Lane Michael Wayne 4

What Happened Lane Michael Wayne, President of Resources Connection, Inc. (RGP), had 1,481.039 shares withheld by the company to satisfy tax withholding obligations tied to the payout of previously granted restricted stock units (RSUs). The withholding is reported as a disposition at an effective price of $4.71 per share, totaling $6,976. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-10; Filing date: 2026-06-12 (timely within the usual 2-business-day Form 4 window).
• Amount withheld/disposed: 1,481.039 shares at $4.71 per share; gross value reported $6,976.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Withholding represents shares surrendered to satisfy tax obligations for vested RSUs previously reported; includes an adjustment of 0.0387 shares for fractional-share rounding.
• Transaction code: F (tax withholding on RSU payout) — a routine administrative disposition.

Context This transaction is a routine, non-market-sale action to satisfy tax obligations on vested RSUs (a cashless/withholding settlement), and generally should not be interpreted as a directional insider trade signal. The size ($6.98k) is small relative to typical open-market insider trades.