Iyer Venkataraman Ramaswamy 4
Research Summary
AI-generated summary
Resources Connection (RGP) President Iyer Venkataraman Ramaswamy Receives Award
What Happened
Iyer Venkataraman Ramaswamy, President of Resources Connection, Inc. (RGP), was granted 1,471.035 shares on 2026-03-20. The Form 4 lists this as an award/acquisition at $0.00 (acquired value $0), reflecting dividend-equivalent rights tied to previously awarded restricted stock units (RSUs) rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-20; filing date: 2026-03-24 (timely within the two-business-day Form 4 window).
- Transaction type/code: A — Award/Grant (acquisition at $0.00).
- Shares received: 1,471.035 common shares. Total cash paid listed: $0.00.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Dividend equivalent rights accrued on previously awarded RSUs and vest proportionately with those units (per footnote F1).
- No 10b5-1 plan, tax-withholding sale, or late filing indicated in the provided data.
Context
This transaction represents compensation (dividend equivalents credited on RSUs) that will vest along with the underlying restricted stock units. Such awards are standard executive compensation and differ from open-market purchases or sales; they do not by themselves signal a buying or selling decision by the insider.