4Accepted Sep 14, 4:15 PM ET
Radiant Logistics (RLGT) CCO Arnold Goldstein Converts RSUs; Shares Withheld
Accepted (ET)
4:15 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
10.8 KB
Summary
Radiant Logistics (RLGT) CCO Arnold Goldstein Converts RSUs; Shares Withheld
What Happened
Arnold Goldstein, Chief Commercial Officer of Radiant Logistics (RLGT), converted/exercised restricted stock units (derivative securities) into 11,382 shares of common stock on Sept. 11, 2026. To satisfy tax withholding on that conversion, 2,772 shares were withheld/disposed at a per-share value of $8.13, totaling $22,536. The Form 4 also reports a separate grant of 12,035 restricted stock units on Sept. 10, 2026 (derivative award, $0 exercise price).
Key Details
- Transaction dates: grant on 2026-09-10; conversion/exercise and withholding on 2026-09-11. Form 4 filed 2026-09-14 (timely).
- Conversion/exercise reported: 11,382 shares (derivative -> common stock). No cash exercise price reported (RSU conversion).
- Tax withholding: 2,772 shares withheld/disposed at $8.13 per share = $22,536.
- Grant reported: 12,035 restricted stock units awarded 2026-09-10 (derivative award, $0.00).
- Shares owned after the transaction: not specified in the filing.
- Relevant footnotes: RSUs convert one-for-one into common stock and each RSU represents the right to one share. Some RSUs noted as vested Nov. 14, 2025 (delivery within 30 days), while the 12,035-share award vests on Sept. 10, 2029 (delivery within 30 days after vesting).
Context
- These transactions involve restricted stock units (RSUs), not open-market purchases or sales. The conversion of RSUs into shares is common when units vest; withholding shares to cover tax obligations is a routine administrative action, not a market sale for cash proceeds.
- The filing appears timely (filed within required reporting window).
- For retail investors: conversions and grant disclosures show executive equity compensation and potential future dilution as RSUs vest and convert to shares; they are informative about compensation but not direct buy/sell signals.