Vanguard Discloses Minimal Shared Voting Power in Beazer Homes

TL;DR

**Vanguard reported shared voting power over just 5 shares of Beazer Homes, a tiny, likely technical disclosure.**

AI Summary

The Vanguard Group, a major investment firm, filed an SC 13G on February 13, 2024, disclosing its ownership in Beazer Homes USA Inc. As of December 29, 2023, Vanguard reported having shared voting power over 5 shares of Beazer Homes' common stock. This filing indicates Vanguard's passive investment in the homebuilder, which is important for investors as it shows institutional interest, albeit a very small stake in this specific filing, in the company's stock.

Why It Matters

This filing shows Vanguard's passive investment in Beazer Homes, which can signal institutional confidence, though the reported shared voting power of 5 shares is exceptionally small and likely a technical disclosure.

Risk Assessment

Risk Level: low — This filing indicates a very small, passive stake by a large institutional investor, posing minimal direct risk or opportunity based on the disclosed share count.

Analyst Insight

Given the extremely small number of shares (5) reported with shared voting power, this specific filing provides no actionable insight for investors. It's likely a technical disclosure and does not reflect a material investment change by Vanguard in Beazer Homes.

Key Numbers

• 5 — Shared Voting Power Shares (The number of Beazer Homes USA Inc. common stock shares over which The Vanguard Group has shared voting power.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and investment firm
• Beazer Homes USA Inc (company) — issuer of the securities
• 5 (dollar_amount) — number of shares with shared voting power
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — date the filing was made

Forward-Looking Statements

• Vanguard's overall stake in Beazer Homes will remain largely passive, with any significant changes in ownership likely reported in subsequent 13F filings rather than 13G amendments for this specific, minimal shared voting power. (The Vanguard Group) — high confidence, target: Next 13F filing (approx. May 2024)

FAQ

Filing Documents

• tv0417-beazerhomesusainc.htm (SC 13G) — 11KB
• 0001104659-24-020414.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Beazer Homes USA Inc

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 2002 Summit Boulevard, 15th floor Atlanta, GA 30319

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 07556Q881

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, 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%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: 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 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. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G filing on SEC EDGAR