Form 4: Resources Connection COO, Bhadreskumar Patel, Reports Stock Transactions

Bhadreskumar Patel, COO of Resources Connection, Inc. (RGP), reports the acquisition and disposal of common stock on April 7, 2025.

Summary

• On April 7, 2025, Bhadreskumar Patel, the COO of Resources Connection, Inc. (RGP), engaged in transactions involving the company's common stock.
• Patel acquired 9,900 shares at a weighted average price of $5.0508 per share, with individual prices ranging from $5.0399 to $5.06.
• The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
• Additionally, 2,268.7468 shares were disposed of to cover tax withholding obligations related to vested restricted stock units at $5.13.
• Following these transactions, Patel directly owns 128,829.881 shares of Resources Connection, Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an officer.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the insider's actions.

Key Dates

Keywords

Form 4, Resources Connection Inc, RGP, Bhadreskumar Patel, COO, stock transaction, beneficial ownership, insider trading