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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
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RESOURCES CONNECTION, INC. (Name of Issuer) |
Common Stock, par value $0.01 per share (Title of Class of Securities) |
76122Q105 (CUSIP Number) |
Jad Fakhry 330 Primrose Road, Suite 400 Burlingame, CA, 94010 (650) 239-9049 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
10/21/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 76122Q105 |
| 1 |
Name of reporting person
Poplar Point Capital Management LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,259,678.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13D
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| CUSIP No. | 76122Q105 |
| 1 |
Name of reporting person
Poplar Point Capital Partners LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,266,457.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
3.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| CUSIP No. | 76122Q105 |
| 1 |
Name of reporting person
Poplar Point Capital GP LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
1,266,457.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
3.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
HC |
SCHEDULE 13D
|
| CUSIP No. | 76122Q105 |
| 1 |
Name of reporting person
Jad Fakhry | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,259,678.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.8 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
|
| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, par value $0.01 per share |
| (b) | Name of Issuer:
RESOURCES CONNECTION, INC. |
| (c) | Address of Issuer's Principal Executive Offices:
15950 NORTH DALLAS PARKWAY, SUITE 330, DALLAS,
TEXAS
, 75248. |
| Item 2. | Identity and Background |
| (a) | (i) Poplar Point Capital Management LLC ('Poplar Point'), is a Delaware corporation, who serves as the investment adviser to Poplar Point Capital Partners LP;
(ii) Poplar Point Capital Partners LP is a Delaware limited partnership;
(iii) Poplar Point Capital GP LLC is a Delaware corporation;
(iv) Jad Fakhry ("Mr. Fakhry") serves as the Mananger for Poplar Point.
Poplar Point, Poplar Point Capital Partners LP, Poplar Point Capital GP LLC, and Mr. Fakhry are referred to collectively as the "Reporting Persons." |
| (b) | The address of the principal business and principal office of each of the Reporting Persons is:
330 Primrose Road, Suite 400
Burlingame, CA 94010 |
| (c) | The principal business of each Poplar Point, Poplar Point Capital Partners LP, and Poplar Point Capital GP LLC is investing securities.
The principal occupation of Mr. Fakhry is serving as the Manager of Poplar Point. |
| (d) | During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | During the past five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | Poplar Point ('PPCM') is a Delaware corporation.
Poplar Point Capital Partners LP ('PPCP') is a Delaware limited partnership.
Poplar Point Capital GP LLC ('PPCGP') is a Delaware corporation.
Mr. Fakhry is a citizen of the United States of America. |
| Item 3. | Source and Amount of Funds or Other Consideration |
PPCM directly holds 2,259,678 shares of Common Stock. Consideration for these assets came from working capital of PPCM. | |
| Item 4. | Purpose of Transaction |
The purpose of the acquisition of the Common Stock is for investment, and the acquisitions of the Common Stock were made in the ordinary course
of business. Given the Reporting Persons' ownership percentage of the Issuer, the Reporting Persons holding of the Common Stock may have the
purpose or effect of control. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | (i) PPCM
2,259,678
6.80%
(ii) PPCP
1,266,457
3.80%
(iii) PPCGP
1,266,457
3.80%
(iv) Jad Fakhry
2,259,678
6.80% |
| (b) | (i) PPCM
Sole Voting Power - 0
Shared Voting Power - 2,259,678
Sole Dispositive Power - 0
Shared Dispositive Power - 2,259,678
(ii) PPCP
Sole Voting Power - 0
Shared Voting Power - 1,266,457
Sole Dispositive Power - 0
Shared Dispositive Power - 1,266,457
(iii) PPCGP
Sole Voting Power - 0
Shared Voting Power - 1,266,457
Sole Dispositive Power - 0
Shared Dispositive Power - 1,266,457
(iv) Jad Fakhry
Sole Voting Power - 0
Shared Voting Power - 2,259,678
Sole Dispositive Power - 0
Shared Dispositive Power - 2,259,678 |
| (c) | In the past 60 days, the following transactions were effected by the Reporting Persons, in normal course of business:
Fund:
09/09/2025 - Purchased 7,135 shares at a price of $5.09
09/10/2025 - Purchased 5,031 shares at a price of $5.04
09/12/2025 - Purchased 3,257 shares at a price of $5.09
10/07/2025 - Purchased 6,364 shares at a price of $4.76
10/09/2025 - Purchased 60,000 shares at a price of $4.88
10/10/2025 - Purchased 36,498 shares at a price of $4.51
10/13/2025 - Purchased 25,800 shares at a price of $4.35
10/14/2025 - Purchased 22,800 shares at a price of $4.25
10/20/2025 - Purchased 2,384 shares at a price of $4.32
10/21/2025 - Purchased 1,076 shares at a price of $4.34
SMA:
09/09/2025 - Purchased 5,167 shares at a price of $5.09
09/10/2025 - Purchased 3,643 shares at a price of $5.04
09/12/2025 - Purchased 2,359 shares at a price of $5.09
10/07/2025 - Purchased 4,609 shares at a price of $4.76
10/09/2025 - Purchased 40,000 shares at a price of $4.88
10/10/2025 - Purchased 27,533 shares at a price of $4.51
10/13/2025 - Purchased 34,200 shares at a price of $4.35
10/14/2025 - Purchased 40,000 shares at a price of $4.25
10/20/2025 - Purchased 1,798 shares at a price of $4.32
10/21/2025 - Purchased 812 shares at a price of $4.34
10/21/2025 - Purchased 34,558 shares at a price of $4.41 |
| (d) | No other person is known to the Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of Common Stock covered by this Statement. |
| (e) | Not applicable. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
Other than as described herein, to the knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships,
legal or otherwise, among the Reporting Persons or between the Reporting Persons and any other persons with respect to any securities of the
Issuer, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls,
guarantees of profits, division of profits or loss, or the giving or withholding of proxies. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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