[Form 4] RCI Hospitality Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Eric S. Langan, President and CEO of RCI Hospitality Holdings, Inc. (RICK), reported two open-market purchases on 08/18/2025. He acquired 725 shares at $36.7699 and 645 shares at $36.7095, both recorded as direct beneficial ownership. The filings show resulting direct holdings of 705,725 and 706,370 shares respectively after each transaction. The Form 4 is signed by Eric S. Langan and indicates these purchases were reported under Section 16.

Positive

• Insider buy: The President and CEO executed purchases totaling 1,370 shares, which can signal management confidence.
• Timely, compliant disclosure: Transactions were reported on Form 4 with a manual signature, indicating compliance with Section 16 reporting.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased 1,370 shares on 08/18/2025 at ~$36.71–36.77, signaling insider buy; size is modest relative to total reported holdings.

The trades are small open-market purchases that increase the CEO's direct stake by 1,370 shares at prices between $36.7095 and $36.7699. Such purchases are generally interpreted positively as alignment with shareholder interests, but the absolute size is modest compared with the >700,000 shares already held. No derivatives or sales were reported and no additional material terms are disclosed.

Corporate Governance Expert

TL;DR: Transactions are routine insider purchases by the CEO, properly disclosed on Form 4 with direct ownership shown.

The filing identifies Eric S. Langan as both a director and the President and CEO and shows timely reporting with a manual signature. There are no indicated sales, plan-based trades, or complex arrangements disclosed. From a governance perspective the filing meets reporting requirements and contains no red flags, though it provides limited information about motivation or broader compensation context.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LANGAN ERIC SCOTT

(Last) (First) (Middle)

10737 CUTTEN ROAD

(Street)

HOUSTON, TX 77066

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RCI HOSPITALITY HOLDINGS, INC. [ RICK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/18/2025		P		725	A	$36.7699	705,725	D
Common Stock	08/18/2025		P		645	A	$36.7095	706,370	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Eric S. Langan	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Eric S. Langan file on Form 4 for RICK?

He reported two open-market purchases on 08/18/2025: 725 shares at $36.7699 and 645 shares at $36.7095.

What is Eric S. Langan's role at RCI Hospitality Holdings (RICK)?

The Form 4 lists him as a Director and as President and CEO of RCI Hospitality Holdings, Inc.

How many shares did the CEO own after the reported transactions?

The filing shows direct beneficial ownership of 705,725 shares after one reported purchase and 706,370 shares after the other.

Were any derivative securities reported in this Form 4?

No. Table II for derivative securities contains no reported transactions or holdings.

Did the filing indicate the trades were part of a 10b5-1 plan?

No. The Form 4 does not indicate that these transactions were made pursuant to a 10b5-1 plan.