Form 4: Marco von Maltzan Reports Acquisition of Phantom Stock in Resources Connection, Inc.

Director Marco von Maltzan reports the acquisition of phantom stock in Resources Connection, Inc. under the Directors Deferred Compensation Plan.

Summary

• Marco von Maltzan, a director of Resources Connection, Inc. (RGP), reported the acquisition of 11,467 shares of phantom stock on January 2, 2025.
• The phantom stock was awarded under the Directors Deferred Compensation Plan.
• The award vests 25% after one year and 25% each year thereafter for the next three years.
• Each share of phantom stock is the economic equivalent of one share of common stock.
• The vested shares of phantom stock become payable in cash upon separation from service as a director.
• Following the transaction, von Maltzan beneficially owns 60,743 shares of phantom stock directly.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing related to director compensation, indicating a neutral to slightly positive sentiment as it reflects ongoing commitment and alignment of interests.

Positives

• The acquisition of phantom stock aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service as a director.

Future Outlook

The phantom stock vests over the next three years, becoming payable in cash upon separation from service as a director.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Stakeholder Impact

• The acquisition of phantom stock aligns the director's interests with those of the shareholders.

Key Dates