Rain Enhancement Technologies (RAIN) CEO boosts stake with 42,514-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rain Enhancement Technologies Holdco, Inc. Chief Executive Officer Randy Seidl reported a series of open-market purchases of Class A Common Stock. Over May 20–22, 2025, he bought a total of 42,514 shares at weighted average prices between $1.73 and $2.58 per share. After these transactions, he directly holds 644,834 shares of Class A Common Stock. A separate footnote states he also received a restricted stock award of 602,320 shares, with 50% vesting on January 1, 2026 and 50% on January 1, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,514 shares ($100,949)
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 | 4,000 | $2.58 | $10K |
| Purchase | Class A Common Stock | 30,000 | $2.53 | $76K |
| Purchase | Class A Common Stock | 8,514 | $1.73 | $15K |
Holdings After Transaction:
Class A Common Stock — 644,834 shares (Direct, null)
Footnotes (1)
- 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. 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. 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. 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. 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
Total shares purchased: 42,514 shares
Shares bought May 20, 2025: 8,514 shares at $1.73/share
Shares bought May 21, 2025: 30,000 shares at $2.53/share
+3 more
6 metrics
Total shares purchased
42,514 shares
Open-market buys between May 20–22, 2025
Shares bought May 20, 2025
8,514 shares at $1.73/share
Class A Common Stock open-market purchase
Shares bought May 21, 2025
30,000 shares at $2.53/share
Class A Common Stock open-market purchase
Shares bought May 22, 2025
4,000 shares at $2.58/share
Class A Common Stock open-market purchase
Direct holdings after transactions
644,834 shares
Class A Common Stock held directly after May 22, 2025
Restricted stock award
602,320 shares
50% vests Jan 1, 2026; 50% vests Jan 1, 2027
Key Terms
open-market purchase, weighted average price, restricted stock award, Class A Common Stock
4 terms
open-market purchase financial
"transaction_action: open-market purchase of Class A Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
Class A Common Stock financial
"security_title: Class A Common Stock in each transaction"
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 transactions did RAIN CEO Randy Seidl report on this Form 4?
Randy Seidl reported three open-market purchases of Rain Enhancement Technologies Class A Common Stock. Between May 20 and May 22, 2025, he bought a combined 42,514 shares at weighted average prices ranging from $1.73 to $2.58 per share.
Does the RAIN CEO have any restricted stock awards mentioned in this Form 4?
Yes. A footnote states Randy Seidl received a restricted stock award for 602,320 Class A shares. Half vests on January 1, 2026, and the remaining half on January 1, 2027, contingent on his continued employment or service through each vesting date.
Are the RAIN Form 4 purchase prices single trades or weighted averages?
The prices listed in Column 4 of the Form 4 are weighted average prices for each transaction date. Footnotes explain that the shares were traded in multiple transactions within stated price ranges, and full trade-by-trade detail is available upon request.