SCHEDULE: Vanguard Group Reports Zero Beneficial Ownership in PDF Solutions

The Vanguard Group has filed an amended Schedule 13G, reporting zero beneficial ownership in PDF Solutions Inc. following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 6 to Schedule 13G for PDF Solutions Inc. Common Stock.
• The filing reports 0 shares beneficially owned, representing 0% of the class of Common Stock.
• 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 The Vanguard Group, Inc. will now report beneficial ownership separately.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over the securities beneficially owned by these disaggregated entities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a procedural update regarding The Vanguard Group's internal reporting structure rather than a change in investment thesis for PDF Solutions Inc.

Future Outlook

No forward-looking statements or guidance regarding PDF Solutions Inc. are provided in this filing.

Management Comments

• The Vanguard Group, Inc. underwent an internal realignment on January 12, 2026.
• 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 such subsidiaries and/or business divisions.
• Securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that institutional investors like The Vanguard Group frequently adjust their internal reporting structures, which can lead to changes in Schedule 13G filings without necessarily indicating a change in investment strategy or a divestment from the underlying company. This filing represents a procedural update in how Vanguard's beneficial ownership is reported across its various entities.

Stakeholder Impact

• Minimal direct impact on PDF Solutions shareholders, as this filing reflects a change in reporting structure by a large institutional investor rather than a divestment or a change in investment strategy for PDF Solutions Inc.

Next Steps

• Certain subsidiaries or business divisions of The Vanguard Group, Inc. will report beneficial ownership separately for PDF Solutions Inc. in future filings.

Key Dates

Keywords

PDF Solutions Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership, SEC Filing, Investment Management