Macomber Todd 4
Research Summary
AI-generated summary
Radiant Logistics (RLGT) CFO Todd Macomber Sells Shares
What Happened
Todd Macomber, Chief Financial Officer of Radiant Logistics, sold a total of 50,000 shares of RLGT in two open-market transactions, generating approximately $423,617 in proceeds. On 2026-05-27 he sold 33,540 shares at a weighted average price of $8.50 (total ~$285,207). On 2026-05-28 he sold 16,460 shares at a weighted average price of $8.41 (total ~$138,410). Both transactions are reported as sales (S).
Key Details
- Transaction dates: 2026-05-27 and 2026-05-28.
- Prices and ranges:
- 33,540 shares at weighted avg $8.50; individual trades ranged $8.50–$8.52 (Footnote F1).
- 16,460 shares at weighted avg $8.41; individual trades ranged $8.40–$8.41 (Footnote F2).
- Aggregate: 50,000 shares sold for ~$423,617.
- Shares owned after transaction: not specified in the excerpt of the filing.
- Type: Open market sales (code S).
- Filing timeliness: Form 4 was filed 2026-05-29 for transactions on 5/27–5/28; this appears to be within the typical two-business-day reporting window.
Context
These were outright open-market sales, which are often routine (liquidity, diversification, tax planning) and do not by themselves indicate management’s view of the company. No option exercises, awards, or gifts are involved in these reported transactions.