RCM Technologies (RCMT) division head sells 10K shares
Rhea-AI Filing Summary
RCM TECHNOLOGIES, INC. (RCMT) officer Michael Saks, Division President, HC Srvs., reported two open‑market sales of common stock on 2026-08-18 totaling 10,000 shares. The sales were executed at weighted-average prices of $40.78 and $41.24, each representing ranges of individual sale prices disclosed in footnotes.
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Insights
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Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
2 txns
Insider
Saks Michael
Role
Division President, HC Srvs.
Sold
10,000 shs ($411K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,735 | $40.78 | $152K |
| Sale | Common Stock F2 | 6,265 | $41.24 | $258K |
Holdings After Transaction:
Common Stock — 89,307 shares (Direct)
Footnotes (2)
- F1. Represents the weighted average of a range of sale prices from $40.64 to $40.94. The reporting person undertakes to provide the Staff of 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.
- F2. Represents the weighted average of a range of sale prices from $41.01 to $41.89. The reporting person undertakes to provide the Staff of 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 (first transaction): 3,735 shares of Common Stock
Weighted-average sale price (first transaction): $40.78 per share
Shares sold (second transaction): 6,265 shares of Common Stock
+2 more
5 metrics
Shares sold (first transaction)
3,735 shares of Common Stock
Sale on 2026-08-18 at weighted-average price qualified by F1
Weighted-average sale price (first transaction)
$40.78 per share
Weighted average of individual prices from $40.64 to $40.94
Shares sold (second transaction)
6,265 shares of Common Stock
Sale on 2026-08-18 at weighted-average price qualified by F2
Weighted-average sale price (second transaction)
$41.24 per share
Weighted average of individual prices from $41.01 to $41.89
Total shares sold
10,000 shares of Common Stock
Aggregate of two sales on 2026-08-18
Key Terms
weighted average, range of sale prices, open market or private transaction
3 terms
weighted average financial
"Represents the weighted average of a range of sale prices from $40.64 to $40.94."
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.
range of sale prices financial
"Represents the weighted average of a range of sale prices from $41.01 to $41.89."
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transactions did RCMT report for Michael Saks on this Form 4?
Michael Saks reported selling 10,000 shares of RCM TECHNOLOGIES, INC. common stock on 2026-08-18 in two open-market transactions at weighted-average prices of $40.78 and $41.24, each covering multiple individual sale prices within stated ranges.
Were Michael Saks’s RCMT stock sales on 2026-08-18 open-market transactions?
Yes. Both transactions are coded “S”, described as a sale in open market or private transaction. Each involved RCMT common stock and reflects a weighted-average sale price across a range of execution prices.
AI-generated analysis. How Rhea-AI works. Not financial advice.