Radiant Logistics (RLGT) director exercises 100,000 options and settles taxes in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radiant Logistics director Michael E. Gould exercised stock options and settled related taxes using shares. On May 20, 2026, he exercised options for 100,000 shares of common stock at $3.16 per share. To cover tax obligations, 37,396 shares were disposed of at a value of $8.45 per share as a tax-withholding transaction, not an open-market sale. After these transactions, Gould directly held 791,268 shares of Radiant Logistics common stock, and the exercised option grant was fully used with no remaining options from that award.
Positive
- None.
Negative
- None.
Insider Trade Summary
100,000 shares exercised/converted
Mixed
3 txns
Insider
Gould Michael E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 100,000 | $3.16 | $316K |
| Exercise | Common Stock | 100,000 | $3.16 | $316K |
| Tax Withholding | Common Stock | 37,396 | $8.45 | $316K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 791,268 shares (Direct, null)
Footnotes (1)
Key Figures
Options exercised: 100,000 shares
Option exercise price: $3.16 per share
Tax-withholding shares: 37,396 shares
+3 more
6 metrics
Options exercised
100,000 shares
Stock Option (Right to Buy) exercised into common stock on May 20, 2026
Option exercise price
$3.16 per share
Exercise or conversion price of stock option grant
Tax-withholding shares
37,396 shares
Shares delivered to satisfy tax liability at $8.45 per share
Tax-withholding value reference
$8.45 per share
Share value used for tax-withholding disposition
Shares owned after transactions
791,268 shares
Direct common stock holdings following reported Form 4 transactions
Option expiration date
July 10, 2026
Expiration date of exercised Stock Option (Right to Buy)
Key Terms
tax-withholding disposition, Exercise or conversion of derivative security, Stock Option (Right to Buy), derivative security
4 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did RLGT director Michael E. Gould report?
Michael E. Gould reported exercising stock options for 100,000 shares of Radiant Logistics common stock and a related tax-withholding disposition of 37,396 shares. These actions increased his direct share ownership while settling tax obligations tied to the option exercise.
What was the exercise price of Michael E. Gould’s RLGT stock options?
The exercised stock options had an exercise price of $3.16 per share for 100,000 underlying shares of Radiant Logistics common stock. These options were originally granted with an exercise date in July 2017 and an expiration date in July 2026.
Are any of Michael E. Gould’s reported stock options still outstanding after this Form 4?
The filing shows 100,000 stock option rights exercised in full, leaving zero options from that specific grant outstanding. The derivative summary is empty, indicating no remaining derivative position from the exercised Stock Option (Right to Buy) reported here.
Is this RLGT Form 4 transaction a buy or a sell signal for investors?
The Form 4 reflects an option exercise and related tax-withholding disposition, not an open-market purchase or sale. Such compensation-related transactions are typically routine administrative events and do not, by themselves, indicate a directional trading signal.