Resources Connection (NASDAQ: RGP) awards COO 75,000 RSUs
Rhea-AI Filing Summary
Resources Connection, Inc. COO Bhadreskumar Patel reported a grant of 75,000 shares of common stock on January 21, 2026. The filing shows this as an acquired position at a price of $0.0 per share, reflecting a stock-based award rather than a market purchase.
After this grant, Patel beneficially owns 197,351.6182 shares of Resources Connection common stock in direct form. The award is in the form of restricted stock units (RSUs) that vest in three equal installments on each of the first, second, and third anniversaries of the grant date.
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FAQ
What insider transaction did RGP report for its COO on Form 4?
The Form 4 reports that COO Bhadreskumar Patel received an award of 75,000 shares of Resources Connection common stock on January 21, 2026, recorded as an acquisition at a price of $0.0 per share.
How many RGP shares does COO Bhadreskumar Patel own after this transaction?
Following the reported grant, Bhadreskumar Patel beneficially owns 197,351.6182 shares of Resources Connection, Inc. common stock, held directly.
What type of equity award did RGP grant to its COO in this Form 4?
The award is described as restricted stock units (RSUs) linked to Resources Connection common stock, with the underlying amount equal to 75,000 shares.
What is the vesting schedule for the 75,000 RSUs granted to RGP’s COO?
According to the footnote, the RSUs vest one-third on each of the first, second and third anniversaries of the grant date, spreading vesting over three years.
Was the RGP COO’s 75,000 share award a market purchase?
No. The Form 4 lists the transaction code as A for acquired and shows a $0.0 per share price, indicating it is a stock-based grant, not an open-market purchase.
Is the COO’s ownership in RGP reported as direct or indirect?
The Form 4 indicates that 197,351.6182 shares are held with direct (D) ownership by COO Bhadreskumar Patel.