Resources Connection (RGP) COO reports dividend-equivalent stock award
Rhea-AI Filing Summary
Resources Connection, Inc. reported an insider stock transaction by its chief operating officer. On 12/12/2025, the COO acquired 911.9228 shares of common stock at a stated price of $0.0 per share. These shares represent dividend equivalent rights that accrued on previously awarded restricted stock units and will vest proportionately with the underlying units. Following this transaction, the COO beneficially owned 122,351.6182 shares of Resources Connection common stock, all held directly.
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FAQ
What insider transaction did RGP report in this filing?
The filing reports that the chief operating officer of Resources Connection, Inc. (RGP) acquired 911.9228 shares of common stock through dividend equivalent rights on 12/12/2025.
How many RGP shares does the COO beneficially own after this transaction?
After the reported transaction, the COO beneficially owned 122,351.6182 shares of Resources Connection common stock, held directly.
What is the price associated with the RGP shares acquired by the COO?
The 911.9228 shares of RGP common stock acquired by the COO were reported at a stated price of $0.0 per share, reflecting their nature as dividend equivalent rights rather than a market purchase.
What are dividend equivalent rights mentioned in the RGP insider report?
The filing explains that the reported shares represent dividend equivalent rights accrued on previously awarded restricted stock units, which vest proportionately with the restricted stock units to which they relate.
Does this RGP insider transaction involve derivative securities?
Table II in the filing, which covers derivative securities, shows no entries, indicating that no derivative securities were acquired or disposed of in this transaction.
Who signed the RGP insider transaction report on behalf of the reporting person?
The report was signed By: /s/ Rebecca Cottrell For: Bhadreskumar Patel on 12/16/2025, indicating signature on behalf of the COO.