Macomber Todd 4
Research Summary
AI-generated summary
Radiant Logistics (RLGT) CFO Todd Macomber Sells 13,089 Shares
What Happened
Todd Macomber, Chief Financial Officer of Radiant Logistics, sold 13,089 shares on June 9, 2026. The Form 4 reports a weighted average sale price of $9.30, for total proceeds of approximately $121,787. The shares were disposed (sale), which is generally a routine insider sale rather than a bullish signal.
Key Details
- Transaction date: 2026-06-09 (reported on Form 4 filed 2026-06-11).
- Price: weighted average $9.30; individual trades ranged from $9.27 to $9.43 per share (per filing footnote).
- Shares sold: 13,089; total proceeds ≈ $121,787.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: weighted-average price reported; multiple transactions at prices between $9.27–$9.43.
- Filing timeliness: filed two days after the transaction (timely under the typical 2-business-day SEC rule).
Context
This was an outright sale (transaction code "S"). Sales by insiders can be for many personal reasons and do not necessarily reflect company prospects; purchases are often considered more informative about insider sentiment. No option exercise, gift, or 10b5-1 plan was disclosed in the provided excerpt.