Radiant Logistics Files DEF 14A on Executive Compensation

TL;DR

Radiant Logistics DEF 14A out: Executive comp details for FY24, equity awards for PEOs and others.

AI Summary

Radiant Logistics, Inc. filed a DEF 14A on October 7, 2024, detailing executive compensation and other corporate governance matters for the fiscal year ending June 30, 2024. The filing includes information on equity awards granted to its principal executive officers (PEO) and non-PEO/non-executive officers, with data points for fiscal years 2021 through 2024.

Why It Matters

This filing provides transparency into how Radiant Logistics compensates its top executives, which can influence investor decisions and perceptions of company management.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses executive compensation and corporate governance information, not typically indicative of immediate financial risk.

Key Numbers

• 2021-2024 — Fiscal Years Covered (Information on equity awards and compensation is provided for these fiscal years.)

Key Players & Entities

• RADIANT LOGISTICS, INC (company) — Filer
• 0000950170-24-113211 (filing_id) — Accession Number
• 20241007 (date) — Filing Date
• 20241115 (date) — Period of Report
• 0630 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $802.5 million — ear 2024 BUSINESS SUMMARY FINANCIAL $802.5 million Revenues Achieved $802.5 million in
• $236.5 million — eved $802.5 million in total revenues $236.5 million Non-GAAP Adjusted Gross Profit Achi
• $7.7 million — ion in non-GAAP adjusted gross profit $7.7 million Net Income Achieved net income of $
• $7.7 m — n Net Income Achieved net income of $7.7 million, or $0.16 per basic and fully dil
• $0.16 — Achieved net income of $7.7 million, or $0.16 per basic and fully diluted share $22
• $22.6 million — .16 per basic and fully diluted share $22.6 million Non-GAAP Adjusted Net Income Achiev
• $22.6 m — chieved non-GAAP adjusted net income of $22.6 million, or $0.48 per basic and $0.46 per
• $0.48 — djusted net income of $22.6 million, or $0.48 per basic and $0.46 per fully diluted s
• $0.46 — f $22.6 million, or $0.48 per basic and $0.46 per fully diluted share $31.2 million
• $31.2 million — sic and $0.46 per fully diluted share $31.2 million Non-GAAP Adjusted EBITDA and Adjusted
• $31.2 m — Achieved non-GAAP adjusted EBITDA of $31.2 million, and non-GAAP adjusted EBITDA Mar
• $1.0 million — than 10% of our revenues STRATEGIC $1.0 million 2024 Investment in Robust and Advance

Filing Documents

• rlgt-20241007.htm (DEF 14A) — 1625KB
• img201936844_0.jpg (GRAPHIC) — 9KB
• img201936844_1.jpg (GRAPHIC) — 9KB
• img201936844_2.jpg (GRAPHIC) — 9KB
• img201936844_3.jpg (GRAPHIC) — 19KB
• img201936844_4.jpg (GRAPHIC) — 19KB
• img201936844_5.jpg (GRAPHIC) — 5KB
• img201936844_6.jpg (GRAPHIC) — 2KB
• img201936844_7.jpg (GRAPHIC) — 3KB
• img201936844_8.jpg (GRAPHIC) — 7KB
• img201936844_9.jpg (GRAPHIC) — 116KB
• img201936844_10.jpg (GRAPHIC) — 119KB
• img201936844_11.jpg (GRAPHIC) — 9KB
• 0000950170-24-113211.txt ( ) — 3015KB
• rlgt-20241007.xsd (EX-101.SCH) — 23KB
• rlgt-20241007_htm.xml (XML) — 170KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 50 PAY VERSUS PERFORMANCE 59 DIRECTOR COMPENSATION 61 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 63 STOCK OWNERSHIP 63 INFORMATION ABOUT THE 2024 ANNUAL MEETING 65 OTHER MATTERS 69 ANNEX I – RECONCILIATION OF NON-GAAP FINANCIAL MEASURES 73 _____________________ References in this proxy statement to: "Radiant Logistics," "we," "us," "our," or the "Company" refer to Radiant Logistics, Inc.; "Board" refers to the Board of Directors of Radiant Logistics; "Annual Meeting" refers to our 2024 Annual Meeting of Stockholders; and "2024 Annual Report" or "2024 Annual Report to Stockholders" refers to our Annual Report on Form 10-K for the year ended June 30, 2024, being made available together with this proxy statement. Information on our website and any other website referenced herein is not incorporated by reference into, and does not constitute a part of, this proxy statement. and denote trademarks and registered trademarks of Radiant Logistics, Inc. or our affiliates, registered as indicated in the United States. All other trademarks and trade names referred to in this release are the property of their respective owners. We intend to make this proxy statement and our 2024 Annual Report available online and to commence mailing of the notice to all stockholders entitled to vote at the Annual Meeting beginning on or about October 7, 2024. We will mail paper copies of these materials, together with a proxy card, within three business days of a request properly made by a stockholder entitled to vote at the 2024 Annual Meeting of Stockholders. Radiant Logistics, Inc. – 2024 Proxy Statement 3 PROXY STATEMENT SUMMARY This executive summary provides an overview of the information included in this proxy statement. We recommend that you review the entire proxy statement and our 2024 Annual Report to Stockholders before voting. 2024 ANNUAL MEETING OF STOCKHOLDERS DATE AND TIME Friday, Novembe

EXECUTIVE COMPENSATION BEST PRACTICES

EXECUTIVE COMPENSATION BEST PRACTICES Our compensation practices include many best pay practices that support our executive compensation objectives and principles and benefit our stockholders. What We Do What We Don't Do Maintain a competitive compensation package No guaranteed salary increases or bonuses Structure our executive officer compensation so that a significant portion of pay is at risk No excessive perquisites Emphasize long-term performance in our equity-based incentive awards No repricing of stock options unless approved by stockholders Maintain a robust clawback policy No pledging of Radiant securities Require a double-trigger for equity acceleration upon a change of control No short sales or derivative transactions in Radiant stock, including hedges Have robust stock ownership and retention guidelines No current payment of dividends on unvested awards Hold an annual say-on-pay vote No excise or other tax gross-ups (other than the grandfathered arrangement with our founder and CEO) Radiant Logistics, Inc. – 2024 Proxy Statement 8 2025 ANNUAL MEETING OF STOCKHOLDERS Date of 2025 Annual Meeting of Stockholders We anticipate that our 2025 Annual Meeting of Stockholders will be held on or about Thursday, November 13, 2025. Important Dates for Stockholder Submissions The following are important dates in connection with our 2025 Annual Meeting of Stockholders. Stockholder Action Submission Deadline Proposal Pursuant to Rule 14a-8 of the Securities Exchange Act of 1934 No later than June 9, 2025 Nomination of a Candidate Pursuant to our Bylaws and Rule 14a-19 of the Securities Exchange Act of 1934 Between August 15, 2025 and September 14, 2025 Proposal of Other Business for Consideration Pursuant to our Bylaws Between August 30, 2025 and September 24, 2025 OUR COMMIT MENT TO ENVIRONMENTAL, SOCIAL, AND GOVERNANCE PRINCIPLES OUR esg STORY The Board continues to deepen its commitment to ESG valu

View Full Filing

View this DEF 14A filing on SEC EDGAR