RGP president reports tax-withholding share disposition
RESOURCES CONNECTION, INC.
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Rhea-AI Filing Summary
RESOURCES CONNECTION, INC. President Scott Glenn Rottmann reported a Form 4 transaction in which 4,738.7089 shares of common stock were withheld at $4.20 per share to satisfy tax withholding obligations on vested restricted stock units. Following this tax-withholding disposition, he directly holds 208,811.3152 shares, including 3,000 shares purchased through the company’s Employee Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 4,738.7089 | $4.20 | $20K |
Footnotes (2)
- F1. Represents shares withheld by the Issuer in accordance with the terms of the award to satisfy tax withholding obligations in connection with the payout of vested restricted stock units previously granted to the reporting person (such restricted stock units previously reported in Table I of Form 3). Also represents an adjustment of .7089 shares to adjust for fractional shares that were disregarded upon vesting of the restricted stock unit award.
- F2. Includes 3,000 shares purchased through the Resources Connection, Inc. Employee Stock Purchase Plan.
Key Figures
Key Terms
restricted stock units financial
Employee Stock Purchase Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RGP President Scott Glenn Rottmann report on this Form 4?
Was the RGP (RGP) insider’s Form 4 transaction a market sale or tax withholding?
Does the RGP Form 4 indicate any Rule 10b5-1 trading plan for this insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.