RGP (RGP) President receives 1,318 dividend-equivalent stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RESOURCES CONNECTION, INC. President Iyer Venkataraman Ramaswamy reported an acquisition of additional common stock-related units through a compensation award. He received 1,318.019 dividend equivalent rights that accrued on previously granted restricted stock units, with no cash paid per unit. These rights will vest over time in step with the related restricted stock units. After this award, his directly held common stock-equivalent position reported in this filing increased to 84,629.264 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Iyer Venkataraman Ramaswamy
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,318.019 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 84,629.264 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent rights granted: 1,318.019 units
Price per unit: $0.0000 per share
Shares following transaction: 84,629.264 shares
3 metrics
Dividend equivalent rights granted
1,318.019 units
Common Stock-related award on 2026-06-19
Price per unit
$0.0000 per share
Grant, award, or other acquisition
Shares following transaction
84,629.264 shares
Direct common stock-equivalent holdings after award
Key Terms
dividend equivalent rights, restricted stock units, Grant, award, or other acquisition
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights accrued on previously awarded restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"accrued on previously awarded restricted stock units which vest proportionately"
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.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did RGP President Iyer Venkataraman Ramaswamy report?
RGP President Iyer Venkataraman Ramaswamy reported acquiring 1,318.019 dividend equivalent rights tied to restricted stock units. These are part of his equity compensation and increase his common stock-equivalent holdings reported in this filing to 84,629.264 shares.
Was the RGP insider transaction an open-market stock purchase or sale?
The RGP insider transaction was not an open-market trade. It was a grant of 1,318.019 dividend equivalent rights at a stated price of $0.0000 per unit, reflecting equity compensation rather than buying or selling shares in the market.
How do the new dividend equivalent rights for RGP’s President vest?
The 1,318.019 dividend equivalent rights for RGP’s President vest proportionately with the underlying restricted stock units. As the related restricted stock units vest over time, the associated dividend equivalent rights vest in the same proportions and schedule.
What are RGP dividend equivalent rights mentioned in this Form 4?
At RGP, the dividend equivalent rights described here are credits that accrue on previously awarded restricted stock units. They mirror dividends on common stock and vest proportionately with the underlying restricted stock units to which they relate, enhancing the overall equity award value.