SCHEDULE: Vanguard Group Divests Fastly Stake Amid Internal Realignment

The Vanguard Group has reported a 0% beneficial ownership in Fastly Inc. following an internal realignment that disaggregated its reporting.

Summary

• The Vanguard Group filed an Amendment No. 6 to its Schedule 13G for Fastly Inc. Common Stock.
• The filing indicates that The Vanguard Group now beneficially owns 0 shares, representing 0% of Fastly Inc.'s class of securities.
• This change stems from an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. 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 disaggregated entities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event for Fastly Inc., as the change reflects an internal organizational realignment within The Vanguard Group rather than a divestment of the underlying investment by Vanguard's broader fund family.

Management Comments

• 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.

Industry Context

StockSavvy.ai notes that institutional investors like The Vanguard Group frequently undergo internal restructurings or reallocations of reporting responsibilities, which can lead to changes in their reported beneficial ownership without necessarily indicating a change in their overall investment strategy or holdings across their broader fund family. This disaggregated reporting aligns with SEC guidance for large investment complexes.

Stakeholder Impact

• Shareholders of Fastly Inc. might initially perceive a major institutional investor reducing its stake, but the filing clarifies this is a reporting change, not necessarily a full divestment by Vanguard's broader entities.
• The Vanguard Group's internal realignment impacts its own reporting structure and how its various funds' holdings are disclosed.

Key Dates

Keywords

Fastly Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Institutional Investor, Common Stock, Investment Adviser, Realignment