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Vanguard disaggregates holdings; RMR (RMR) shows 0 shares after realignment

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

Rhea-AI Filing Summary

RMR Group Inc/The filing shows The Vanguard Group reporting 0 shares and 0% beneficial ownership after an internal realignment described in the filing. The filing states that, effective January 12, 2026, certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538; Vanguard no longer is deemed to beneficially own securities held by those subsidiaries. The amendment is signed by Ashley Grim on March 27, 2026.

Positive

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Negative

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Insights

Vanguard disaggregated holdings; reported stake in RMR is zero.

The filing documents an internal reorganization at The Vanguard Group with an effective date of January 12, 2026, and states subsidiaries will report beneficial ownership separately under SEC Release No. 34-39538. The reported amount beneficially owned for RMR common stock is 0 shares (0%).

The practical implication is administrative: this amendment reflects reporting changes rather than an economic sale or purchase. Subsequent separate filings by Vanguard subsidiaries will show any previously aggregated holdings.






74967R106

(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 RMR (RMR)?

The filing reports 0 shares (0%) beneficially owned by The Vanguard Group in RMR common stock. It attributes the zero reporting to a Vanguard internal realignment effective January 12, 2026.

Why does Vanguard say it no longer beneficially owns certain securities?

Vanguard states that, per SEC Release No. 34-39538, certain subsidiaries will report holdings separately after an internal realignment effective January 12, 2026, so Vanguard is no longer deemed to beneficially own those subsidiary holdings.

Does this filing indicate Vanguard sold RMR shares?

No. The amendment describes an internal reporting realignment and disaggregation under SEC guidance; it does not state that Vanguard executed market sales of RMR shares in this excerpt.

Who signed the amendment and when was it signed?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, with a signature date of March 27, 2026, certifying the filing content.

Will Vanguard subsidiaries report RMR holdings separately?

Yes. The filing says certain Vanguard subsidiaries or business divisions will report beneficial ownership separately and pursue the same investment strategies as before the realignment, in reliance on SEC Release No. 34-39538.
RMR Group Inc

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