Rainmaker CEO gifts 4.3M shares of stock
Rainmaker Worldwide Inc. CEO, director and 10% owner Michael John O'Connor reported a change in his holdings of common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Rainmaker Worldwide Inc. CEO, director and 10% owner Michael John O'Connor reported a change in his holdings of common stock. On 01/12/2026, he made a transaction coded “G,” which the filing describes as a bona fide gift with no consideration, involving 4,300,000 shares of common stock at a reported price of $0 per share. Following this gift, he directly beneficially owned 10,607,102 shares of Rainmaker Worldwide common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | COMMON STOCK | 4,300,000 | $0.00 | $0.00 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rainmaker Worldwide (RAKR) report?
The filing reports that CEO, director and 10% owner Michael John O'Connor made a transaction coded “G,” which is identified in the remarks as a bona fide gift with no consideration involving Rainmaker Worldwide common stock.
What roles does Michael John O'Connor hold at Rainmaker Worldwide (RAKR)?
According to the filing, Michael John O'Connor is a director, a 10% owner, and an officer of Rainmaker Worldwide Inc., serving as CEO.
Was this Rainmaker Worldwide (RAKR) insider transaction part of a derivative security?
No derivative securities are listed in Table II of the filing. The reported transaction involves non-derivative common stock only.
AI-generated analysis. How Rhea-AI works. Not financial advice.