SCHEDULE: Vanguard Reports 0% Stake in Digital Turbine Post-Realignment
Beneficial Ownership Change
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Digital Turbine Inc. following an internal realignment.
Summary
- The Vanguard Group filed an Amendment No. 7 to its Schedule 13G for Digital Turbine Inc. Common Stock.
- The filing indicates that The Vanguard Group now holds 0.00 shares, representing 0% of the class of securities.
- This change is a result of 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 beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538.
- 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. It reflects an administrative change in how The Vanguard Group reports its beneficial ownership, rather than a change in investment strategy or a sale of underlying shares in Digital Turbine Inc.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- The Vanguard Group, Inc. went through an internal realignment on January 12, 2026.
- Certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc. will now report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc.
- These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.
- 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.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors holding more than 5% of a company's stock, or in this case, an amendment to reflect a change in reporting structure. The disaggregation of beneficial ownership by a major institutional investor like Vanguard is an internal administrative change, not a divestment of underlying assets, and is consistent with SEC guidance for complex organizational structures.
Stakeholder Impact
- Shareholders of Digital Turbine Inc. may observe a change in the reported institutional ownership percentages for The Vanguard Group, but this does not reflect a change in the underlying investment by Vanguard's managed funds.
Key Dates
| Date | Description |
|---|---|
| 2026-01-12 | Date of internal realignment within The Vanguard Group, Inc. |
| 2026-03-13 | Date of event which requires filing of this statement (beneficial ownership change). |
| 2026-03-26 | Date of signature for the Schedule 13G filing. |
Keywords
Schedule 13G, Vanguard Group, Digital Turbine Inc, Beneficial Ownership, Internal Realignment, Institutional Ownership, Common Stock, SEC Filing
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