Radiant Logistics (RLGT) CFO sells 13,089 shares at about $9.30
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radiant Logistics Chief Financial Officer Todd Macomber reported an open-market sale of 13,089 shares of common stock. The shares were sold on June 9, 2026 at a weighted average price of $9.3045 per share, in multiple trades between $9.27 and $9.43.
After this transaction, Macomber directly owns 99,160 shares of Radiant Logistics common stock, according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,089 shares ($121,787)
Net Sell
1 txn
Insider
Macomber Todd
Role
Chief Financial Officer
Sold
13,089 shs ($122K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,089 | $9.3045 | $122K |
Holdings After Transaction:
Common Stock — 99,160 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 13,089 shares
Weighted average sale price: $9.3045 per share
Shares owned after transaction: 99,160 shares
+1 more
4 metrics
Shares sold
13,089 shares
Open-market sale of common stock on June 9, 2026
Weighted average sale price
$9.3045 per share
Average price across multiple trades for the 13,089 shares
Shares owned after transaction
99,160 shares
Direct ownership by CFO following the sale
Sale price range
$9.27–$9.43 per share
Range of individual trade prices noted in footnote
Key Terms
open-market sale, weighted average price, common stock, Form 4
4 terms
open-market sale financial
"reported an open-market sale of 13,089 shares of common stock"
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.
weighted average price financial
"sold at a weighted average price of $9.3045 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
common stock financial
"13,089 shares of Radiant Logistics 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.
Form 4 regulatory
"according to the Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RLGT CFO Todd Macomber report?
CFO Todd Macomber reported selling 13,089 shares of Radiant Logistics common stock in an open-market transaction. The filing shows the sale occurred at a weighted average price of $9.3045 per share across multiple trades within a narrow price range.
Was the RLGT CFO’s sale a single trade or multiple trades?
The sale was executed as multiple trades, not a single transaction. A footnote states the 13,089 shares were sold in several trades, with prices ranging from $9.27 to $9.43, resulting in a weighted average sale price of $9.3045 per share.
What type of security did RLGT’s CFO sell in this Form 4 filing?
The transaction involved Radiant Logistics common stock. The Form 4 identifies the security as common stock and describes the event as an open-market sale of 13,089 shares, with updated direct ownership of 99,160 common shares after the transaction.