Form 4: Radiant Logistics CFO Acquires Restricted Stock Units
SEC Form 4 Filing
Todd Macomber, CFO of Radiant Logistics, acquired 10,471 restricted stock units on September 10, 2024, which will vest on September 15, 2027.
Summary
- Todd Macomber, the Chief Financial Officer of Radiant Logistics, Inc. (RLGT), reported a transaction on September 10, 2024.
- Macomber acquired 10,471 restricted stock units, each representing a contingent right to receive one share of common stock.
- These restricted stock units vest on September 15, 2027, and the vested shares will be delivered to Macomber within 30 days after vesting.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of stock units being granted to an executive.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's acquisition of restricted stock units, which is a common form of executive compensation.
Stakeholder Impact
- The acquisition of restricted stock units by the CFO aligns his interests with those of the shareholders, as the value of the units is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: CFO acquired restricted stock units. |
| 09/15/2027 | Vesting date for the restricted stock units. |
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