RAKR director sold 2,000,000 shares; holds 12,514,440 shares
Kelly Michelle White, a director of Rainmaker Worldwide Inc. (RAKR), reported a sale of 2,000,000 shares of common stock on 10/06/2025.
Rhea-AI Filing Summary
Kelly Michelle White, a director of Rainmaker Worldwide Inc. (RAKR), reported a sale of 2,000,000 shares of common stock on 10/06/2025. The transaction is coded G and lists a price of $0 in the filing. After the reported transaction the reporting person beneficially owned 12,514,440 shares. The form notes the transfer agent recorded an effective date of 10/06/2025 and the reporting person was notified on 10/10/2025. The filing is a Section 16 Form 4 showing a change in ownership by an insider; no derivatives or additional transactions are reported.
Positive
- Insider disclosure filed and signed, including transfer-agent effective date (10/06/2025)
- Substantial remaining ownership of 12,514,440 shares after the transaction
Negative
- Disposition of 2,000,000 shares reducing the reporting person’s stake on 10/06/2025
- Transaction price reported as $0, which may require investor clarification if context is material
Insights
Insider sale reduced direct holdings but significant ownership remains.
The filing documents a 2,000,000 share disposition by a company director on 10/06/2025
Such Form 4 disclosures inform shareholders about insider liquidity and ongoing ownership; the director still holds 12,514,440 shares which remains a substantial position to monitor over the next 3–12 months.
Form 4 shows timely reporting and an effective transfer-agent date.
The report includes the transfer agent effective date of 10/06/2025 and a signature dated 10/10/2025, meeting Form 4 procedural details. The transaction code G is shown and the recorded price is $0, which is consistent with transfers recorded at no cash consideration or internal reclassifications when those are the disclosed facts.
Investors tracking insider activity should note the exact dates and the remaining 12,514,440 share holding when assessing future filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | COMMON STOCK | 2,000,000 | $0.00 | $0.00 |
FAQ
What did the Form 4 filed for RAKR disclose?
What is the transaction code and reported price on the RAKR Form 4?
When was the effective date recorded and when was the reporting person notified?
Who filed the Form 4 for RAKR and what is their relationship to the issuer?
Does the Form 4 show any derivative securities transactions for RAKR?
AI-generated analysis. How Rhea-AI works. Not financial advice.