SCHEDULE: Vanguard Group Amends Freshpet Stake to Zero

The Vanguard Group has amended its Schedule 13G filing for Freshpet Inc., reporting zero beneficial ownership following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 6 to its Schedule 13G for Freshpet Inc. (CUSIP: 358039105).
• The filing indicates that The Vanguard Group now beneficially owns 0 shares of Freshpet Inc. common stock, representing 0% of the class.
• This change is a result of an internal realignment within The Vanguard Group, Inc. 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, not a change in investment thesis or a performance indicator for Freshpet Inc.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding Freshpet Inc.'s future performance or operations.

Management Comments

• "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 administrative changes in reporting, such as disaggregation of beneficial ownership by large institutional investors like The Vanguard Group, are common. These changes typically reflect internal organizational structures or compliance requirements rather than a shift in investment strategy or a negative outlook on the underlying company, Freshpet Inc. The underlying investment exposure to Freshpet Inc. may still exist through Vanguard's various funds and subsidiaries, just reported differently.

Stakeholder Impact

• Shareholders of Freshpet Inc. should note that while The Vanguard Group, Inc. itself no longer reports direct beneficial ownership, the underlying investment by Vanguard's various funds and subsidiaries may still be present, just reported separately. This is primarily an administrative change for Vanguard.

Key Dates

Keywords

Freshpet Inc, Vanguard Group, Schedule 13G, beneficial ownership, common stock, SEC filing, institutional ownership