RCM Technologies (NASDAQ: RCMT) officer schedules August Rule 144 share sale
Rhea-AI Filing Summary
RCM TECHNOLOGIES, INC. (RCMT) received a Rule 144 notice stating that officer Kevin D. Miller plans to sell up to 100,000 shares of common stock, par value $0.05 per share, through Baird, with an aggregate market value of $3,700,000.00, on or after August 14, 2026, on NASDAQ. The notice states that 7,110,759 shares were outstanding as of August 12, 2026, as reported in the most recent Form 10-Q; this is a baseline figure, not the amount being sold. The shares to be sold were acquired via salary exchange in 2020 and 2021, an employee stock purchase plan in 2021, and an open market purchase in June 2020, in addition to equity compensation and RSU vesting.
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Key Figures
Shares planned for sale: 100,000 shares
Aggregate market value of planned sale: $3,700,000.00
Shares outstanding: 7,110,759 shares
+2 more
5 metrics
Shares planned for sale
100,000 shares
Common Stock, par value $0.05 per share, under Rule 144
Aggregate market value of planned sale
$3,700,000.00
Estimated value for 100,000 RCMT shares in Form 144
Shares outstanding
7,110,759 shares
Number of RCMT shares outstanding as of August 12, 2026
Planned sale date
08/14/2026
Date associated with the proposed Rule 144 sale on NASDAQ
Par value per share
$0.05 per share
Par value of RCMT common stock referenced in the notice
Key Terms
Rule 144, Employee Stock Purchase Plan, Equity Compensation, RSU Vesting
4 terms
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.
Employee Stock Purchase Plan financial
"Shares were acquired through Salary Exchange in 2020 & 2021, ESPP in 2021,"
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.
Equity Compensation financial
"Cash, Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
RSU Vesting financial
"Open Market, ESPP, Salary Exchange, RSU Vesting"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
FAQ
What does the Form 144 filing for RCMT disclose about Kevin D. Miller's planned sale?
The Form 144 indicates that officer Kevin D. Miller plans to sell up to 100,000 RCMT common shares under Rule 144. The shares are to be sold through Baird on NASDAQ, with an aggregate market value of $3,700,000.00 based on the figures reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.