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Vanguard to have subsidiaries report ORRF holdings separately (ORRF)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Orrstown Financial Services Inc: The Vanguard Group filed a Schedule 13G/A amendment reporting that, after an internal realignment, it beneficially owns 0 shares of Orrstown common stock and will have certain subsidiaries or business divisions report ownership separately pursuant to SEC Release No. 34-39538.

The filing states the subsidiaries pursue the same investment strategies as before the realignment and that The Vanguard Group no longer is deemed to have beneficial ownership over securities held by those subsidiaries.

Positive

  • None.

Negative

  • None.





687380105

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: 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., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), 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.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What does The Vanguard Group report for ORRF ownership?

The Vanguard Group reports 0 shares beneficially owned of ORRF common stock. The filing explains an internal realignment on January 12, 2026, after which certain subsidiaries will report ownership separately under SEC Release No. 34-39538.

Does the filing say Vanguard no longer controls subsidiaries' ORRF holdings?

Yes. The amendment states The Vanguard Group no longer has, or is deemed to have, beneficial ownership of securities held by certain subsidiaries. It explains those subsidiaries will report on a disaggregated basis following the realignment.

Will Vanguard still receive dividends or proceeds for ORRF shares?

The filing states Vanguard, including managed accounts, has the right to receive or direct receipt of dividends or proceeds for the securities reported herein. No other person’s interest exceeds 5% as disclosed in the amendment.

Who signed the Schedule 13G/A for The Vanguard Group?

The amendment is signed by Ashley Grim, Head of Global Fund Administration. The signature block indicates the filing was executed on 03/27/2026 as shown in the document.

Why will subsidiaries report ownership separately for ORRF?

The filing says an internal realignment caused certain subsidiaries or business divisions to report on a disaggregated basis in reliance on SEC Release No. 34-39538. They are said to pursue the same investment strategies as before the realignment.
Orrstown Finl Svcs Inc

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