Vanguard Capital Management Establishes 5.05% Stake in RCI Hospitality Holdings Inc (RICK)

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.05% ownership stake in RCI Hospitality Holdings Inc (RICK). As of the event date on March 31, 2026, Vanguard beneficially owns 390,104 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 390,104 shares, while maintaining sole voting power over 50,655 shares. This position represents a significant increase from a previous ownership of 0.0%, marking Vanguard's entry as a major shareholder. The filing includes holdings across various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Fiduciary Trust Company. Vanguard certified that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. No other single person's interest in the reported securities exceeds 5%.