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RCM Technologies (RCMT) officer to sell 10,000 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

RCM Technologies, Inc. (RCMT) officer Michael Saks filed a notice to sell up to 10,000 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $410,709.12 and 7,110,759 shares outstanding as of August 18, 2026. Saks previously sold 11,792 shares for $395,753.58 on August 14, 2026.

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Planned shares to be sold 10,000 shares Common stock to be sold under Rule 144
Aggregate market value of planned sale $410,709.12 Total market value of 10,000 shares planned for sale
Shares outstanding 7,110,759 shares Common shares outstanding as of August 18, 2026
Recent shares sold 11,792 shares Shares of common stock sold on August 14, 2026
Proceeds from recent sale $395,753.58 Aggregate proceeds from 11,792 shares sold on August 14, 2026
Restricted stock from 12/11/2017 1,910 shares Common stock acquired as Restricted Stock on December 11, 2017
Employee Stock Purchase Plan 06/28/2024 628 shares Common stock acquired via ESPP on June 28, 2024
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 12/11/2017 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Employee Stock Purchase Plan financial
"Common | 12/29/2023 | Employee Stock Purchase Plan | Issuer"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

What does the Form 144 filing disclose for RCMT and Michael Saks?

The filing shows officer Michael Saks plans to sell up to 10,000 RCMT shares under Rule 144. It also notes a prior sale of 11,792 shares for $395,753.58 on August 14, 2026.

How many RCMT shares is Michael Saks planning to sell under this Form 144?

Michael Saks plans to sell up to 10,000 shares of RCM Technologies common stock. The planned sale has an aggregate market value of $410,709.12 based on the figures reported in the notice.

What RCMT shares did Michael Saks sell in the last three months?

During the past three months, Michael Saks sold 11,792 RCMT shares on August 14, 2026. Those shares generated total proceeds of $395,753.58, as reported in the recent transaction history section.

How many RCM Technologies (RCMT) shares were outstanding as of the Form 144?

As of August 18, 2026, RCM Technologies had 7,110,759 shares of common stock outstanding. This outstanding share figure provides context for the planned 10,000-share sale by Michael Saks.

Through which broker will the RCMT shares be sold under this Form 144?

The planned sale of 10,000 RCMT shares will be handled by Morgan Stanley Smith Barney LLC. The broker is listed under its Executive Financial Services group at One New York Plaza, New York.

What types of RCMT securities has Michael Saks acquired previously?

Michael Saks holds RCMT common stock acquired via Restricted Stock and an Employee Stock Purchase Plan. The table lists multiple grants and purchases from 2017 through 2025, all issued by RCM Technologies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature