RCM Technologies chair sells 50,000 shares in plan
RCM Technologies Executive Chairman & President Bradley Vizi sold 50,000 shares of common stock in open-market transactions at about $30.00 per share.
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Rhea-AI Filing Summary
RCM Technologies Executive Chairman & President Bradley Vizi sold 50,000 shares of common stock in open-market transactions at about $30.00 per share. The sales occurred on two dates and were executed under a nondiscretionary plan intended to satisfy Rule 10b5-1.
After these transactions, Vizi directly holds 1,502,477 shares of RCM Technologies common stock, indicating he retains a substantial ownership stake while realizing some liquidity through a pre-established trading plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 49,860 | $30.00 | $1.50M |
| Sale | Common Stock | 140 | $30.00 | $4K |
Footnotes (2)
- F1. Represents a nondiscretionary safe by a plan established by the Reporting Person on December 7, 2023 in a manner intended to satisfy the requirements of Rule 10b5-1.
- F2. Represents the weighted average of a range of sale prices from $30.00 to $30.07. 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
Key Terms
Rule 10b5-1 regulatory
open-market sale financial
weighted average financial
non-derivative financial
ten percent owner regulatory
FAQ
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What did RCM Technologies (RCMT) insider Bradley Vizi do in this Form 4?
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