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 on May 10, 2024.
Summary
- On May 10, 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 1,886 shares of common stock at a price of $3.07 per share.
- Simultaneously, Macomber disposed of 1,361 shares of common stock at a price of $5.08 per share to cover tax obligations related to the option exercise.
- Following these transactions, Macomber directly owns 197,754 shares of Radiant Logistics common stock.
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 Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/13/2015 | First installment of stock options became exercisable |
| 05/13/2019 | Stock options were fully exercisable |
| 05/10/2024 | CFO exercised stock options and disposed of shares |
| 05/12/2024 | Expiration date of derivative security |
| 05/14/2024 | Date of Form 4 signature |
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