Resources Connection SEC Filings

Resources Connection, Inc. (RGP) – Form 4 filing: Director Filip J.L. Gyde received a restricted stock award of 9,433 common shares on 06/27/2025. The award was granted at $0.00 cost as part of non-employee director compensation. Vesting is structured at 25% after the first anniversary of the grant and 25% annually over the next three years, encouraging longer-term alignment with shareholder interests. After the grant, Mr. Gyde’s directly-held beneficial ownership totals 9,433 shares. No open-market purchase or sale was reported, and no derivative securities were involved.

EnerSys (ticker ENS) filed a Form 4 disclosing that Keith D. Fisher, President of Energy Systems Global, received a small number of additional common shares through dividend-equivalent Restricted Stock Units (RSUs) on 27 Jun 2025. Two separate entries show acquisitions of 13.9434 and 34.8585 RSUs, both at a price of $0.00, tied to the company’s cash dividend paid the same day. After the transactions, Fisher’s direct beneficial ownership rose from 17,608.29 to 17,643.15 shares. The RSUs will vest concurrently with the underlying February 7 2025 awards. No open-market purchases, sales, or derivative exercises were reported.

The filing represents routine dividend-equivalent adjustments rather than a deliberate insider purchase or sale, and the aggregate increase (~49 shares) is immaterial relative to EnerSys’s outstanding share count.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $9.193 million of Contingent Income Auto-Callable Securities linked to the common stock of Amgen Inc. (AMGN). The notes are senior, unsecured obligations that mature on 29-Dec-2028 unless redeemed earlier. Each $1,000 security pays a quarterly contingent coupon of 2.625% (10.50% p.a.) when the closing price of AMGN on the relevant valuation date is at least 70 % of the initial share price ($279.11). Missed coupons may be fully ‘caught-up’ if the share price subsequently meets the threshold.

The notes may be automatically redeemed on any quarterly valuation date starting 26-Sep-2025 if AMGN closes at or above the initial share price. Holders then receive par plus the due coupon (including any unpaid coupons). If not redeemed, the principal repayment depends on AMGN’s final price:

• ≥ 70 % of initial: return of principal plus final coupon (and unpaid coupons).
• < 70 % of initial: principal is reduced 1-for-1 with the share decline, exposing investors to losses of up to 100 %.

Key economic terms include a downside threshold of $195.377, no exchange listing, CUSIP 17333LBW4, and a guaranteed but unsecured payment structure. The issue price is $1,000, while the estimated value is $971.50, reflecting structuring and distribution costs: an underwriting fee of $25, a $20 selling concession, and a $5 structuring fee to Morgan Stanley Wealth Management. Secondary market liquidity is expected to be limited and solely at Citigroup Global Markets Inc.’s discretion.

Risk highlights disclosed span full principal loss below threshold, contingent and non-cumulative coupons, early redemption limiting yield, issuer and guarantor credit risk, model-based valuation, potential conflicts in hedging, and complex U.S. tax treatment. The securities do not offer any participation in AMGN price appreciation or dividends. They are intended for sophisticated investors who can tolerate equity downside, credit exposure to Citigroup, and possible illiquidity.

Magnite, Inc. (MGNI) filed a Form 144 indicating a planned sale of 9,289 common shares worth approximately $204,358 at prevailing market prices. The shares were originally acquired on 02/15/2024 as restricted stock directly from the issuer and will be executed through Morgan Stanley Smith Barney LLC on or about 06/30/2025. Total shares outstanding are reported at 141,110,559, so the proposed sale represents less than 0.01 % of the float.

The filing lists David Buonasera as the selling shareholder, who has already disposed of 12,395 shares over the past three months for gross proceeds of $194,776.59. While the dollar amounts are modest relative to Magnite’s market capitalization, consecutive insider sales can raise sentiment concerns for some investors. The form contains no operational or financial performance data and makes no assertions about Magnite’s fundamentals; it solely discloses the insider’s intent to sell under Rule 144.