Form 4: Radiant Logistics CFO Todd Macomber Reports Stock Transactions
SEC Form 4 Filing
Radiant Logistics' Chief Financial Officer, Todd Macomber, reported the vesting and subsequent disposal of restricted stock units on September 15, 2024.
Summary
- On September 15, 2024, Todd Macomber, the CFO of Radiant Logistics, Inc., reported transactions involving the company's common stock.
- Macomber acquired 16,229 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Macomber disposed of 3,952 shares to cover tax obligations at a price of $6.63 per share.
- Following these transactions, Macomber directly owns 210,799 shares of Radiant Logistics common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CFO, who trade in their company's stock. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of earliest transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.