Rain Enhancement Technologies (RAIN) CEO buys 110K shares, 602K-share award
Rhea-AI Filing Summary
Rain Enhancement Technologies Holdco, Inc. (ticker RAIN) disclosed that Chief Executive Officer and director Randy Seidl purchased 110,000 shares of Class A Common Stock on August 19, 2026 at a weighted average price of $0.9475 per share. Following this open-market purchase, he directly held 754,834 Class A shares. In addition, Mr. Seidl received a restricted stock award of 602,320 Class A shares, with 50% vesting on January 1, 2026 and 50% vesting on January 1, 2027, subject to continued employment or service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 110,000 shares
Net Buy
1 txn
Insider
Seidl Randy
Role
Chief Executive Officer
Bought
110,000 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1, F2, F3 | 110,000 | $0.9475 | $104K |
Holdings After Transaction:
Class A Common Stock — 754,834 shares (Direct)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price.
- F2. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (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 purchased at each separate price within the range set forth herein.
- F3. Mr. Seidl also received a restricted stock award for 602,320 shares of Class A Common Stock, of which 50% vested on January 1, 2026, and 50% shall vest on January 1, 2027, subject to continued employment or service through the vesting date.
Key Figures
Shares purchased: 110,000 shares of Class A Common Stock
Weighted average purchase price: $0.9475 per share
Shares held after transaction: 754,834 shares of Class A Common Stock
+2 more
5 metrics
Shares purchased
110,000 shares of Class A Common Stock
Open-market or private purchase on August 19, 2026
Weighted average purchase price
$0.9475 per share
Price for 110,000 Class A shares purchased by Randy Seidl
Shares held after transaction
754,834 shares of Class A Common Stock
Direct holdings of Randy Seidl following the reported purchase
Restricted stock award
602,320 shares of Class A Common Stock
Equity award to Randy Seidl subject to time-based vesting
Restricted stock vesting dates
50% on January 1, 2026; 50% on January 1, 2027
Vesting schedule for 602,320-share restricted stock award
Key Terms
Class A Common Stock, weighted average price, restricted stock award, vesting
4 terms
Class A Common Stock financial
"purchased 110,000 shares of Class A Common Stock on August 19, 2026"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock award financial
"Mr. Seidl also received a restricted stock award for 602,320 shares"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vesting financial
"50% vested on January 1, 2026, and 50% shall vest on January 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did RAIN report for CEO Randy Seidl in this Form 4/A?
RAIN reported that CEO Randy Seidl purchased 110,000 shares of Class A Common Stock on August 19, 2026 at a weighted average price of $0.9475 per share in an open-market or private transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.