SCHEDULE: Vanguard Discloses 5.6% Stake in RPM International

Vanguard Portfolio Management has reported beneficial ownership of 5.6% of RPM International Inc.'s common stock as of March 31, 2026.

Summary

• Vanguard Portfolio Management, along with its affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, has filed a Schedule 13G.
• This filing indicates beneficial ownership of 7,177,004 shares of RPM International Inc. common stock.
• This holding represents 5.6% of the total class of securities.
• The reporting date for this ownership is March 31, 2026.
• Vanguard Portfolio Management exercises sole dispositive power over these shares.
• Vanguard Portfolio Management has sole voting power over 15,387 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, indicating a significant institutional investor's sustained interest in RPM International, but without new performance data or strategic shifts.

Positives

• Vanguard's significant stake suggests confidence in RPM International's long-term prospects.
• The filing indicates that Vanguard funds and managed accounts have the right to receive dividends and proceeds from the sale of these securities, implying a direct financial interest.

Negatives

• The filing does not contain any negative financial information or performance indicators for RPM International.

Risks

• The filing does not explicitly mention any risks associated with RPM International's business operations or the investment itself.

Future Outlook

The filing is a disclosure of current ownership and does not contain forward-looking statements or guidance regarding RPM International's future performance.

Management Comments

• "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."
• "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."
• "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."

Industry Context

StockSavvy.ai notes that large institutional investors like Vanguard filing Schedule 13G forms often signal a stable, long-term investment thesis in established companies within the industrial sector, such as RPM International, which operates in specialty coatings, sealants, and building materials.

Stakeholder Impact

• Shareholders: The filing confirms Vanguard as a substantial, passive investor, which can be seen as a stabilizing factor for the stock price.
• Management: The company is aware of Vanguard's significant ownership, which aligns with standard corporate governance practices.
• Creditors: No direct impact on creditors is indicated by this ownership filing.

Next Steps

• Vanguard will continue to hold its position in RPM International, subject to its investment mandates.
• RPM International will continue its business operations as usual, with Vanguard as a significant shareholder.

Key Dates

Keywords

RPM International, Vanguard, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, SEC Filing, Vanguard Portfolio Management, Vanguard Fiduciary Trust Company, Vanguard Global Advisers