Resources Connection president has shares withheld
The withholding related to tax obligations from payouts of vested restricted stock units, with fractional-share adjustments noted for both entries.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Resources Connection, Inc. (RGP) President Venkataraman Ramaswamy Iyer reported two transactions involving common shares withheld: 814.2137 shares on November 8, 2026, at $2.6600 per share, and 582.5508 shares on November 9, 2026, at $2.7000 per share. The issuer withheld the shares to meet tax obligations on payouts of vested restricted stock units. The footnotes also describe fractional-share adjustments of 0.2137 and 0.5508 shares, respectively. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 582.5508 | $2.70 | $2K |
| Tax Withholding | Common Stock F1 | 814.2137 | $2.66 | $2K |
Footnotes (2)
- F1. 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 3). Also represents an adjustment of .2137 shares to adjust for fractional shares that were disregarded upon vesting of the restricted stock unit award.
- F2. 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 3). Also represents an adjustment of .5508 shares to adjust for fractional shares that were disregarded upon vesting of the restricted stock unit award.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
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