RGP director granted 1,677 phantom stock units
KISTINGER ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KISTINGER ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
Resources Connection director Robert F. Kistinger received a grant of 1,677 phantom stock units tied to the company’s common stock. According to the deferred compensation plan, each unit mirrors one share of common stock economically and will be settled in cash after he leaves the board. Following this award, he holds 91,084 phantom stock units, reflecting routine director compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,677 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent phantom shares accrued on previously awarded phantom shares in accordance with the terms of the Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. These shares of phantom stock will become payable in cash to the reporting person upon separation from service as a director in accordance with the reporting person's election under the Directors Deferred Compensation Plan.
FAQ
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What did RGP director Robert F. Kistinger report on this Form 4?
How do RGP phantom stock units work for director Robert F. Kistinger?
When will Robert F. Kistinger receive payment for his RGP phantom stock?
How large is Robert F. Kistinger’s total RGP phantom stock position after this filing?
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