Insider Sale: RYTHM director disposes 1,900 shares at ~$38.23
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.
Positive
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Negative
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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.