Rain Enhancement Technologies (RAIN) CEO reports May share purchases and 602K restricted stock
Rhea-AI Filing Summary
Rain Enhancement Technologies Holdco, Inc. director and Chief Executive Officer Randy Seidl reported open-market purchases of Class A Common Stock on three consecutive days in May 2026. He purchased 8,514 shares at $1.73 on May 20, 30,000 shares at $2.53 on May 21, and 4,000 shares at $2.58 on May 22, with each reported price disclosed as a weighted average over multiple trades. A footnote also states that Mr. Seidl received a restricted stock award of 602,320 shares, with 50% vesting on January 1, 2026 and 50% scheduled to vest on January 1, 2027, subject to continued employment or service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,514 shares
Net Buy
3 txns
Insider
Seidl Randy
Role
Chief Executive Officer
Bought
42,514 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F6, F3, F4, F5 | 4,000 | $2.58 | $10K |
| Purchase | Class A Common Stock F6, F2, F4, F5 | 30,000 | $2.53 | $76K |
| Purchase | Class A Common Stock F6, F1, F4, F5 | 8,514 | $1.73 | $15K |
Holdings After Transaction:
Class A Common Stock — 644,834 shares (Direct)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.41 to $2.00, inclusive.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.10 to $2.78, inclusive.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.46 to $2.64, inclusive.
- F4. 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 sold at each separate price within the range set forth herein.
- F5. 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.
- F6. This filing corrects the dates in Table I, Item 2 from 2025 to 2026.
Key Figures
Shares purchased May 20, 2026: 8,514 shares
Shares purchased May 21, 2026: 30,000 shares
Shares purchased May 22, 2026: 4,000 shares
+5 more
8 metrics
Shares purchased May 20, 2026
8,514 shares
Open-market purchase of Class A Common Stock at weighted average $1.73 per share
Shares purchased May 21, 2026
30,000 shares
Open-market purchase of Class A Common Stock at weighted average $2.53 per share
Shares purchased May 22, 2026
4,000 shares
Open-market purchase of Class A Common Stock at weighted average $2.58 per share
Total shares purchased
42,514 shares
Sum of three reported open-market purchases of Class A Common Stock
Purchase price May 20, 2026
$1.73 per share
Weighted average price for Class A purchases executed that day
Purchase price May 21, 2026
$2.53 per share
Weighted average price for Class A purchases executed that day
Purchase price May 22, 2026
$2.58 per share
Weighted average price for Class A purchases executed that day
Restricted stock award
602,320 shares
Restricted stock award to Randy Seidl; 50% vests Jan 1, 2026 and 50% Jan 1, 2027
Key Terms
weighted average price, restricted stock award, vesting date, Class A Common Stock
4 terms
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 date financial
"50% vested on January 1, 2026, and 50% shall vest on January 1, 2027"
Class A Common Stock financial
"Mr. Seidl also received a restricted stock award for 602,320 shares of Class A Common Stock"
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.
FAQ
What insider purchases did RAIN CEO Randy Seidl report in this Form 4/A?
Randy Seidl reported three open-market purchases of Rain Enhancement Technologies Class A Common Stock totaling 42,514 shares between May 20 and May 22, 2026, at weighted average prices ranging from $1.73 to $2.58 per share.
Does the RAIN Form 4/A mention any restricted stock award for Randy Seidl?
Yes. A footnote states Randy Seidl received a restricted stock award of 602,320 shares of Class A Common Stock, with 50% vesting on January 1, 2026 and 50% on January 1, 2027, contingent on continued employment or service.
AI-generated analysis. How Rhea-AI works. Not financial advice.