SCHEDULE: Vermilion Energy Stakeholder Filing

Ameriprise Financial and Columbia Management report a combined 3.4% stake in Vermilion Energy Inc. as of March 31, 2026.

Summary

• Ameriprise Financial, Inc. (AFI) and its subsidiary Columbia Management Investment Advisers, LLC (CMIA) have filed a Schedule 13G, indicating their beneficial ownership of Vermilion Energy Inc. common stock.
• As of March 31, 2026, CMIA beneficially owns 5,232,096 shares, representing 3.4% of the class of securities.
• AFI, as the parent company of CMIA, may be deemed to beneficially own these shares as well. The filing notes that AFI's reported shares include those separately reported by CMIA.
• Both AFI and CMIA disclaim beneficial ownership of any shares reported on this Schedule, suggesting they hold these shares in the ordinary course of business and not for the purpose of influencing control of the issuer.
• The filing is an amendment (Amendment No. 1) to a previous filing.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by institutional investors without any indication of strategic intent beyond ordinary course of business.

Positives

• The filing indicates that the securities were acquired and are held in the ordinary course of business.
• The reporting persons certify that the securities were not acquired or held for the purpose of changing or influencing control of Vermilion Energy Inc.

Negatives

• Both reporting entities, Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC, disclaim beneficial ownership of the reported shares, which could imply a passive investment stance without direct control intent.

Risks

• While not explicitly stated as risks, the disclaimer of beneficial ownership by AFI and CMIA suggests their investment is not intended to influence or control Vermilion Energy Inc., which could be a factor if the company faces strategic decisions requiring significant shareholder support.

Future Outlook

The filing does not contain forward-looking statements or guidance. It is a disclosure of beneficial ownership.

Management Comments

• "Each of AFI and CMIA disclaims beneficial ownership of any shares reported on this Schedule."
• "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."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Ameriprise Financial and Columbia Management indicates a significant passive investment in Vermilion Energy Inc. Such filings are common for institutional investors managing large portfolios and often signal a stable, non-activist stake in a company.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional holding, which can provide stability to the stock. However, the disclaimer of beneficial ownership suggests these holders are not actively seeking to influence corporate control.
• Management: The passive nature of the investment may reduce pressure for short-term strategic shifts, allowing management to focus on long-term operational goals.
• Creditors: A stable institutional investor base can be viewed positively by creditors as it suggests a well-supported company.

Next Steps

• No specific next steps are outlined in this filing beyond the ongoing reporting requirements for beneficial ownership.

Key Dates

Keywords

Vermilion Energy Inc., Schedule 13G, Ameriprise Financial, Columbia Management, Beneficial Ownership, Common Stock, SEC Filing, Investment Holding