Form 4: Radiant Logistics CEO Bohn H. Crain Transfers and Gifts Shares
SEC Form 4 Filing
CEO Bohn H. Crain reports transactions involving Radiant Logistics stock, including transfers from Radiant Capital Partners, LLC and a gift to his spouse.
Summary
- On December 26, 2024, Bohn H. Crain, CEO of Radiant Logistics, engaged in multiple transactions involving the company's common stock.
- He received 5,000,000 shares from Radiant Capital Partners, LLC, increasing his direct holdings.
- He then gifted 2,000,000 shares to his spouse.
- Following these transactions, Crain directly owns 4,179,713 shares and indirectly owns 2,000,000 shares through his spouse and 3,935,352 shares through Radiant Capital Partners, LLC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the holdings and transactions of key executives.
Related Party Transactions
- The transfer of shares from Radiant Capital Partners, LLC, an entity over which Mr. Crain has sole voting and dispositive power, is a related party transaction.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership distribution, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 12/26/2024 | Date of stock transfer from Radiant Capital Partners, LLC to Bohn H. Crain and gift of shares to spouse. |
| 12/30/2024 | Date of signature on the Form 4 filing. |
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