Rain Enhancement (RAIN) CEO adds 110K shares in open-market buy
Rhea-AI Filing Summary
Rain Enhancement Technologies Holdco, Inc. (RAIN) director and Chief Executive Officer Randy Seidl reported a purchase of 110,000 shares of Class A Common Stock on August 19, 2026, at a weighted average price of $0.9475 per share. Following this transaction, he directly holds 754,834 shares. A related footnote also describes a restricted stock award of 602,320 shares, with 50% vesting on January 1, 2026 and 50% on January 1, 2027, subject to continued employment or service through the vesting dates.
Positive
- None.
Negative
- None.
Insights
Analyzing...
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. The shares were sold in multiple transactions.
- 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 sold 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 owned after transaction: 754,834 shares
+1 more
4 metrics
Shares purchased
110,000 shares of Class A Common Stock
Transaction on August 19, 2026 reported with code P (purchase)
Weighted average purchase price
$0.9475 per share
Price for the August 19, 2026 purchase, executed in multiple transactions
Shares owned after transaction
754,834 shares
Direct holdings of Randy Seidl following the reported transaction
Restricted stock award
602,320 shares of Class A Common Stock
Award to Randy Seidl; 50% vested January 1, 2026 and 50% to vest January 1, 2027
Key Terms
weighted average price, restricted stock award, vest
3 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.
vest financial
"of which 50% vested on January 1, 2026, and 50% shall vest on January 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did RAIN report for Randy Seidl on this Form 4?
Randy Seidl, director and Chief Executive Officer of RAIN, purchased 110,000 shares of Class A Common Stock on August 19, 2026. The transaction was reported with code P, indicating a purchase in an open market or private transaction.
Does the Form 4 disclose any restricted stock awards for Randy Seidl at RAIN?
Yes. A footnote states that Randy Seidl received a restricted stock award of 602,320 shares of Class A Common Stock. 50% vested on January 1, 2026, and 50% will vest on January 1, 2027, subject to continued employment or service.
Was the RAIN insider transaction made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false). There is no footnote stating that the August 19, 2026 transaction was made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.