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RESOURCES CONNECTION, INC. [RGP]

Reporting date: 10/10/2025

⚠️ Bearish Insider Sale Detected

📝 What Happened

  • Insider: Cherbak Anthony
  • Role: Director
  • Company: RESOURCES CONNECTION, INC. (RGP)
  • Transaction Date(s): 2025-10-10
  • Table I (Non-Derivative Securities)
    • Sale : 10,000
    • Average Sale Price: $4.5008
    • Total Value: $45,008.00
    • Post-Transaction Direct Holdings: 64,408
    • Indirect Holdings: 15,400
    • 10b5-1 Plan Used? No

📄 Summary

Cherbak Anthony, Director at RESOURCES CONNECTION, INC. (RGP), sold 10,000 shares on October 10, 2025, at an average price of $4.50, realizing proceeds of about ~$45,008. After the transaction, he now holds 64,408 direct shares and 15,400 indirect shares. For retail traders, this is a neutral-to-slightly bearish event: modest insider sale that looks like routine liquidity or profit-taking.

🔑 Interpretation

  • Type: Discretionary sale (not reported as a 10b5-1 plan)
  • Disposition: Shares were sold (disposed) immediately as of the transaction date
  • Size Context: The sale of 10,000 shares represents roughly 15% of the reporting person's direct holding (10,000 of 64,408) and ~12.5% of combined holdings; size is material but not majority-divesting—consistent with liquidity or profit-taking rather than full exit
  • ATH Metric: Using the trade price (~$4.50) as the recent reference point, this trade occurred well below typical all-time highs for many equities and nearer the lower end of recent trading ranges; not executed at a clear all-time high and appears opportunistic for liquidity rather than timing a peak. Confirm with full historical price data for precise ATH/ATL context.
  • Outlier Check: Not unusually large relative to the insider's reported holdings in this filing; no prior trades in this document to signal an abnormal pattern

📊 Bullish or Bearish?

Bearish

Bearish. The filing shows a coded sale (S) by a director, producing clear realized proceeds and reducing direct holdings; however, the insider retains a substantial position and the trade was not executed under a 10b5-1 plan, suggesting routine liquidity or profit-taking rather than a strong negative signal. Data completeness is good for this transaction, but cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like routine profit-taking rather than a definitive bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by large coordinated sales from multiple senior insiders.