RYM Form 4: Interim CEO Benjamin Kovler purchases 1,000 shares at $36.70

Rhea-AI Filing Summary

RHYTHM, Inc. insider purchase reported on 09/03/2025. Interim CEO and director Benjamin Kovler acquired 1,000 shares of RYTHM common stock at $36.70 per share, increasing his direct beneficial ownership to 17,000 shares. The filing also shows 420 shares held indirectly by his daughter (listed twice). The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Insider purchase: Interim CEO and director Benjamin Kovler acquired 1,000 shares at $36.70, indicating direct management purchase
• Increased direct ownership: Reported direct beneficial ownership rose to 17,000 shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased 1,000 RYTHM shares at $36.70, modestly increasing direct ownership to 17,000 shares.

The transaction is a straightforward open-market purchase by the interim CEO and director. The size of the purchase (1,000 shares) and the reported post-transaction direct ownership (17,000 shares) provide limited incremental economic exposure but signal personal investment by management. No derivative transactions or sales were reported. Filing appears routine and contains the standard attestations.

Corporate Governance Expert

TL;DR: Form 4 discloses a routine insider acquisition and indirect family holdings; signature executed by attorney-in-fact.

The form identifies Benjamin Kovler as both director and interim CEO, reports a purchase coded "P," and records indirect ownership through a family member. The attorney-in-fact signature is properly provided. There are no amendments or complex arrangements disclosed; the filing meets Section 16 reporting requirements as presented.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kovler Benjamin

(Last) (First) (Middle)

2220 HICKS ROAD

SUITE 210

(Street)

ROLLING MEADOWS IL 60008

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RYTHM, Inc. [ RYM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Interim CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/03/2025		P		1,000	A	$36.7	17,000	D
Common Stock								420	I	By daughter
Common Stock								420	I	By daughter

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Kathryn A. Lloyd, Attorney-in-Fact	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for RYTHM, Inc. (RYM)?

The Form 4 was filed for Benjamin Kovler, identified as Interim CEO and a director.

What transaction is reported on the RYTHM Form 4 dated 09/03/2025?

A purchase (code P) of 1,000 shares of RYTHM common stock at a price of $36.70 per share.

How many RYTHM shares does the reporting person beneficially own after the transaction?

The filing reports 17,000 shares beneficially owned directly after the transaction.

Are there any indirect holdings disclosed in the Form 4?

Yes. The filing shows 420 shares held indirectly by his daughter (listed as indirect ownership).

Who signed the Form 4 and when?

The form was signed by Kathryn A. Lloyd, Attorney-in-Fact on 09/03/2025.