KISTINGER ROBERT F 4
4 · RESOURCES CONNECTION, INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
RGP Director Robert F. Kistinger Receives 1,677-Share Award
What Happened
Robert F. Kistinger, a director of Resources Connection, Inc. (RGP), received an award of 1,677 derivative phantom shares on 2026-03-20. The shares were reported at $0.00 per share (derivative award), totaling $0 on the Form 4 because these are not common stock grants but cash-settled phantom/share-equivalent units. This was an award (not a purchase or sale) and does not represent an open-market investment.
Key Details
- Transaction date and type: 2026-03-20 — Grant/Award of 1,677 derivative phantom shares (code A).
- Reported price: $0.00 per share (derivative award; no stock exchanged).
- Shares owned after transaction: Not specified in the filing.
- Filing date: Form filed 2026-03-24 (filed within the standard SEC reporting window).
- Footnote: These are dividend-equivalent phantom shares accrued on previously awarded phantom shares under the Directors Deferred Compensation Plan. Each phantom share equals the economic equivalent of one common share and will be paid in cash to the director upon separation of service per his plan election.
Context
Phantom shares are a derivative, cash-settled form of compensation that mirror the economic value of common stock but do not convey voting rights or actual stock ownership until settled. Because this was an award of deferred, cash-settled units (not a market purchase), it should not be interpreted as an immediate insider purchase/sale signal.
Insider Transaction Report
- Award
Phantom Stock
[F1]2026-03-20+1,677→ 91,084 total→ Common Stock (1,677 underlying)
Footnotes (1)
- [F1]Represents dividend equivalent phantom shares accrued on previously awarded phantom shares in accordance with the terms of the Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. These shares of phantom stock will become payable in cash to the reporting person upon separation from service as a director in accordance with the reporting person's election under the Directors Deferred Compensation Plan.