Radiant Logistics (RLGT) CFO trims stake with 11,911-share sale
Rhea-AI Filing Summary
Radiant Logistics Chief Financial Officer Todd Macomber reported open-market sales of company common stock. He sold a total of 11,911 shares of Radiant Logistics, Inc. common stock in two transactions at a price of $9.25 per share on June 12, 2026 and June 15, 2026. After these sales, he directly holds 87,249 shares of common stock, indicating he retains a substantial equity position while reducing his holdings by a modest portion.
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Insider Trade Summary
Net Seller: 11,911 shares
Net Sell
2 txns
Insider
Macomber Todd
Role
Chief Financial Officer
Sold
11,911 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,868 | $9.25 | $110K |
| Sale | Common Stock | 43 | $9.25 | $397.75 |
Holdings After Transaction:
Common Stock — 87,249 shares (Direct)
Key Figures
Total shares sold: 11,911 shares
Sale price: $9.25 per share
Shares after transactions: 87,249 shares
+1 more
4 metrics
Total shares sold
11,911 shares
Open-market sales on June 12 and June 15, 2026
Sale price
$9.25 per share
Price for both reported transactions
Shares after transactions
87,249 shares
Direct common stock holdings following the last sale
Number of sale transactions
2 transactions
Both coded as open-market sales of common stock
Key Terms
open-market sale, Common Stock, Chief Financial Officer
3 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Financial Officer financial
"officer_title: "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did RLGT CFO Todd Macomber report?
Radiant Logistics CFO Todd Macomber reported two open-market sales totaling 11,911 common shares at $9.25 per share. These trades occurred on June 12, 2026 and June 15, 2026, reflecting a partial reduction of his direct holdings.
Were the RLGT CFO’s transactions classified as open-market sales?
Yes. Both transactions are coded “S” and described as open-market sales of common stock. The filing characterizes them as sales in the open market or private transactions, with no indication of option exercises, gifts, or tax-withholding related movements.