RLGT insider Palmieri reports 13,249 shares from RSU vesting
Rhea-AI Filing Summary
Radiant Logistics, Inc. (RLGT) director Richard P. Palmieri reported equity compensation activity. On November 14, 2025, 13,249 restricted stock units were converted into an equal number of common shares, leaving him with 144,359 common shares held directly after the transaction. The filing also shows restricted stock units that vested on November 14, 2025, with shares to be delivered within 30 days of vesting. In addition, a new grant of 14,066 restricted stock units was reported that will vest on November 13, 2028, with shares to be delivered within 30 days after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,249 | $0.00 | -- |
| Exercise | Common Stock | 13,249 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 14,066 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. The restricted stock units vested on November 14, 2025. Vested shares will be delivered to the reporting person as soon as practicable, but no more than 30 days after vesting. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest on November 13, 2028. Vested shares will be delivered to the reporting person as soon as practicable, but not more than 30 days after vesting.
FAQ
What insider transaction did RLGT director Richard P. Palmieri report?
Director Richard P. Palmieri reported the conversion of 13,249 restricted stock units into common stock and a new grant of 14,066 restricted stock units.
When did the reported RLGT restricted stock units vest?
Certain restricted stock units vested on November 14, 2025, with vested shares to be delivered to the reporting person as soon as practicable, but no more than 30 days after vesting.
What are the terms of the newly granted RLGT restricted stock units?
The filing reports a grant of 14,066 restricted stock units that vest on November 13, 2028. Each unit represents a contingent right to receive one share of common stock, delivered within 30 days after vesting.
Do the RLGT restricted stock units convert into common stock on a fixed basis?
Yes. The disclosure states that restricted stock units convert into common stock on a one-for-one basis, meaning each unit equals one share upon settlement.