SCHEDULE 13G: State Street Corporation Discloses 4.9% Stake in RPM International Inc.

State Street Corporation has filed a Schedule 13G, reporting beneficial ownership of 4.9% of RPM International Inc.'s common stock as of March 31, 2025.

Summary

• State Street Corporation, a Massachusetts-based entity, has filed a Schedule 13G with the SEC regarding its beneficial ownership in RPM International Inc.
• As of March 31, 2025, State Street Corporation beneficially owns an aggregate of 6,307,778 shares of RPM International Inc.'s common stock.
• This ownership represents 4.9% of the class of securities.
• State Street Corporation holds shared voting power over 5,459,957 shares and shared dispositive power over all 6,307,778 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of RPM International Inc.
• The beneficial ownership is held through various investment adviser subsidiaries, including SSGA Funds Management, Inc., and several State Street Global Advisors entities across different regions.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment as it does not report on company performance, strategic changes, or financial results, but rather a routine regulatory filing by an institutional investor.

Future Outlook

NA

Management Comments

• "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." (Certification by Elizabeth Schaefer, Senior Vice President, Chief Accounting Officer of State Street Corporation).

Industry Context

This Schedule 13G filing indicates that State Street Corporation, a major institutional investor and asset manager, holds a significant but non-controlling stake in RPM International Inc. Such filings are routine disclosures by large investment firms that acquire more than 5% of a company's stock, or in this case, are close to 5% and are filing under 13d-1(b) as a qualified institutional investor. It signifies a passive investment, as State Street certifies it does not intend to influence or change control of RPM International Inc. This is common for index funds or large diversified portfolios managed by entities like State Street Global Advisors.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment intent.
• Management: Awareness of a large, passive institutional holder.
• Regulatory Bodies: Fulfills SEC disclosure requirements for beneficial ownership.

Key Dates

Keywords

State Street Corporation, RPM International Inc, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Adviser, Passive Investment