RYTHM director sells 1,900 shares at $38.23 — Form 4 disclosure
Vakili Armon, identified as a Director of RYTHM, Inc. (ticker RYM), reported a sale of company common stock on 09/09/2025.
Rhea-AI Filing Summary
Vakili Armon, identified as a Director of RYTHM, Inc. (ticker RYM), reported a sale of company common stock on 09/09/2025. The filing shows 1,900 shares were sold through multiple transactions at a weighted-average price of $38.2277 per share, with prices in the range $38.00 to $38.50. After the reported sale, the reporting person beneficially owned 8,100 shares, held in a direct capacity. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Kathryn A. Lloyd, dated 09/10/2025. The filer checked the box indicating this is a Form filed by one reporting person.
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Insights
TL;DR: A company director sold 1,900 shares at a weighted-average of $38.2277, retaining 8,100 shares.
The Form 4 documents a routine insider disposition by a director rather than an option exercise or derivative transaction. The sale was executed in multiple trades within a narrow price band ($38.00–$38.50) and left the director with 8,100 shares outstanding. There is no accompanying information about any Rule 10b5-1 plan, proceeds usage, or any derivative activity, so the disclosure is limited to the outright sale and resulting shareholding.
TL;DR: Disclosure shows direct sale by a director, filed via attorney-in-fact; no additional context provided.
The filing correctly identifies the reporting person as a director and records a direct disposition of common stock. Signature by an attorney-in-fact is noted, which is a standard procedural element. The Form does not indicate whether the trades were part of a pre-arranged trading plan or routine portfolio management, limiting assessment of governance or signaling implications. Based solely on the filing, this is a single-person insider sale with clear post-transaction ownership disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,900 | $38.2277 | $73K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.00 to $38.50, inclusive. The reporting person hereby undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
FAQ
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What did the RYTHM, Inc. (RYM) Form 4 filed by Vakili Armon report?
Who signed the Form 4 for the reporting person and when?
Was the filing submitted by more than one reporting person?
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