SCHEDULE: Vanguard Group Amends Penumbra Stake to 0% Post-Realignment

The Vanguard Group has filed an amended Schedule 13G for Penumbra Inc., reporting 0% beneficial ownership following an internal realignment and disaggregated reporting strategy.

Summary

• The Vanguard Group, Inc. filed an Amendment No. 8 to its Schedule 13G for Penumbra Inc. Common Stock.
• The filing reports that The Vanguard Group, Inc. now beneficially owns 0% of Penumbra Inc.'s common stock.
• This change is due to 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 (on a disaggregated basis).
• 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.
• The reporting person, The Vanguard Group, is classified as an Investment Adviser (IA).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event for Penumbra Inc. as it primarily reflects an internal reporting change by a major institutional investor rather than a strategic investment or divestment decision related to Penumbra's fundamentals.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding Penumbra 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 this filing reflects a common practice among large asset managers like The Vanguard Group to periodically realign internal reporting structures. While it results in a change in the reported beneficial ownership for the parent entity, it does not necessarily indicate a divestment of Penumbra Inc. shares by Vanguard's broader fund family. Instead, it signifies a shift to disaggregated reporting by various Vanguard subsidiaries.

Stakeholder Impact

• Shareholders of Penumbra Inc. will observe a change in the reported beneficial ownership by The Vanguard Group, Inc. as a single entity, now showing 0%.
• Investment professionals tracking institutional ownership will need to account for Vanguard's disaggregated reporting to understand the full extent of its affiliated entities' holdings in Penumbra Inc.

Key Dates

Keywords

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