RCM Technologies (RCMT) CFO sells 19,066 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 common stock. On May 4, 2026, he sold 19,066 shares at a weighted average price of $32.03 per share, in a nondiscretionary transaction under a Rule 10b5-1 trading plan. After the sale, he directly holds 420,000 shares of RCM Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,066 shares ($610,684)
Net Sell
1 txn
Insider
MILLER KEVIN D
Role
CFO
Sold
19,066 shs ($611K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,066 | $32.03 | $611K |
Holdings After Transaction:
Common Stock — 420,000 shares (Direct, null)
Footnotes (1)
- Represents 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 $32.33. The reporting person undertakes to provide to 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: 19,066 shares
Average sale price: $32.03 per share
Post-transaction holdings: 420,000 shares
+1 more
4 metrics
Shares sold
19,066 shares
Open-market sale of common stock on May 4, 2026
Average sale price
$32.03 per share
Weighted average sale price for the reported transactions
Post-transaction holdings
420,000 shares
Direct RCM Technologies common stock held after the sale
Price range
$32.00–$32.33 per share
Range of prices for individual trades within the reported sale
Key Terms
Rule 10b5-1, weighted average, open-market sale, Common Stock
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.
weighted average financial
"Represents the weighted average of a range of sale prices"
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.
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did RCMT CFO Kevin D. Miller report?
RCM Technologies CFO Kevin D. Miller reported selling 19,066 shares of common stock. The sale was executed in the open market at a weighted average price of $32.03 per share, as disclosed in the Form 4 insider trading report.
What type of transaction code appears in the RCMT CFO’s Form 4 filing?
The transaction is coded “S,” indicating an open-market or private sale of common stock. This code confirms that the 19,066 shares were disposed of through a sale transaction rather than an option exercise, grant, gift, or tax withholding event.