Radiant Logistics (RLGT) CFO Todd Macomber Receives RSUs, Sells 2,760 for Taxes

What Happened

• Todd Macomber, Chief Financial Officer of Radiant Logistics (RLGT), received and converted restricted stock units (RSUs) into common shares. A 12,006-RSU grant was recorded on 2026-09-10 and an RSU conversion/exercise event occurred on 2026-09-11 for 11,331 shares. To satisfy tax withholding obligations, 2,760 shares were delivered/withheld (disposed) at $8.13 per share, totaling $22,439. The conversion/disposition entries reflect the RSUs converting into shares and the withholding of shares for taxes.

Key Details

• Transaction dates: RSU grant recorded 2026-09-10; RSU vest/conversion and tax withholding occurred 2026-09-11; Form 4 filed 2026-09-14.
• Prices/values: Tax withholding: 2,760 shares at $8.13 = $22,439. The RSU conversion shows $0 cash exercise price (typical for RSU-to-share conversions).
• Net shares from conversion (based on reported numbers): 11,331 shares converted minus 2,760 shares withheld = 8,571 shares potentially delivered to Macomber (filing shows the conversion and the withholding separately).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes of note:
  • F1/F3: RSUs convert one-for-one into common shares; each RSU equals a contingent right to one share.
  • F2: Certain RSUs vested on Sept 11, 2026 and vested shares will be delivered as soon as practicable (within 30 days).
  • F4: A separate RSU tranche vests on Sept 10, 2029 (future vesting schedule).
• Filing timeliness: Form filed on 2026-09-14. The filing shows the transaction dates and the filing date but does not mark a late filing indicator in the summary provided.

Context

• This activity reflects RSU vesting and standard tax withholding via share surrender/sale — a common administrative step when equity awards vest. Such withholding is not an open-market sale intended as a bearish signal; it simply covers tax obligations.
• The derivative entries represent conversion/exercise of RSUs (derivative awards) into common stock rather than exercise of an option for cash.