Vanguard Portfolio Management (PII) discloses 2.94M-share Polaris Inc stake on Schedule 13G

Rhea-AI Filing Summary

Vanguard Portfolio Management LLC, together with specified affiliates, reports beneficial ownership of 2,944,544 shares of Polaris Inc common stock on a Schedule 13G. This represents 5.17% of the class.

Vanguard has sole voting power over 51,802 shares and sole dispositive power over 2,944,544 shares, with no shared voting or dispositive power. The holdings include securities held by Vanguard funds and managed accounts over which Vanguard or its listed affiliates exercise voting and/or dispositive power. Vanguard states that, although various funds and accounts have rights to dividends or sale proceeds, no single other person’s interest exceeds 5% of the class.

Key Figures

Beneficial ownership: 2,944,544 shares Percent of class: 5.17 % Sole voting power: 51,802 shares +3 more

6 metrics

Beneficial ownership 2,944,544 shares Amount of Polaris Inc common stock beneficially owned by Vanguard Portfolio Management

Percent of class 5.17 % Percentage of Polaris Inc common stock class beneficially owned

Sole voting power 51,802 shares Shares of Polaris Inc over which Vanguard has sole power to vote

Shared voting power 0 Shares of Polaris Inc over which Vanguard has shared power to vote

Sole dispositive power 2,944,544 shares Shares of Polaris Inc over which Vanguard has sole power to dispose

Shared dispositive power 0 Shares of Polaris Inc over which Vanguard has shared power to dispose

Key Terms

beneficially owned, dispositive power, Schedule 13G, Investment Company Act of 1940

4 terms

beneficially owned financial

"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

dispositive power financial

"exercises dispositive power, in addition to securities held by clients"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"In accordance with SEC Release No. 34-39538 ... reported herein on Schedule 13G"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Investment Company Act of 1940 regulatory

"investment companies registered under the Investment Company Act of 1940 and other managed accounts"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/31/2026 - 11:38 AM Accepted by SEC EDGAR 07/31/2026 - 11:37 AM Learn about SEC filing dates

FAQ

What percentage of Polaris Inc (PII) does Vanguard Portfolio Management report owning?

Vanguard Portfolio Management reports beneficial ownership of 5.17% of Polaris Inc’s common stock. This corresponds to 2,944,544 shares held across Vanguard funds and managed accounts with varying voting and dispositive powers.

How many Polaris Inc (PII) shares does Vanguard Portfolio Management beneficially own?

Vanguard Portfolio Management reports beneficial ownership of 2,944,544 shares of Polaris Inc common stock. These holdings reflect securities over which Vanguard and certain affiliates exercise dispositive and, in some cases, voting power.

What voting power does Vanguard Portfolio Management have over Polaris Inc (PII) shares?

Vanguard Portfolio Management has sole voting power over 51,802 shares of Polaris Inc and no shared voting power. It has broader sole dispositive power over 2,944,544 shares, indicating control over how those shares may be sold.

Does any other person hold more than 5% interest through Vanguard’s Polaris Inc (PII) holdings?

No. Vanguard states that while funds and accounts may receive dividends or sale proceeds from Polaris Inc shares, no one other person’s interest in the reported securities exceeds 5% of the class.

Who is the reporting person on this Schedule 13G for Polaris Inc (PII)?

The reporting person is Vanguard Portfolio Management LLC, together with specified affiliates such as Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, which collectively manage the Polaris Inc shares reported as beneficially owned.

What type of filing did Vanguard make regarding Polaris Inc (PII)?

Vanguard filed a Schedule 13G regarding Polaris Inc common stock. This form reports passive beneficial ownership exceeding 5% of a class of registered equity securities, without indicating an activist intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Polaris Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

731068102

(CUSIP Number)

06/30/2026

(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

CUSIP Number(s): 731068102

1

Names of Reporting Persons

Vanguard Portfolio Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 51,802.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,944,544.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,944,544.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.17 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Polaris Inc
(b)	Address of issuer's principal executive offices: 2100 Highway 55, Medina, MN, 55340
Item 2.
(a)	Name of person filing: Vanguard Portfolio Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 731068102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2944544
(b)	Percent of class: 5.17 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 51802
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2944544
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Portfolio Management, 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 or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

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.

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.

Vanguard Portfolio Management

Signature:	My Trieu-Gatt
Name/Title:	Authorized Signatory, Head of Global Fund Administration
Date:	07/31/2026