RGP (RGP) director awarded 1,416 phantom stock units as dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
von Maltzan Marco reported acquisition or exercise transactions in this Form 4 filing.
RESOURCES CONNECTION, INC. director Marco von Maltzan received an award of 1,416 shares of phantom stock on June 19, 2026. This grant represents dividend equivalent phantom shares accrued on previously awarded phantom shares under the Directors Deferred Compensation Plan and is economically equivalent to 1,416 shares of common stock.
Following this grant, von Maltzan holds a total of 87,318 phantom stock units directly. These phantom shares will be settled in cash after he separates from service as a director, based on his prior elections under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
von Maltzan Marco
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,416 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 87,318 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Phantom stock units granted: 1,416 units
Total phantom stock holdings: 87,318 units
Transaction price per unit: $0.0000 per unit
+1 more
4 metrics
Phantom stock units granted
1,416 units
Dividend equivalent phantom shares granted on June 19, 2026
Total phantom stock holdings
87,318 units
Phantom stock units held after the reported grant
Transaction price per unit
$0.0000 per unit
Grant of phantom stock under compensation plan
Underlying common stock equivalence
1,416 shares
Each phantom share equals one RGP common share economically
Key Terms
Phantom Stock, Directors Deferred Compensation Plan, dividend equivalent phantom shares, economic equivalent, +1 more
5 terms
Phantom Stock financial
"Represents dividend equivalent phantom shares accrued on previously awarded phantom shares in accordance with the terms of the Directors Deferred Compensation Plan."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Directors Deferred Compensation Plan financial
"Represents dividend equivalent phantom shares accrued on previously awarded phantom shares in accordance with the terms of the Directors Deferred Compensation Plan."
A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of common stock."
separation from service financial
"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
What insider transaction did RGP director Marco von Maltzan report?
Marco von Maltzan reported receiving 1,416 phantom stock units as a grant. These are dividend equivalent phantom shares tied to previously awarded phantom stock under the Directors Deferred Compensation Plan, economically matching 1,416 shares of common stock.
Is the RGP Form 4 transaction a buy or sell of common stock?
The Form 4 shows an acquisition through a grant, not a market trade. Von Maltzan received 1,416 phantom stock units as compensation, with no open-market purchase or sale of RGP common shares reported in this filing.
How many phantom stock units does Marco von Maltzan hold after this RGP grant?
After the grant, von Maltzan holds 87,318 phantom stock units. This total reflects his direct phantom stock position under the Directors Deferred Compensation Plan, including the 1,416 dividend equivalent phantom shares reported in this Form 4 filing.
What are phantom stock units in the context of RGP’s director compensation?
Phantom stock units are bookkeeping entries that mirror common stock value. For RGP directors, each phantom share is economically equal to one common share and will be paid in cash after the director separates from service, following their compensation plan elections.
When will the reported RGP phantom stock units be paid to the director?
The phantom stock units will be paid in cash upon von Maltzan’s separation from service as a director. Payment timing follows his elections under RGP’s Directors Deferred Compensation Plan, rather than occurring at the grant date of the 1,416 phantom shares.
Does this RGP Form 4 indicate use of a trading plan or 10b5-1 arrangement?
The Form 4 describes a compensation-related grant of 1,416 phantom stock units. It explains these are dividend equivalent phantom shares under the Directors Deferred Compensation Plan and does not reference any Rule 10b5-1 trading plan or similar trading arrangement.