RCM Technologies (RCMT) CFO sells 4,734 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RCM Technologies CFO Kevin D. Miller reported an open-market sale of 4,734 shares of Common Stock at $32.00 per share. The transaction occurred on April 27, 2026 under a nondiscretionary Rule 10b5-1 trading plan. After this sale, he directly holds 439,066 shares, so the sale represents a small portion of his position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,734 shares ($151,488)
Net Sell
1 txn
Insider
MILLER KEVIN D
Role
CFO
Sold
4,734 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,734 | $32.00 | $151K |
Holdings After Transaction:
Common Stock — 439,066 shares (Direct, null)
Footnotes (1)
- Represents a nondiscretionary sale by a plan established by the Reporting Person on August 12, 2024, in a manner intended to satisfy the requirements of Rule 10b5-1. Represents the weighted average of a range of sale prices from $32.00 to $32.04. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 4,734 shares
Sale price: $32.00 per share
Approximate sale value: $151,488
+3 more
6 metrics
Shares sold
4,734 shares
Open-market sale on April 27, 2026
Sale price
$32.00 per share
Reported transaction price for Common Stock
Approximate sale value
$151,488
4,734 shares sold at $32.00 per share
Shares held after
439,066 shares
Direct Common Stock ownership following transaction
Form type
Form 4
Insider transaction report for RCMT
Plan type
Rule 10b5-1 trading plan
Nondiscretionary sale plan adopted August 12, 2024
Key Terms
Rule 10b5-1, open-market sale, weighted average, Form 4
4 terms
Rule 10b5-1 regulatory
"in a manner intended to satisfy the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"Represents the weighted average of a range of sale prices from $32.00 to $32.04."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RCMT CFO Kevin D. Miller report?
RCM Technologies CFO Kevin D. Miller reported an open-market sale of 4,734 shares of Common Stock at $32.00 per share. The sale was executed on April 27, 2026 under a pre-established Rule 10b5-1 trading plan.
How large is the RCMT CFO’s sale relative to his total holdings?
Kevin D. Miller sold 4,734 shares while retaining 439,066 shares after the transaction. This means the sale represents roughly 1% of his direct holdings, suggesting a relatively small, routine disposition rather than a large change in ownership.