Unable to create a repeating quarterly event in Apple's Calendar application

I’d like to create a calendar event for a quarterly review that repeats on the last Saturday of every quarter. That is, on the last Saturday of March, June, September and December. I’ve tried two approaches, neither of which work and I just can’t seem to figure out why Calendar doesn’t create the event.

First I created a custom rule to repeat the event yearly, chose the above months and the rule “On the: last Saturday”.

For the second attempt I chose to repeat the event monthly, specifying the rule “Every 3 months” and “On the: last Saturday”.

After creating the event, Calendar shows the rule for repetition as “Custom…”, which seems to imply that the rule was accepted. But when I close and re-open the event details, the rule has changed to Never and the event of course doesn’t appear in the following quarters.

Is there an error in my thinking in that while the repetition rule makes sense to me, it can’t in fact be created in this same way with the rules the program follows?

It is quirky, at best. Using your second method I could get the repeat for the third or fourth Saturday of the month, but choosing the fifth or last didn’t want to cooperate!

Same here. This should have worked. But it did not - excatly as you have described.

Then, I did the same in BusyCal. Every 3 months and on the last Saturday. It worked - and showed up fine in Apple Calendar after that.

Looks like a bug to me. Maybe something for Apple?!