Resources Connection (RGP) CFO Reports 1,158.4882 Share Vesting on Form 4
Rhea-AI Filing Summary
Jennifer Ryu, Chief Financial Officer of Resources Connection, Inc. (RGP), reported an acquisition of 1,158.4882 shares of common stock on 09/26/2025. The filing states these represent dividend equivalent rights accrued on previously awarded restricted stock units and vest proportionately with those units. The reported per-share price for this transaction is $0.00, and following the reported transaction Ms. Ryu beneficially owned 141,296.8563 shares.
The Form 4 was signed on behalf of Ms. Ryu on 09/29/2025 and identifies her role as CFO and an officer of the issuer.
Positive
- Reporting person acquired 1,158.4882 common stock as dividend equivalent rights on 09/26/2025
- Post-transaction beneficial ownership reported as 141,296.8563 shares
Negative
- None.
Insights
TL;DR: Routine insider vesting resulted in a non-cash acquisition of 1,158.4882 shares; immaterial to company valuation.
The report documents a non-cash issuance tied to dividend equivalent rights on restricted stock units that vest with the underlying awards. The transaction price is recorded as $0.00, indicating these are not open-market purchases but compensation-related accruals. The post-transaction beneficial ownership of 141,296.8563 shares should be evaluated in the context of total outstanding shares to assess materiality, which is not provided in this filing.
TL;DR: Filing is a standard Section 16 disclosure of compensation-related share vesting by the CFO, no governance red flags apparent.
The Form 4 specifies that the shares represent dividend equivalent rights tied to previously awarded restricted stock units. The disclosure follows required procedural formality, including signature by an authorized representative. There are no indications of unusual timing, sales, or change-in-control transactions in this filing.