STOCK TITAN

RGP (RGP) president granted 3,221 dividend-equivalent shares in Form 4 filing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RESOURCES CONNECTION, INC. President Michael Wayne Lane reported an automatic acquisition of 3,221.0876 shares of common stock as part of his compensation. These shares represent dividend equivalent rights accrued on previously awarded restricted stock units and were granted at no cost. After this grant, he directly holds a total of 201,441.9762 common shares, and no derivative securities are reported in this filing.

Positive

  • None.

Negative

  • None.
Insider Lane Michael Wayne
Role President
Type Security Shares Price Value
Grant/Award Common Stock 3,221.088 $0.00 --
Holdings After Transaction: Common Stock — 201,441.976 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 3,221.0876 shares Dividend equivalent rights grant on common stock
Price per share for grant $0.0000 per share Compensation-related stock award, no cash paid
Shares held after transaction 201,441.9762 shares Direct ownership of RGP common stock after grant
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lane Michael Wayne

(Last)(First)(Middle)
15950 NORTH DALLAS PARKWAY
SUITE 330

(Street)
DALLAS TEXAS 75248

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RESOURCES CONNECTION, INC. [ RGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/19/2026A3,221.0876(1)A$0.0201,441.9762D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents dividend equivalent rights accrued on previously awarded restricted stock units which vest proportionately with the units to which they relate.
By: /s/ Rebecca Cottrell For: Michael Wayne Lane06/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did RGP President Michael Wayne Lane report on this Form 4?

Michael Wayne Lane reported receiving 3,221.0876 RGP common shares as a compensation-related grant. These shares are dividend equivalent rights tied to previously awarded restricted stock units and were acquired at no cost, increasing his direct holdings to 201,441.9762 shares.

Is the RGP Form 4 transaction an open-market purchase or sale?

The transaction is not an open-market trade. It is coded as a grant or award, reflecting dividend equivalent rights on restricted stock units, with a per-share price of $0.0000, meaning the executive did not buy or sell shares in the market.

How many RGP shares does Michael Wayne Lane hold after this Form 4?

After the reported grant, Michael Wayne Lane directly holds 201,441.9762 shares of RGP common stock. This total includes the newly credited 3,221.0876 dividend equivalent shares that are linked to previously granted restricted stock units.

What are dividend equivalent rights mentioned in the RGP Form 4 footnote?

Dividend equivalent rights are additional share units credited to match dividends on underlying restricted stock units. For RGP, these rights accrue on previously awarded restricted stock units and vest proportionately over time with the related units, aligning executive compensation with shareholder dividends.

Does this RGP Form 4 suggest a change in insider sentiment?

The filing reflects a routine compensation-related grant rather than a discretionary trade. Shares were awarded as dividend equivalent rights on existing restricted stock units, so it does not indicate a new buy or sell decision by the RGP president in the open market.