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.
How many Rimini Street (RMNI) shares are outstanding in this Form 144?
The notice states that there are 91,752,000 shares of Rimini Street common stock outstanding.
When are the RMNI shares covered by this Form 144 expected to be sold?
The approximate date of sale for the 53,882 Rimini Street shares is listed as 01/08/2026.
Through which broker will the RMNI Form 144 shares be sold?
The planned sales are to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with NASDAQ named as the securities exchange.
How were the RMNI shares in this Form 144 originally acquired?
The shares to be sold were acquired from the issuer in 2024 as restricted stock and performance shares on several different acquisition dates.
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.