Radiant Logistics (NYSE Arca: RLGT) director exercises options, shares withheld
Rhea-AI Filing Summary
Radiant Logistics director Michael E. Gould exercised stock options for 100,000 shares of common stock on May 20, 2026 at $3.16 per share. To cover the exercise price and related taxes, 37,396 shares were delivered at $8.45 per share. After these transactions he directly held 753,872 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 62,604 shares
Net Buy
3 txns
Insider
Gould Michael E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 100,000 | $3.16 | $316K |
| Exercise | Common Stock | 100,000 | $3.16 | $316K |
| Exercise Price or Tax Liability | Common Stock | 37,396 | $8.45 | $316K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 753,872 shares (Direct)
Key Figures
Options exercised: 100,000 shares
Exercise price: $3.16 per share
Shares delivered for taxes/exercise: 37,396 shares
+2 more
5 metrics
Options exercised
100,000 shares
Stock options for common stock exercised on May 20, 2026 at $3.16 per share
Exercise price
$3.16 per share
Exercise or conversion price for 100,000-share stock option grant
Shares delivered for taxes/exercise
37,396 shares
Common shares delivered at $8.45 per share to satisfy exercise price and tax liability
Tax-withholding price
$8.45 per share
Per-share value used for the 37,396-share tax-withholding disposition
Post-transaction holdings
753,872 shares
Direct common stock position held by Michael E. Gould after the reported transactions
Key Terms
Stock Option (Right to Buy), derivative security, tax-withholding disposition
3 terms
Stock Option (Right to Buy) financial
"Security title listed as Stock Option (Right to Buy) for the derivative transaction"
derivative security financial
"Transaction code M described as 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.
tax-withholding disposition financial
"Transaction action labeled as tax-withholding disposition for F-coded transaction"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RLGT director Michael E. Gould report?
Michael E. Gould reported exercising stock options for 100,000 RLGT common shares on May 20, 2026 at $3.16 per share. In a related move, he delivered 37,396 shares at $8.45 per share to cover the exercise price and tax obligations.
How many RLGT options did Michael E. Gould exercise and at what price?
He exercised options covering 100,000 RLGT common shares at an exercise price of $3.16 per share. The exercised options were fully converted into common stock, eliminating that specific option position and increasing his direct common share holdings on the transaction date.
Did the RLGT director's Form 4 include any remaining options after the exercise?
The Form 4 shows a stock option for 100,000 shares that was fully exercised, leaving 0 shares in that specific option grant. The derivative summary in the report does not list additional option positions associated with this particular transaction sequence.