RDN (RDN) Form 144: Affiliate plans to sell 15,000 shares via Fidelity

Rhea-AI Filing Summary

Issuer filed a Form 144 disclosing proposed affiliate sales of common stock. The notice lists a proposed sale of 15,000 shares through Fidelity Brokerage Services for $570,000. The filing also records recent dispositions by Edward J. Hoffman on 04/10/2026, 04/17/2026, 04/23/2026, and 04/29/2026 totaling reported proceeds of $1,605,000 across four trades.

Key Figures

Proposed sale: 15,000 shares Proposed sale proceeds: $570,000 04/10/2026 trade: 1,991 shares +5 more

8 metrics

Proposed sale 15,000 shares proposed through Fidelity Brokerage Services

Proposed sale proceeds $570,000 amount listed next to the 15,000-share line

04/10/2026 trade 1,991 shares reported disposition by Edward J. Hoffman

04/10/2026 proceeds $69,685.00 gross proceeds reported for 04/10/2026 trade

04/17/2026 trade 13,009 shares reported disposition by Edward J. Hoffman

04/17/2026 proceeds $455,315.00 gross proceeds reported for 04/17/2026 trade

04/23/2026 & 04/29/2026 trades 15,000 shares; 15,000 shares two reported dispositions by Edward J. Hoffman

04/23/2026 & 04/29/2026 proceeds $540,000.00; $555,000.00 gross proceeds reported for those trades

Key Terms

Form 144, Restricted Stock Vesting, Stock Option Exercise, Fidelity Brokerage Services LLC

4 terms

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting financial

"Restricted Stock Vesting | Issuer | 2402 | 05/15/2024"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Stock Option Exercise financial

"Stock Option Exercise | Issuer | 2859 | 06/14/2024"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Fidelity Brokerage Services LLC market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	15000	570000.00	136272409	05/08/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2024	Restricted Stock Vesting	Issuer			2402	05/15/2024	Compensation
Common	06/14/2024	Stock Option Exercise	Issuer			2859	06/14/2024	Cash
Common	05/15/2025	Restricted Stock Vesting	Issuer			9739	05/15/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	04/10/2026	1991	69685.00
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	04/17/2026	13009	455315.00
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	04/23/2026	15000	540000.00
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	04/29/2026	15000	555000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does RDN's Form 144 disclose about proposed sales?

The Form 144 discloses a proposed sale of 15,000 shares through Fidelity Brokerage Services for $570,000. It lists the security as Common Stock and records timing and intermediary details as provided in the notice.

Who reported recent sales in the RDN filing and when?

The filing shows recent dispositions reported by Edward J. Hoffman on 04/10/2026, 04/17/2026, 04/23/2026, and 04/29/2026. Each entry lists the number of shares and gross proceeds for the reported trades.

How many shares and proceeds are shown for Hoffman’s April transactions?

The April entries list 1,991 shares for $69,685, 13,009 shares for $455,315, 15,000 shares for $540,000, and 15,000 shares for $555,000, with the dates shown in the filing.

Does the Form 144 show how the listed securities were acquired?

Yes. The filing lists acquisition types including Restricted Stock Vesting (with specific vesting dates) and Stock Option Exercise, and indicates the issuer as the source for those acquired shares where shown.

Is there evidence in the filing of planned sale methods or broker details for RDN?

The notice names Fidelity Brokerage Services LLC as the broker for the 15,000-share line and lists a NYSE designation. The filing provides brokerage identity and per-trade quantities as shown in the excerpt.