Form 4: RGP COO Bhadreskumar Patel Reports Stock Transactions
Insider Transaction Report
RESOURCES CONNECTION, INC. COO Bhadreskumar Patel reported the disposition of shares to cover tax withholding obligations from vested restricted stock units.
Summary
- Bhadreskumar Patel, Chief Operating Officer (COO) of RESOURCES CONNECTION, INC. (RGP), reported two transactions involving the disposition of common stock.
- On November 11, 2025, 608.3979 shares were disposed of at a price of $4.54 per share.
- On November 12, 2025, an additional 3,369.1797 shares were disposed of at a price of $4.53 per share.
- These dispositions were made to satisfy tax withholding obligations related to the payout of previously vested restricted stock units.
- Following these transactions, Patel beneficially owns 121,439.6954 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine compliance filing (Form 4) reporting insider transactions for tax withholding purposes. It does not contain information that would typically alter the market's perception of the company's financial health or future prospects, hence a neutral sentiment.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically the disposition of shares by a corporate officer to cover tax obligations upon the vesting of restricted stock units. Such transactions are common across all industries as part of executive compensation plans and do not typically reflect specific industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact, as these are routine tax-related dispositions of vested equity compensation.
- Employees: No direct impact beyond the reporting person.
- Customers/Suppliers/Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 11/11/2025 | Disposition of 608.3979 shares of Common Stock by Bhadreskumar Patel for tax withholding. |
| 11/12/2025 | Disposition of 3,369.1797 shares of Common Stock by Bhadreskumar Patel for tax withholding. |
| 11/13/2025 | Date Form 4 was signed and filed. |
Keywords
RESOURCES CONNECTION INC, RGP, Bhadreskumar Patel, COO, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Equity Compensation
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