Rimini Street (NASDAQ: RMNI) holder files to sell 53,882 shares via Rule 144
Rhea-AI Filing Summary
Rimini Street had a shareholder file a notice to sell common stock under Rule 144. The filing covers 53,882 shares of common stock with an aggregate market value of $215,528.00. These shares are planned to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NASDAQ exchange, with an approximate sale date of 01/08/2026. The filing notes that 91,752,000 shares of the issuer’s common stock are outstanding.
The shares to be sold were previously acquired from the issuer in 2024, primarily as restricted stock and performance shares, on several dates throughout the year. By signing the notice, the selling person represents that they are not aware of any material adverse, nonpublic information about the company’s current or prospective operations.
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FAQ
What does the Form 144 filing for RMNI disclose?
The Form 144 discloses that a shareholder intends to sell 53,882 shares of Rimini Street common stock, with an aggregate market value of $215,528.00, on the NASDAQ exchange.
What representation does the seller make in this RMNI Form 144?
By signing the notice, the seller represents that they do not know of any material adverse information about Rimini Street’s current or prospective operations that has not been publicly disclosed.