Lane Michael Wayne 4

What Happened Michael Lane (listed as Lane Michael Wayne), President of Resources Connection, Inc. (RGP), was credited with 3,688.427 shares on March 20, 2026. The shares were reported as an award/acquisition (code A) at $0.00 per share (total reported value $0). This was not a market purchase or sale but an award of shares tied to prior compensation.

Key Details

• Transaction date and type: 2026-03-20 — Award/acquisition of 3,688.427 shares (code A) at $0.00 per share.
• Filing date: Form 4 filed 2026-03-24 (four calendar days after the transaction).
• Shares owned after transaction: Not disclosed in the provided excerpt — check the full Form 4 for total beneficial ownership.
• Footnote: The shares "represent dividend equivalent rights accrued on previously awarded restricted stock units which vest proportionately with the units to which they relate."
• No indication this was a sale, purchase, option exercise, or a 10% owner transaction.

Context These shares are dividend-equivalent rights tied to previously granted restricted stock units (RSUs). Such awards are compensation-related and do not represent a cash purchase or an open-market trade; they typically reflect vesting and accrued dividends rather than an insider market signal.