SCHEDULE: First Trust Entities Report Negligible Stake in Resources Connection

First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly filed a Schedule 13G reporting a 0.00% beneficial ownership in Resources Connection, Inc.

Summary

• First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation jointly filed a Schedule 13G (Amendment No. 1) regarding their beneficial ownership of common stock in Resources Connection, Inc.
• The reporting group collectively beneficially owns 191 shares of Resources Connection, Inc. common stock.
• This aggregate amount represents 0.00% of the issuer's class of securities.
• The event requiring this filing occurred on September 30, 2025.
• First Trust Portfolios L.P. is identified as a broker or dealer, First Trust Advisors L.P. as an investment adviser, and The Charger Corporation as a parent holding company.
• The Charger Corporation is the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P.
• First Trust Portfolios L.P. sponsors unit investment trusts that hold shares of the issuer, while First Trust Advisors L.P. acts as portfolio supervisor for these trusts.
• The reporting persons disclaim beneficial ownership of the shares, noting that voting power for unit investment trust shares is exercised by the trustee, generally in proportion to other owners.
• The shares are held in unit investment trusts, other registered investment companies, pooled investment vehicles, and/or separately managed accounts.

Sentiment

Score: 5

Explanation: The filing reports a negligible 0.00% beneficial ownership, which is a neutral event with no material positive or negative implications for the issuer or its stock price.

Positives

• NA

Negatives

• NA

Risks

• No specific risks related to Resources Connection, Inc. were mentioned in this beneficial ownership filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the issuer's future outlook.

Industry Context

This filing is a routine disclosure of beneficial ownership by institutional investors and does not provide specific insights into broader industry trends or competitive positioning for Resources Connection, Inc. The reported ownership is negligible, indicating no material change in institutional interest from this group.

Comparison to Industry Standards

• This Schedule 13G filing reports a negligible 0.00% ownership stake, which is not comparable to significant institutional holdings or activist investor positions typically seen in the market. For instance, major institutional investors like Vanguard or BlackRock often report holdings exceeding 5% in numerous public companies, which would trigger more substantial disclosure requirements and potentially signal significant investment conviction. The reported 191 shares are a de minimis amount, not indicative of a strategic investment or a material position relative to the company's total outstanding shares.

Related Party Transactions

• The filing details the relationship between the reporting persons: The Charger Corporation is the General Partner of both First Trust Portfolios L.P. and First Trust Advisors L.P. This structure facilitates the joint filing of the Schedule 13G.

Stakeholder Impact

• The negligible 0.00% beneficial ownership reported by the First Trust entities is highly unlikely to have any material impact on shareholders, employees, customers, suppliers, or creditors of Resources Connection, Inc.

Next Steps

• No specific future actions, events, or milestones for Resources Connection, Inc. were mentioned in this filing.

Key Dates

Keywords

Resources Connection Inc, RGP, First Trust Portfolios, First Trust Advisors, The Charger Corporation, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Broker Dealer, Parent Holding Company