BETA Technologies launches IPO of 25 million shares priced $27-$33
Director Anthony Cherbak of Resources Connection Inc (NASDAQ:RGP) sold 10,000 shares of common stock on October 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $4.5008, for a total value of $45,008. Prices ranged from $4.455 to $4.54 per share. The transaction comes as RGP’s stock trades near its 52-week low of $4.44, having declined over 8% in the past week. Despite recent price weakness, the company maintains a notable 6.17% dividend yield and appears undervalued according to InvestingPro analysis.
Following the transaction, Cherbak directly owns 64,408 shares of Resources Connection, Inc. common stock and indirectly owns 15,000 shares held in the Cherbak Family Trust and 400 shares in a custodial account for a child. For comprehensive insider trading analysis and 11 additional key insights about RGP, visit InvestingPro, where you’ll find detailed research reports covering what really matters for smarter investment decisions.
In other recent news, Resources Connection Inc. reported its financial results for the first quarter of fiscal year 2026. The company’s earnings per share (EPS) of $0.03 exceeded analyst expectations, which had forecasted an EPS of $0.01, resulting in a 200% surprise. However, the company faced a shortfall in revenue, reporting $120.2 million compared to the anticipated $135 million. These developments highlight mixed financial performance for the quarter. The earnings announcement was followed by a modest increase in aftermarket trading. This reflects a positive reaction despite the revenue miss. Investors and analysts may continue to monitor Resources Connection closely as they assess the implications of these results.
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