STOCK TITAN

Resources Connection (RGP) president uses shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Resources Connection, Inc. President Michael Wayne Lane reported a tax-related share disposition tied to equity compensation. On the vesting of previously granted restricted stock units, 1,481.0387 shares of common stock were withheld by the company at $4.71 per share to satisfy tax withholding obligations and adjust for fractional shares. After this non-market transaction, Lane directly holds 198,220.8886 shares of Resources Connection common stock.

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Insider Lane Michael Wayne
Role President
Type Security Shares Price Value
Tax Withholding Common Stock 1,481.039 $4.71 $7K
Holdings After Transaction: Common Stock — 198,220.889 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,481.0387 shares Common stock withheld to satisfy tax obligations on vested RSUs
Withholding price per share $4.71 per share Value used for tax-withholding disposition
Shares held after transaction 198,220.8886 shares Direct ownership following tax-withholding disposition
restricted stock units financial
"in connection with the payout of vested restricted stock units previously granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the payout of vested restricted stock units"
Form 4 regulatory
"such restricted stock units previously reported in Table I of Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lane Michael Wayne

(Last)(First)(Middle)
15950 NORTH DALLAS PARKWAY
SUITE 330

(Street)
DALLAS TEXAS 75248

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RESOURCES CONNECTION, INC. [ RGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026F1,481.0387(1)D$4.71198,220.8886D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer in accordance with the terms of the award to satisfy tax withholding obligations in connection with the payout of vested restricted stock units previously granted to the reporting person (such restricted stock units previously reported in Table I of Form 4). Also represents an adjustment of .0387 shares to adjust for fractional shares that were disregarded upon vesting of the restricted stock unit award.
By: /s/ Rebecca Cottrell For: Michael Wayne Lane06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did RGP President Michael Wayne Lane report in this Form 4?

He reported a tax-withholding disposition of RGP shares. The company withheld 1,481.0387 common shares at $4.71 each to cover tax obligations from vested restricted stock units, leaving him with 198,220.8886 shares directly owned.

Was the RGP Form 4 transaction an open-market sale of shares?

No, it was not an open-market sale. The 1,481.0387 shares were withheld by Resources Connection to satisfy tax withholding obligations upon payout of vested restricted stock units, rather than being sold on the open market.

How many RGP shares does Michael Wayne Lane hold after this tax withholding?

He directly holds 198,220.8886 RGP common shares after the transaction. This balance reflects his position following the company’s withholding of 1,481.0387 shares for taxes related to vested restricted stock units.

What price per share was used for the RGP tax-withholding transaction?

The tax-withholding disposition used a price of $4.71 per share. Resources Connection applied this price when withholding 1,481.0387 common shares to satisfy Michael Wayne Lane’s tax obligations on vested restricted stock units.

What triggered the share withholding reported in the RGP Form 4 filing?

The withholding was triggered by the vesting of restricted stock units. When previously granted RSUs vested, Resources Connection withheld 1,481.0387 shares to cover tax obligations and made a small adjustment for disregarded fractional shares.