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RGP (RGP) president adds 3.7K shares via dividend equivalent grant

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

Rhea-AI Filing Summary

RESOURCES CONNECTION, INC. President Michael Wayne Lane acquired 3,688.4273 shares of common stock as a compensation-related award. The shares represent dividend equivalent rights accrued on previously granted restricted stock units and will vest proportionately with those units. Following this grant on March 20, 2026, his directly held position increased to 199,701.9273 shares, indicating a routine addition to an existing ownership stake rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
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)
03/20/2026
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 Stock03/20/2026A3,688.4273(1)A$0199,701.9273D
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 Lane03/24/2026
** 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 insider transaction did RGP President Michael Wayne Lane report?

Michael Wayne Lane reported acquiring 3,688.4273 RGP common shares. These were granted as dividend equivalent rights on previously awarded restricted stock units and will vest in step with those units, making this a routine, compensation-related increase in his equity holdings rather than a market purchase.

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

After the reported transaction, Michael Wayne Lane directly holds 199,701.9273 RGP common shares. The filing shows this total includes an additional 3,688.4273 shares granted as dividend equivalent rights tied to earlier restricted stock unit awards that vest proportionately over time.

Was the RGP insider transaction an open-market buy or a share grant?

The transaction was a share grant, not an open-market buy. Lane received 3,688.4273 shares at a reported price of $0.0000 per share as dividend equivalent rights on existing restricted stock units, reflecting standard compensation mechanics rather than a discretionary stock purchase.

What are dividend equivalent rights in the context of this RGP Form 4?

Dividend equivalent rights mirror dividends on unvested equity awards. In this case, Lane accrued 3,688.4273 additional RGP shares on previously granted restricted stock units. These new shares vest proportionately with the underlying units, aligning his compensation with long-term shareholder returns as those awards vest.

Does the RGP Form 4 indicate any share sales by Michael Wayne Lane?

The Form 4 shows no share sales by Lane. It reports only an acquisition of 3,688.4273 RGP common shares through a grant of dividend equivalent rights, increasing his directly held position to 199,701.9273 shares, with no dispositions or tax-withholding transactions disclosed in this filing.
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