Resources Connection SEC Filings

Resources Connection, Inc. (RGP) reorganized into five reporting units and reported first-quarter fiscal 2026 interim results prepared under GAAP. Revenue mix shifted: $19.9M in Europe & Asia Pacific (up 10.6% YoY), $43.6M in Consulting (down 20.7%), and $10.0M in Outsourced Services (up 5.3%). The Company completed the Reference Point acquisition for $23.2M in cash, recording $14.4M of customer-related intangibles and $6.9M of goodwill. Cash and equivalents totaled $77.5M with no borrowings under the new 2025 Credit Facility (up to $50.0M revolver, matures 11/30/2029). The Company paid a quarterly dividend of $0.07 per share and had approximately $79.2M available under repurchase authorizations. Adjusted EBITDA performance varied by segment with Consulting down and On-Demand Talent and Europe & Asia Pacific improving.

Kate W. Duchene, President & CEO and director of Resources Connection, Inc. (RGP), reported a change in beneficial ownership. On 09/26/2025 she was credited with 2,702.9251 shares described as dividend equivalent rights that relate to previously awarded restricted stock units and vest proportionately with those units. The transaction is recorded at a $0.0 price and leaves her with 567,218.9079 shares beneficially owned. The Form 4 was signed on behalf of Ms. Duchene on 09/29/2025.

Resources Connection, Inc. (RGP) reporting person Bhadreskumar Patel, who is the company's Chief Operating Officer, acquired 1,209.5374 shares of common stock on 09/26/2025 through dividend equivalent rights tied to previously awarded restricted stock units. The reported acquisition lists a price of $0.0, reflecting that these were dividend-equivalent credits rather than a cash purchase. After this transaction, the reporting person beneficially owned 127,914.2349 shares. The Form 4 was signed on behalf of the reporting person by Rebecca Cottrell.

Jennifer Ryu, Chief Financial Officer of Resources Connection, Inc. (RGP), reported an acquisition of 1,158.4882 shares of common stock on 09/26/2025. The filing states these represent dividend equivalent rights accrued on previously awarded restricted stock units and vest proportionately with those units. The reported per-share price for this transaction is $0.00, and following the reported transaction Ms. Ryu beneficially owned 141,296.8563 shares.

The Form 4 was signed on behalf of Ms. Ryu on 09/29/2025 and identifies her role as CFO and an officer of the issuer.

Neil F. Dimick, a director of Resources Connection, Inc. (RGP), reported acquiring 929 phantom stock units on 09/26/2025 that are dividend equivalents tied to previously awarded phantom shares under the Directors Deferred Compensation Plan. Each phantom share is economically equivalent to one share of common stock and will be paid in cash to Mr. Dimick upon his separation from service per his election under the plan. The filing shows 68,682 shares of common stock beneficially owned following the transaction and reports the acquisition with a $0.0 per-unit price notation. The Form 4 was signed on 09/29/2025 by Rebecca Cottrell on behalf of Mr. Dimick.

Resources Connection director Robert F. Kistinger reported on Form 4 that 929 phantom stock units were acquired on 09/26/2025 as dividend-equivalent accruals under the company's Directors Deferred Compensation Plan. Each phantom share is economically equivalent to one share of common stock and will be paid in cash upon the director's separation from service according to his election under the plan. After this accrual, the reporting person beneficially owns 68,682 common shares (direct ownership). The filing was signed on 09/29/2025.

Marco von Maltzan, a director of Resources Connection, Inc. (RGP), reported the accrual of 861 dividend-equivalent phantom shares under the companys Directors Deferred Compensation Plan following a transaction dated 09/26/2025. Each phantom share is the economic equivalent of one share of common stock and will be paid in cash to the reporting person upon separation from service in accordance with his election under the plan. After this accrual, the reporting persons beneficial ownership of common stock (direct) is reported as 63,663 shares.

Resources Connection (RGP) reported mixed fiscal 2025 results driven by a large non-cash goodwill charge. Revenue was $551.3 million with a 37.6% gross margin, and the company reduced SG&A to $202.0 million (down 3.3%). Adjusted EBITDA was $23.5 million (4.3% margin) and operating cash flow was $18.9 million. The company recorded a net loss of $191.8 million, which included a $194.4 million non-cash goodwill impairment.

Corporate actions include continuing board refreshment with two new directors added in June 2025, director retirements and a reduced board size effective after the October 16, 2025 annual meeting. The company completed the Reference Point acquisition on July 1, 2024 for $23 million; Clearsight Advisors earned about $1 million as advisor to the seller and the CEO’s daughter is employed by Clearsight. Executive pay actions included RSUs that cliff-vested in August 2025 and targeted long-term PSUs tied to 2025–2027 revenue and Adjusted EBITDA metrics.