Vanguard disaggregates, reports 0 Northrim BanCorp (NASDAQ: NRIM)
Rhea-AI Filing Summary
The Vanguard Group amended a Schedule 13G/A reporting its position in Northrim BanCorp Inc. The filing states that, following an internal realignment referenced to January 12, 2026 and SEC Release No. 34-39538, certain Vanguard subsidiaries will report separately and beneficial ownership is 0 shares of Common Stock for The Vanguard Group as reported in this amendment. The filing lists the issuer as Northrim BanCorp Inc and is signed by Ashley Grim on 03/27/2026.
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Insights
Vanguard’s amendment reflects internal account disaggregation, not a market trade.
The filing documents that The Vanguard Group now reports certain subsidiaries separately after an internal realignment referenced to January 12, 2026. The amendment shows 0 shares beneficially owned by The Vanguard Group in Northrim BanCorp under the reporting name.
Cash-flow treatment is not stated; subsequent filings by disaggregated entities may show holdings attributed to those subsidiaries.
The amendment cites SEC Release No. 34-39538 to justify separate reporting.
The statement follows the mechanics authorized by that release: subsidiaries or divisions that previously were aggregated will report separately and Vanguard states it no longer is deemed to beneficially own those securities under the consolidated reporting name. The filing is an ownership disclosure amendment, not an allegation or enforcement action.
Filing date and signature are present: 03/27/2026, signed by Ashley Grim as Head of Global Fund Administration.
FAQ
What does Vanguard report for Northrim BanCorp (NRIM)?
Why did Vanguard change its reporting in the Schedule 13G/A?
Does the filing show any Vanguard subsidiary holdings in NRIM?
When did the realignment that caused disaggregation occur?
Does this Schedule 13G/A indicate a purchase or sale by Vanguard?