Vizi Bradley 4
Research Summary
AI-generated summary
RCM Technologies (RCMT) 10% Owner Vizi Bradley Sells Shares
What Happened
Vizi Bradley, identified as a 10% owner of RCM Technologies (RCMT), executed several transactions on April 7–8, 2026. Bradley sold a total of 62,932 shares in open-market or plan-directed dispositions (13,666 at ~$27.55, 8,237 at ~$27.52, and 41,029 surrendered at ~$27.87) generating roughly $1.75 million. On April 8, Bradley also acquired 104,266 shares at $0.00 upon the vesting of performance stock units (PSUs) previously granted as compensation.
Key Details
- Transaction dates: April 7, 2026 (sale of 13,666 shares @ $27.55, $376,498) and April 8, 2026 (sale of 8,237 shares @ $27.52, $226,682; acquisition of 104,266 shares @ $0.00; surrender of 41,029 shares @ $27.87 for tax/payment, $1,143,478). Total proceeds from disposals ≈ $1,746,658.
- Sale price notes: weighted-average ranges reported for some sales (noted in filing) between $27.50–$27.85 and $27.50–$27.74; reporting person can provide per-price breakdown on request.
- Shares surrendered: 41,029 shares were surrendered in a net share settlement to cover taxes/consideration related to the vested PSUs.
- Award: 104,266 shares were acquired on vesting of PSUs granted Feb 2024 and Apr 2025 (previously reported).
- Plan sale: one sale was made under a nondiscretionary Rule 10b5-1 plan established Dec 7, 2023.
- Filing timeliness: Form 4 was filed Apr 9, 2026 for transactions on Apr 7–8; the filing is marked late in the report.
- Shares owned after transaction: not disclosed in the provided filing summary.
Context
- The acquisition (104,266 shares) is compensation-related (vested PSUs); such awards are routine and reflect prior grants rather than a market purchase.
- The 41,029-share surrender was a net share settlement to satisfy tax obligations on the vested PSUs (a common practice that reduces net shares received).
- The sales include a nondiscretionary 10b5-1 plan sale—these are pre-arranged, rule-compliant dispositions and generally viewed as automatic rather than an active timing decision by the insider.
- As a 10% owner (not necessarily an executive trading for market view), these transactions include both compensation-related vesting and routine disposals to cover tax/plan terms.