SCHEDULE: Vanguard Group Amends Innovex International Ownership

The Vanguard Group has filed an amendment to its Schedule 13G, reporting 0% beneficial ownership in Innovex International Inc. due to an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 3 to its Schedule 13G regarding its beneficial ownership of Common Stock in Innovex International Inc.
• As of March 13, 2026, The Vanguard Group reports 0.00 shares beneficially owned, representing 0% of the class.
• This change is attributed to an internal realignment within The Vanguard Group on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will now 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 subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is an administrative update from The Vanguard Group regarding its internal reporting structure, not a reflection of Innovex International Inc.'s operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Innovex International Inc.'s future performance or operations.

Management Comments

• The Vanguard Group certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with 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 Schedule 13G filings are routine disclosures by institutional investors holding more than 5% of a company's stock, or by certain types of investors (like investment advisers) who acquire beneficial ownership. Amendments, such as this one, typically reflect changes in ownership percentages or, as in this case, internal reporting structures of the institutional investor. Vanguard's internal realignment and subsequent disaggregated reporting is an administrative change for the fund manager, not a reflection of a change in investment thesis regarding Innovex International Inc. specifically.

Stakeholder Impact

• Shareholders of Innovex International Inc. may note the change in reporting by a major institutional investor, but this specific filing does not indicate a change in investment sentiment or operational impact for the company.

Key Dates

Keywords

Vanguard Group, Innovex International Inc, Schedule 13G, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor