Resources Connection Form 4: Ownership 140,138.37 Shares After RSU Withholding
Rhea-AI Filing Summary
Jennifer Y. Ryu, the Chief Financial Officer of Resources Connection, Inc. (RGP), reported a withholding of 5,595.2268 common shares in connection with the payout of vested restricted stock units on 08/08/2025. The Form 4 shows a reported price of $4.6 and that the reporting person holds 140,138.3681 shares following the transaction. The filing explains the withheld amount satisfied tax withholding obligations and includes a 0.2268-share fractional-share adjustment. All shares are reported as direct beneficial ownership.
Positive
- Reporting person retains substantial direct ownership of 140,138.3681 shares after the withholding event
- Transaction is administrative and transparency-preserving—the filing discloses the reason for share movement (tax withholding on vested RSUs) and a fractional-share adjustment
Negative
- 5,595.2268 shares were withheld, reducing the reporting person's net share count
- Withholding reduces publicly tradable shares from this insider, though the filing does not indicate a market sale
Insights
Routine insider withholding for tax on vested RSUs; no material change to control.
The Form 4 documents a tax-withholding event tied to vested restricted stock units: 5,595.2268 shares were withheld and ownership after the event is 140,138.3681 shares. The per-share figure shown is $4.6. This is a standard compensation-related transaction that reduces the insider's share count but does not indicate a sale to the market or an abandonment of equity exposure. For most investors this is a neutral, administrative disclosure rather than an operational or strategic development.
Disclosure reflects customary tax withholding on RSU vesting; governance signal is neutral.
The filing clarifies that withheld shares satisfied tax obligations from vested awards and includes a fractional-share adjustment of 0.2268 shares. The reporting person remains a significant direct holder with 140,138.3681 shares after withholding. This type of Form 4 is routine and aligns with standard executive compensation mechanics, offering no new governance concerns or changes to board composition.