeholder Impact

• Shareholders: The direct beneficial ownership by The Vanguard Group is now 0%, but underlying shares may still be held by Vanguard's subsidiaries, meaning the overall institutional presence might not have significantly changed. This is primarily a reporting change.

Key Dates

Keywords

1st Source Corp, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor, Reporting Change, Internal Realignment