SCHEDULE: FMR LLC & Abigail Johnson Boost Radiant Logistics Stake
Schedule 13G Amendment
FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 8.2% in Radiant Logistics Inc., totaling 3,853,017 common shares.
Summary
- FMR LLC and Abigail P. Johnson have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Radiant Logistics Inc.
- As of June 30, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 3,853,017 shares of Radiant Logistics Inc. Common Stock.
- This represents 8.2% of the total outstanding Common Stock of Radiant Logistics Inc.
- FMR LLC holds sole voting power over 3,851,236 shares and sole dispositive power over 3,853,017 shares.
- Abigail P. Johnson holds sole dispositive power over 3,853,017 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, with the Johnson family holding predominant ownership (49% voting power) of FMR LLC through Series B voting common shares and a shareholders' voting agreement.
Sentiment
Score: 6
Explanation: The filing is a routine disclosure of beneficial ownership by a major institutional investor, FMR LLC, and its principal, Abigail P. Johnson, in Radiant Logistics Inc. The continued significant stake (8.2%) suggests ongoing confidence in the company, and the statement that the shares are held in the ordinary course of business without intent to influence control is a neutral to slightly positive signal for stability.
Positives
- A significant institutional investor, FMR LLC, and its principal, Abigail P. Johnson, maintain a substantial stake, indicating continued confidence in Radiant Logistics Inc.
- The filing explicitly states that the shares are held in the ordinary course of business and not for the purpose of changing or influencing control, suggesting a passive investment stance.
Risks
- The concentration of a significant portion of voting power within FMR LLC's Series B voting common shares, predominantly owned by the Johnson family, could influence FMR LLC's internal decisions regarding its investments.
- While stated as passive, any future change in investment strategy by a large beneficial owner like FMR LLC could impact the stock.
Future Outlook
NA
Industry Context
This filing indicates continued institutional interest in the logistics sector, represented by Radiant Logistics Inc. Large investment firms like FMR LLC often hold stakes in companies across various industries, reflecting their broad market exposure.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Internal Governance Disclosure | Disclosure of the Johnson family's predominant ownership (49% voting power) of FMR LLC through Series B voting common shares and a shareholders' voting agreement, indicating their control over FMR LLC. | NA | This details the internal control structure of the reporting entity (FMR LLC), which indirectly influences its investment decisions, but does not directly impact Radiant Logistics Inc.'s corporate governance. |
Stakeholder Impact
- Shareholders: The continued significant stake by a major institutional investor like FMR LLC may be viewed positively, signaling confidence and potentially stability in the stock.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Effective date of Power of Attorney for Richard Bourgelas on behalf of FMR LLC and Abigail P. Johnson. |
| 08/08/2023 | Date of previous Schedule 13G filing by FMR LLC where the Power of Attorney was incorporated by reference. |
| 06/30/2025 | Date of event which requires filing of this statement (reporting period end date for beneficial ownership). |
| 08/05/2025 | Date of signing and agreement for joint filing of this Schedule 13G. |
Recommendation
holdThis filing is a routine disclosure of beneficial ownership by a large institutional investor. It indicates a continued, significant stake in Radiant Logistics Inc. (8.2%) by FMR LLC and Abigail P. Johnson, held for ordinary course of business without intent to influence control. While this signals ongoing institutional confidence, it does not provide new financial performance data or strategic updates that would warrant a 'buy' or 'sell' recommendation. The information supports a 'hold' stance, as it confirms existing institutional interest without presenting new catalysts for significant price movement.
Keywords
Radiant Logistics Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing, logistics, transportation
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