Form 4: Radiant Logistics CFO Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Todd Macomber, CFO of Radiant Logistics, exercised stock options and disposed of shares to cover tax obligations.
Summary
- On November 6, 2024, Todd Macomber, the Chief Financial Officer of Radiant Logistics, Inc. (RLGT), executed transactions involving the company's stock.
- Macomber exercised stock options to acquire 1,196 shares of common stock at a price of $4.10 per share.
- Simultaneously, Macomber disposed of 787 shares of common stock at a price of $7.48 per share to satisfy tax obligations related to the option exercise.
- Following these transactions, Macomber directly owns 211,208 shares of Radiant Logistics.
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 insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by a key executive.
Key Dates
| Date | Description |
|---|---|
| 11/11/2015 | First installment of stock options became exercisable |
| 11/11/2019 | Stock options fully exercisable |
| 11/06/2024 | CFO exercised stock options and disposed of shares |
| 11/08/2024 | Date of signature for the Form 4 filing |
| 11/10/2024 | Date of expiration for the stock options |
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