Radiant Logistics (RLGT) CFO offloads 50,000 shares in open-market sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radiant Logistics Chief Financial Officer Todd Macomber reported selling a total of 50,000 shares of common stock in open-market transactions. He sold 33,540 shares on May 27, 2026 at a weighted average price of $8.5035 per share and 16,460 shares on May 28, 2026 at a weighted average price of $8.4089, with individual trades ranging from $8.40 to $8.52. Following these sales, he directly holds 112,249 shares of Radiant Logistics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($423,618)
Net Sell
2 txns
Insider
Macomber Todd
Role
Chief Financial Officer
Sold
50,000 shs ($424K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,460 | $8.4089 | $138K |
| Sale | Common Stock | 33,540 | $8.5035 | $285K |
Holdings After Transaction:
Common Stock — 112,249 shares (Direct, null)
Footnotes (1)
- The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $8.50 to $8.52, inclusive. The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $8.40 to $8.41, inclusive.
Key Figures
Total shares sold: 50,000 shares
Shares sold May 27, 2026: 33,540 shares at $8.5035/share
Shares sold May 28, 2026: 16,460 shares at $8.4089/share
+3 more
6 metrics
Total shares sold
50,000 shares
Open-market sales reported on Form 4
Shares sold May 27, 2026
33,540 shares at $8.5035/share
Weighted average sale price, multiple trades
Shares sold May 28, 2026
16,460 shares at $8.4089/share
Weighted average sale price, multiple trades
Price range May 27, 2026
$8.50–$8.52
Footnote-disclosed intraday trade range
Price range May 28, 2026
$8.40–$8.41
Footnote-disclosed intraday trade range
Shares held after transactions
112,249 shares
Direct ownership following May 28, 2026 sale
Key Terms
open-market sale, weighted average price, beneficially owned, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" describes how the shares were sold"
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
"The price reported is the weighted average price. These shares were sold in multiple transactions"
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.
beneficially owned financial
"total_shares_following_transaction represents shares beneficially owned after the sale"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 regulatory
"This insider activity is reported on a Form 4 insider trading report"
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 Radiant Logistics (RLGT) report for its CFO?
Radiant Logistics reported that CFO Todd Macomber sold 50,000 shares of common stock in open-market transactions. These sales occurred over two days at prices slightly above $8.40 per share, and he continues to directly hold 112,249 shares afterward.