Research Solutions, Inc. (RSSS) shareholders
RSSSNasdaqServices-Business Services, NECFiscal year ends June 30
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 11, 2026Score 14/3028% below fair value
$1.94+0.00 (0.00%)
Close on Nov 12, 2026Market cap $65.50MP/E 21.6Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
32.4%
11M of 34M shares
Institutional holders
36
3 new, 6 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| George A. Needham Joint filing with Needham Investment Management L.L.C. (8.83%), Needham Asset Management, LLC (8.83%) and 1 more | 2,875,000 | 8.83% | 13G (passive) amendment | Sep 30, 2024 |
| Witmer Richard H. | 2,608,448 | 8.00% | 13G (passive) amendment | Dec 31, 2023 |
| Punch & Associates Investment Management, Inc. | 2,330,120 | 7.20% | 13G (passive) | Dec 31, 2024 |
| Jad Fakhry Joint filing with Poplar Point Capital Management LLC (7.08%) | 2,329,374 | 7.08% | 13G (passive) amendment | Mar 31, 2026 |
| Jeffrey Bronchick Joint filing with Cove Street Capital, LLC (5.81%) | 1,907,961 | 5.87% | 13D (active) amendment | Dec 3, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RSSS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Needham Investment Management LLC | 3,155,000 | 9.34% | $7.32M | – | 0.22% |
| Punch & Associates Investment Management, Inc. | 2,552,455 | 7.56% | $5.92M | – | 0.29% |
| Vanguard Capital Management LLC | 1,147,020 | 3.40% | $2.66M | +13,549 | 0.00% |
| Luxor Capital Group, LP | 651,959 | 1.93% | $1.51M | – | 0.06% |
| Bard Associates Inc | 608,979 | 1.80% | $1.41M | +577 | 0.31% |
| Parthenon LLC | 392,284 | 1.16% | $910.10K | – | 0.09% |
| Dynamic Advisor Solutions LLC | 365,599 | 1.08% | $848.19K | +47,907 | 0.02% |
| North Star Investment Management Corp. | 357,000 | 1.06% | $828.24K | +23,482 | 0.05% |
| Geode Capital Management, LLC | 295,106 | 0.87% | $684.79K | −40,053 | 0.00% |
| Navalign, LLC | 196,126 | 0.58% | $455.01K | −55,000 | 0.11% |
| Vanguard Fiduciary Trust Co | 173,881 | 0.52% | $403.40K | +22,516 | 0.00% |
| LPL Financial LLC | 146,307 | 0.43% | $339.43K | – | 0.00% |
| BlackRock, Inc. | 143,288 | 0.42% | $332.43K | +23,050 | 0.00% |
| Renaissance Technologies LLC | 105,990 | 0.31% | $245.90K | −70,910 | 0.00% |
| 4Thought Financial Group Inc. | 83,406 | 0.25% | $193.50K | – | 0.09% |
| Dimensional Fund Advisors LP | 82,442 | 0.24% | $191.27K | +4,480 | 0.00% |
| Integrated Quantitative Investments LLC | 72,500 | 0.21% | $168.20K | – | 0.03% |
| Northern Trust Corp | 61,042 | 0.18% | $141.62K | +4,423 | 0.00% |
| State Street Corp | 58,807 | 0.17% | $136.43K | – | 0.00% |
| Sentinus, LLC | 51,300 | 0.15% | $119.02K | – | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 36 | 11M | 32.4% | 3 / 11 | 7 / 6 | 0M | 1M |
| Q1 2026 | 39 | 12M | 34.4% | 8 / 11 | 9 / 7 | 2M | 1M |
| Q4 2025 | 40 | 12M | 35.1% | 7 / 17 | 5 / 13 | 1M | 1M |
| Q3 2025 | 49 | 13M | 37.8% | 12 / 14 | 13 / 8 | 1M | 1M |
| Q2 2025 | 46 | 13M | 39.2% | 6 / 12 | 18 / 6 | 0M | 0M |
| Q1 2025 | 46 | 13M | 39.3% | 7 / 17 | 14 / 8 | 1M | 1M |
| Q4 2024 | 48 | 14M | 40.6% | 15 / 17 | 9 / 4 | 3M | 1M |
| Q3 2024 | 37 | 12M | 36.8% | 6 / 11 | 11 / 2 | 1M | 0M |
| Q2 2024 | 34 | 11M | 33.8% | 5 / 17 | 6 / 2 | 2M | 1M |
| Q1 2024 | 31 | 10M | 30.4% | 5 / 9 | 10 / 3 | 1M | 0M |
| Q4 2023 | 29 | 9M | 27.5% | 4 / 16 | 5 / 3 | 1M | 0M |
| Q3 2023 | 29 | 8M | 25.1% | 5 / 13 | 5 / 2 | 2M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
24 funds held RSSS in Q2 2026, 24% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of RSSS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Needham Aggressive Growth Fund | 3,155,000 | 9.34% | $7.32M | 0.28% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 826,297 | 2.45% | $1.92M | 0.00% | Jun 30, 2026 |
| North Star Micro Cap Fund | 357,000 | 1.06% | $778.26K | 0.42% | May 31, 2026 |
| Vanguard Extended Market Index Fund | 287,067 | 0.85% | $666.00K | 0.00% | Jun 30, 2026 |
| The Adirondack Small Cap Fund | 196,979 | 0.58% | $445.17K | 0.89% | Mar 31, 2026 |
| Fidelity Extended Market Index Fund | 166,334 | 0.49% | $362.61K | 0.00% | May 31, 2026 |
| iShares Micro-Cap ETF | 92,763 | 0.27% | $215.21K | 0.01% | Jun 30, 2026 |
| Fidelity Total Market Index Fund | 45,632 | 0.14% | $99.48K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 38,424 | 0.11% | $83.76K | 0.00% | May 31, 2026 |
| Vanguard Institutional Total Stock Market Index Fund | 18,808 | 0.06% | $43.63K | 0.00% | Jun 30, 2026 |
| Schwab Total Stock Market Index Fund | 18,069 | 0.05% | $39.75K | 0.00% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 16,973 | 0.05% | $37.00K | 0.00% | May 31, 2026 |
| Vanguard Balanced Index Fund | 14,848 | 0.04% | $34.45K | 0.00% | Jun 30, 2026 |
| 1290 VT Micro Cap Portfolio | 6,306 | 0.02% | $14.63K | 0.01% | Jun 30, 2026 |
| U.S. Vector Equity Portfolio | 5,649 | 0.02% | $12.43K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Roy W. Olivier | CEO & President, Director | 606,825 | 1.80% | Sep 26, 2025 |
| Sefton Cohen | Chief Revenue Officer | 75,933 | 0.22% | Aug 3, 2026 |
| David Kutil | CFO & Secretary | 29,242 | 0.09% | Dec 22, 2025 |
| William Nurthen | CFO & Secretary | 378,382 | 1.12% | Sep 26, 2025 |
| Scott Ahlberg | Chief Operating Officer | 543,549 | 1.61% | Jun 23, 2025 |
| Kenneth L. Gayron | Director | – | – | Dec 16, 2025 |
| Merrill A. McPeak | Director | 484,608 | 1.44% | Dec 12, 2025 |
| John J. Regazzi | Director | 393,500 | 1.17% | Nov 21, 2025 |
| Barbara J. Cooperman | Director | – | – | Nov 14, 2025 |
| Jeremy Murphy | Director | – | – | Nov 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Sefton Cohen Chief Revenue Officer | Jul 31, 2026 | Returned to company | −284,000 | $2.20 | $624.80K | 75,933 |
| Sefton Cohen Chief Revenue Officer | Mar 18, 2026 | Award | +80,000 | $2.29 | $183.20K | 359,933 |
| David Kutil CFO & Secretary | Dec 19, 2025 | Tax withholding | −758 | $2.89 | $2.19K | 29,242 |
| David Kutil CFO & Secretary | Dec 10, 2025 | Award | +30,000 | $3.00 | $90.00K | 30,000 |
| John J. Regazzi Director | Nov 17, 2025 | Option exercise | +150,000 | $0.70 | $105.00K | 318,500 |
| Merrill A. McPeak Director | Nov 12, 2025 | Option exercise | +75,000 | $0.70 | $52.50K | 484,608 |
| William Nurthen CFO & Secretary | Sep 19, 2025 | Tax withholding | −2,225 | $3.66 | $8.14K | 378,382 |
| Roy W. Olivier CEO & President, Director | Sep 19, 2025 | Tax withholding | −1,428 | $3.66 | $5.23K | 606,825 |
| Roy W. Olivier CEO & President, Director | Jun 20, 2025 | Tax withholding | −2,126 | $2.69 | $5.72K | 608,253 |
| Scott Ahlberg Chief Operating Officer | Jun 20, 2025 | Tax withholding | −933 | $2.69 | $2.51K | 543,549 |
| William Nurthen CFO & Secretary | Jun 20, 2025 | Tax withholding | −2,909 | $2.69 | $7.83K | 380,607 |
| Merrill A. McPeak Director | Jun 18, 2025 | Option exercise | +75,000 | $1.10 | $82.50K | 409,608 |
| John J. Regazzi Director | Jun 5, 2025 | Option exercise | +30,000 | $1.10 | $33.00K | 152,500 |
| John J. Regazzi Director | Jun 5, 2025 | Option exercise | +16,000 | $0.80 | $12.80K | 168,500 |
| Merrill A. McPeak Director | May 2, 2025 | Option exercise | +50,000 | $1.05 | $52.50K | 334,608 |
| Scott Ahlberg Chief Operating Officer | Mar 20, 2025 | Tax withholding | −21,980 | $2.85 | $62.64K | 544,482 |
| Sefton Cohen Chief Revenue Officer | Mar 20, 2025 | Tax withholding | −35,086 | $2.85 | $100.00K | 279,933 |
| William Nurthen CFO & Secretary | Mar 20, 2025 | Tax withholding | −41,688 | $2.85 | $118.81K | 383,516 |
| Roy W. Olivier CEO & President, Director | Mar 20, 2025 | Tax withholding | −44,468 | $2.85 | $126.73K | 610,379 |
| Roy W. Olivier CEO & President, Director | Dec 20, 2024 | Tax withholding | −1,986 | $3.93 | $7.80K | 654,847 |
| William Nurthen CFO & Secretary | Dec 20, 2024 | Tax withholding | −2,204 | $3.93 | $8.66K | 425,204 |
| Sefton Cohen Chief Revenue Officer | Dec 20, 2024 | Tax withholding | −24,981 | $3.93 | $98.18K | 315,019 |
| Scott Ahlberg Chief Operating Officer | Dec 20, 2024 | Tax withholding | −919 | $3.93 | $3.61K | 566,462 |
| Sefton Cohen Chief Revenue Officer | Nov 12, 2024 | Award | +340,000 | – | – | 340,000 |
| Shane Alan Hunt Chief Revenue Officer | Sep 20, 2024 | Tax withholding | −530 | $2.82 | $1.49K | 385,752 |
| William Nurthen CFO & Secretary | Sep 20, 2024 | Tax withholding | −2,865 | $2.82 | $8.08K | 427,408 |
| Roy W. Olivier CEO & President, Director | Sep 20, 2024 | Tax withholding | −2,975 | $2.82 | $8.39K | 656,833 |
| Scott Ahlberg Chief Operating Officer | Sep 20, 2024 | Tax withholding | −1,837 | $2.82 | $5.18K | 567,381 |
| Scott Ahlberg Chief Operating Officer | Jun 20, 2024 | Tax withholding | −2,763 | $2.63 | $7.27K | 569,218 |
| Shane Alan Hunt Chief Revenue Officer | Jun 20, 2024 | Tax withholding | −713 | $2.63 | $1.88K | 386,282 |
| Roy W. Olivier CEO & President, Director | Jun 20, 2024 | Tax withholding | −3,953 | $2.63 | $10.40K | 659,808 |
| William Nurthen CFO & Secretary | Jun 20, 2024 | Tax withholding | −3,824 | $2.63 | $10.06K | 430,273 |
| Peter Derycz 10% owner | Mar 22, 2024 | Sale | −2,576 | $2.85 | $7.34K | 2,955,587 |
| Peter Derycz 10% owner | Mar 21, 2024 | Sale | −26,517 | $2.86 | $75.84K | 2,958,163 |
| Peter Derycz 10% owner | Mar 20, 2024 | Sale | −40,402 | $2.87 | $115.95K | 2,984,680 |
| Shane Alan Hunt Chief Revenue Officer | Mar 20, 2024 | Tax withholding | −22,955 | $2.85 | $65.42K | 386,995 |
| Roy W. Olivier CEO & President, Director | Mar 20, 2024 | Tax withholding | −32,265 | $2.85 | $91.96K | 663,761 |
| William Nurthen CFO & Secretary | Mar 20, 2024 | Tax withholding | −29,472 | $2.85 | $84.00K | 434,097 |
| Scott Ahlberg Chief Operating Officer | Mar 20, 2024 | Tax withholding | −17,029 | $2.85 | $48.53K | 571,981 |
| Peter Derycz 10% owner | Jan 24, 2024 | Sale | −61 | $2.70 | $165 | 3,025,082 |
| Peter Derycz 10% owner | Jan 23, 2024 | Sale | −11,503 | $2.71 | $31.17K | 3,025,143 |
| Peter Derycz 10% owner | Jan 22, 2024 | Sale | −30,262 | $2.63 | $79.59K | 3,036,646 |
| Peter Derycz 10% owner | Jan 19, 2024 | Sale | −1,266 | $2.60 | $3.29K | 3,066,908 |
| Peter Derycz 10% owner | Jan 18, 2024 | Sale | −20,113 | $2.60 | $52.29K | 3,068,174 |
| Peter Derycz 10% owner | Jan 17, 2024 | Sale | −10 | $2.60 | $26 | 3,088,287 |
| Peter Derycz 10% owner | Jan 16, 2024 | Sale | −22 | $2.60 | $57 | 3,088,297 |
| Peter Derycz 10% owner | Jan 12, 2024 | Sale | −636 | $2.60 | $1.65K | 3,088,319 |
| Peter Derycz 10% owner | Jan 11, 2024 | Sale | −3,497 | $2.60 | $9.09K | 3,088,955 |
| Peter Derycz 10% owner | Jan 10, 2024 | Sale | −8,756 | $2.60 | $22.77K | 3,092,452 |
| Peter Derycz 10% owner | Jan 9, 2024 | Sale | −69,676 | $2.70 | $188.13K | 3,101,208 |
| Peter Derycz 10% owner | Jan 8, 2024 | Sale | −15,000 | $2.71 | $40.65K | 3,170,884 |
| Peter Derycz 10% owner | Jan 5, 2024 | Sale | −9,524 | $2.63 | $25.05K | 3,185,884 |
| Peter Derycz 10% owner | Jan 4, 2024 | Sale | −476 | $2.60 | $1.24K | 3,195,408 |
| Peter Derycz 10% owner | Jan 3, 2024 | Sale | −7,367 | $2.62 | $19.30K | 3,195,884 |
| Peter Derycz 10% owner | Jan 2, 2024 | Sale | −1,353 | $2.60 | $3.52K | 3,203,251 |
| Peter Derycz 10% owner | Dec 29, 2023 | Sale | −2,153 | $2.61 | $5.62K | 3,204,604 |
| Peter Derycz 10% owner | Dec 28, 2023 | Sale | −383 | $2.60 | $996 | 3,206,757 |
| Peter Derycz 10% owner | Dec 27, 2023 | Sale | −17,111 | $2.64 | $45.17K | 3,207,140 |
| Peter Derycz 10% owner | Dec 26, 2023 | Sale | −9,711 | $2.61 | $25.35K | 3,224,251 |
| Peter Derycz 10% owner | Dec 22, 2023 | Sale | −20,224 | $2.65 | $53.59K | 3,241,552 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
0.13%
0M shares short
Days to cover
1.1
At 0M shares a day
Change since last report
-33.5%
From 0M shares
Short volume, 20 days
24.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Research Solutions's stock actually held short. Settlement fails (shares not delivered on time) peaked at 99,890 shares on Sep 29, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Peter Derycz 10% Stockholder | Mar 19, 2024 | 326,200 | $959.00K | Mar 19, 2024 | Seller acquired the shares to be sold directly from the Issuer in exchange for shares in a company named Reprints Desk. |
| Peter Derycz 10% Stockholder | Dec 19, 2023 | 278,240 | $792.98K | Dec 20, 2023 | Seller acquired the shares to be sold directly from the Issuer in exchange for shares in a company named Reprints Desk. |
See a number that looks wrong?