STOCK TITAN

Director files notice to sell 7,000 RDN shares (NYSE: RDN)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

RDN notice: an insider submitted a Form 144 disclosing planned sales tied to recent vesting and prior dispositions. The filing lists 7,000 shares of Common Stock associated with restricted stock vesting on 05/21/2026, and reports 24,000 shares sold on 06/09/2026 for $817,650.14.

Positive

  • None.

Negative

  • None.

Insights

Form 144 shows routine insider disposition activity tied to compensation vesting and an earlier sale.

The filing lists 7,000 shares as securities to be sold following restricted stock vesting on 05/21/2026. It separately records a completed sale of 24,000 shares on 06/09/2026 for $817,650.14.

These items are procedural disclosures under resale rules; cash‑flow treatment and any planned method of sale are not specified in the excerpt. Subsequent filings or broker records would show execution details and potential remaining holdings.

Securities to be sold 7,000 shares Restricted stock vesting on <date>05/21/2026</date>
Shares sold (past 3 months) 24,000 shares Sale date <date>06/09/2026</date>
Proceeds reported $817,650.14 Consideration for 24,000 shares sold on <date>06/09/2026</date>
Form 144 regulatory
"144: Securities To Be Sold"
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"
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.
Securities Sold During The Past 3 Months regulatory
"Securities Sold During The Past 3 Months | 06/09/2026"
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does RDN's Form 144 disclose about the 7,000 shares?

The Form 144 lists 7,000 shares as tied to restricted stock vesting on 05/21/2026. The entry classifies the shares as compensation-related and indicates they are securities to be sold under resale rules.

Did an RDN insider recently sell shares reported in this filing?

Yes — the filing reports a prior sale of 24,000 shares on 06/09/2026 for $817,650.14. That transaction is listed under "Securities Sold During The Past 3 Months."

Who is named in the disclosure for recent sales at RDN?

The filing names Gregory V. Serio with an address and records his sale of 24,000 shares on 06/09/2026 for $817,650.14. No further parties are identified for the 7,000-share entry.

Are the proceeds or sale method for the 7,000 shares specified?

No — the excerpt states the 7,000 shares are from restricted stock vesting (compensation) but does not state proceeds or the planned sale method. Execution details are not provided in the excerpt.