SCHEDULE: Vanguard Group Reports Zero Ownership in Oil States International

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Oil States International Inc. following an internal realignment.

Summary

• The Vanguard Group filed Amendment No. 16 to Schedule 13G concerning its beneficial ownership of Common Stock in Oil States International Inc.
• As a result of an internal realignment on January 12, 2026, The Vanguard Group, Inc. now reports 0.00 shares beneficially owned, representing 0% of the class.
• Following the realignment, certain subsidiaries or business divisions of The Vanguard Group, Inc. will report their beneficial ownership separately, in accordance with 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 realigned subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, procedural filing. It reflects an internal organizational change at The Vanguard Group rather than a change in investment strategy or a significant event for Oil States International Inc.

Positives

• For Oil States International Inc., the filing provides clear and transparent reporting of ownership changes by a major institutional investor.
• For The Vanguard Group, the internal realignment clarifies reporting responsibilities, with subsidiaries now reporting beneficial ownership separately, aligning with SEC regulatory guidance.

Negatives

• No direct negatives for Oil States International Inc. are apparent from this procedural filing.
• No direct negatives for The Vanguard Group are apparent, as this is a planned internal realignment for reporting purposes.

Risks

• The filing itself does not detail specific risks for Oil States International Inc.
• For The Vanguard Group, the primary risk is ensuring all subsidiaries comply with the new disaggregated reporting requirements following the internal realignment.

Future Outlook

The filing indicates a future state where The Vanguard Group, Inc. will no longer report beneficial ownership for securities held by its realigned subsidiaries, with these entities now reporting separately.

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. will 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.
• The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.
• No one other person's interest in the securities reported herein is more than 5%.
• Securities 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.

Industry Context

StockSavvy.ai notes that this filing reflects a common practice among large asset managers like The Vanguard Group to periodically realign internal reporting structures to comply with regulatory guidance, such as SEC Release No. 34-39538, which allows for disaggregated reporting by subsidiaries. This ensures transparency in beneficial ownership while adapting to organizational changes within complex financial institutions.

Corporate Governance

Stakeholder Impact

• Shareholders (Oil States International Inc.): Minimal direct impact, as the underlying ownership by Vanguard-managed funds likely remains, just reported differently. It clarifies that The Vanguard Group, Inc. itself no longer directly holds beneficial ownership.
• The Vanguard Group: Streamlines internal reporting and ensures compliance with SEC guidelines for its various entities.

Next Steps

• The Vanguard Group's subsidiaries or business divisions will now report their beneficial ownership separately for Oil States International Inc. and other holdings.

Key Dates

Keywords

Vanguard Group, Oil States International, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Ownership Change, Internal Realignment