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.
Poplar Point-affiliated investors filed a Schedule 13D disclosing shared beneficial ownership of 1,867,345 shares of Resources Connection, Inc. (RGP), representing 5.6% of the outstanding common stock. The shares were acquired from working capital and in the ordinary course of business. The filing states the investors have had constructive discussions with RGP management and the board about significantly reducing corporate overhead expenses and possible divestitures of non-core assets, but currently have no specific intent to change the board. The filing also notes that the reporting persons recommended a director candidate who subsequently joined the board after the company’s standard evaluation process.
Kate Duchene, listed as a Director and President & CEO of Resources Connection (RGP), reported an issuer-withheld transaction tied to the payout of previously granted restricted stock units. On 08/08/2025 the issuer withheld 10,000.6189 shares to satisfy tax withholding obligations and made a fractional-share adjustment of 0.6189 shares. The Form 4 shows a reported price of $4.6 related to the withholding and records 564,515.9828 shares beneficially owned by Ms. Duchene after the transaction.
The filing is a routine administrative report of equity compensation settlement rather than a market sale or open-market transaction; it documents the mechanics of RSU vesting and tax withholding and confirms ongoing direct ownership at the reported level.
Bhadreskumar Patel, COO of Resources Connection, Inc. (RGP), reported a transaction dated 08/08/2025 involving the company’s common stock.
The filing shows 3,443.4237 shares were withheld by the issuer to satisfy tax withholding obligations related to the payout of vested restricted stock units previously granted to the reporting person, including an adjustment of 0.4237 shares for fractional shares. The entry lists a price of $4.6 and indicates 126,704.6975 shares beneficially owned following the transaction, held directly.
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.