Fidelity lists planned RDN share sales (NYSE: RDN) tied to vesting

Rhea-AI Filing Summary

Fidelity Brokerage Services LLC submitted a Form 144 notice for proposed sales of Common Stock tied to restricted stock vesting. The notice lists planned dispositions associated with vesting dates 05/15/2023, 05/15/2025, 05/15/2026, and 05/21/2026, with individual share amounts shown.

Insights

Securities Counsel

Form 144 notice lists planned Rule 144 dispositions following restricted stock vesting.

The filing records planned sales of Common Stock tied to restricted stock vesting events on specific dates with discrete share amounts. This form is a regulatory notice of intent to sell by an affiliate and does not itself report completed transactions.

Cash‑flow treatment and whether sales occur under Rule 144 volume limits or other distribution methods are not shown in the excerpt; subsequent transaction filings would confirm actual sales.

Key Figures

Planned shares (vesting 05/15/2023): 344 shares Planned shares (vesting 05/15/2025): 5,098 shares Planned shares (vesting 05/15/2026): 4,832 shares +3 more

6 metrics

Planned shares (vesting 05/15/2023) 344 shares Restricted Stock Vesting 05/15/2023

Planned shares (vesting 05/15/2025) 5,098 shares Restricted Stock Vesting 05/15/2025

Planned shares (vesting 05/15/2026) 4,832 shares Restricted Stock Vesting 05/15/2026

Planned shares (vesting 05/21/2026) 13,726 shares Restricted Stock Vesting 05/21/2026

Brokerage record shown 24,000 Line item adjacent to Fidelity Brokerage Services LLC

Value shown $817,650.14 Numeric field in excerpt

Key Terms

Restricted Stock Vesting, Form 144, Rule 144

3 terms

Restricted Stock Vesting financial

"Restricted Stock Vesting | Issuer | 344 | 05/15/2023"

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.

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.

Rule 144 regulatory

"144: Securities To Be Sold"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

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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	24000	817650.14	132975196	06/09/2026	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	05/15/2023	Restricted Stock Vesting	Issuer			344	05/15/2023	Compensation
Common	05/15/2025	Restricted Stock Vesting	Issuer			5098	05/15/2025	Compensation
Common	05/15/2026	Restricted Stock Vesting	Issuer			4832	05/15/2026	Compensation
Common	05/21/2026	Restricted Stock Vesting	Issuer			13726	05/21/2026	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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 the Form 144 filed for RDN mean?

It notifies the SEC of an affiliate's intent to sell restricted shares under Rule 144. The form lists planned dispositions tied to vesting dates and share counts, but it does not confirm the sales have occurred.

How many shares are listed on the RDN Form 144 excerpt?

The excerpt shows specific vesting-related share amounts: 344, 5,098, 4,832, and 13,726. These numbers correspond to individual restricted stock vesting items listed in the notice.

Do Form 144 notices mean the shares were sold for RDN?

No. A Form 144 is a notice of intent to sell by an affiliate; it does not prove execution. Actual sales would appear in subsequent transaction filings or broker reports if and when the sales occur.

Are proceeds or sale prices shown in this RDN excerpt?

No. The provided excerpt lists vesting dates and share counts but does not include sale prices, proceeds, or the timing/method of any sale. Those details are not present in the excerpt.