RGP (RGP) president awarded 1,471 dividend-equivalent share units
Rhea-AI Filing Summary
RESOURCES CONNECTION, INC. President Iyer Venkataraman Ramaswamy acquired 1,471.035 shares of common stock on a Form 4 filing. These represent dividend equivalent rights credited on previously awarded restricted stock units, which will vest in step with the related units. Following this grant, his directly held position is 83,311.245 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,471.035 shares
Net Buy
1 txn
Insider
Iyer Venkataraman Ramaswamy
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,471.035 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 83,311.245 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent rights accrued on previously awarded restricted stock units which vest proportionately with the units to which they relate.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RGP report for its President on this Form 4?
RGP reported that President Iyer Venkataraman Ramaswamy acquired 1,471.035 shares of common stock. These shares are dividend equivalent rights tied to earlier restricted stock unit awards and vest proportionately with those units over time.
How is the acquisition by RGP’s President classified in the Form 4 data?
The acquisition is coded as “A” for a grant, award, or other acquisition of common stock. The structured data labels the direction as an acquisition related to compensation, rather than a discretionary market trade in RGP shares.