RDN (NYSE) Form 144: Officer selling 15,000 shares after vesting

Rhea-AI Filing Summary

RDN filed a Form 144 notice to sell 15,000 shares of Common Stock tied to restricted stock vesting on 05/15/2025. The filing lists prior dispositions of 1,991 shares (proceeds $69,685.00) and 13,009 shares (proceeds $455,315.00), and shows 136,272,409 shares outstanding as of 04/23/2026.

Key Figures

Proposed sale: 15,000 shares Associated value: $540,000.00 Prior disposition A: 1,991 shares +4 more

7 metrics

Proposed sale 15,000 shares Restricted stock vesting on 05/15/2025

Associated value $540,000.00 Linked to the 15,000-share line in securities table

Prior disposition A 1,991 shares Sold 04/10/2026 with proceeds $69,685.00

Prior disposition A proceeds $69,685.00 Proceeds reported for 1,991-share sale on 04/10/2026

Prior disposition B 13,009 shares Sold 04/17/2026 with proceeds $455,315.00

Prior disposition B proceeds $455,315.00 Proceeds reported for 13,009-share sale on 04/17/2026

Shares outstanding 136,272,409 shares Outstanding as of 04/23/2026

Key Terms

Form 144, Restricted Stock Vesting, Compensation, Proceeds

4 terms

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

"Common | 05/15/2025 | Restricted Stock Vesting"

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.

Compensation financial

"15000 | 05/15/2025 | Compensation"

Proceeds financial

"13009 | 455315.00"

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	540000.00	136272409	04/23/2026	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	05/15/2025	Restricted Stock Vesting	Issuer			15000	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

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 report?

It reports a proposed sale of 15,000 shares tied to restricted stock vesting on 05/15/2025. The filing also lists recent dispositions of 1,991 and 13,009 shares with associated proceeds.

Who is the reported seller in the RDN Form 144?

The filing lists Fidelity Brokerage Services LLC and Edward J. Hoffman as parties in the transactions. Addresses and broker details appear alongside the share amounts and proceeds reported.

How much cash is shown from recent sales in the filing?

The excerpt shows proceeds of $69,685.00 for 1,991 shares and $455,315.00 for 13,009 shares. A separate line links 15,000 shares with $540,000.00 in value.

Does the filing state shares outstanding for RDN?

Yes; the excerpt lists 136,272,409 shares outstanding as of 04/23/2026. This figure appears on the securities information line in the provided content.

What is the nature of the 15,000-share sale reported?

The 15,000 shares are tied to restricted stock vesting with an issuer designation and a vesting date of 05/15/2025. The filing classifies the reason as compensation.