Rimini Street holder plans sale of 89K shares
Rimini Street, Inc. (RMNI) has a notice under Rule 144 from SAR TRUST to sell up to 89,639 shares of common stock through Morgan Stanley Smith Barney LLC, with sales noted for NASDAQ as of September 4, 2026.
Rhea-AI Filing Summary
Rimini Street, Inc. (RMNI) has a notice under Rule 144 from SAR TRUST to sell up to 89,639 shares of common stock through Morgan Stanley Smith Barney LLC, with sales noted for NASDAQ as of September 4, 2026. SAR TRUST previously sold 41,366 shares for $213,527.16 on September 3, 2026 and 191,702 shares for $992,115.36 on September 2, 2026.
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Key Figures
Shares to be sold under Rule 144: 89,639 shares
Shares sold on September 3, 2026: 41,366 shares
Proceeds on September 3, 2026 sale: $213,527.16
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6 metrics
Shares to be sold under Rule 144
89,639 shares
Common stock of Rimini Street listed for sale by SAR TRUST
Shares sold on September 3, 2026
41,366 shares
Common stock sold by SAR TRUST in the past three months
Proceeds on September 3, 2026 sale
$213,527.16
Aggregate amount for 41,366 shares of common stock sold by SAR TRUST
Shares sold on September 2, 2026
191,702 shares
Common stock sold by SAR TRUST in the past three months
Proceeds on September 2, 2026 sale
$992,115.36
Aggregate amount for 191,702 shares of common stock sold by SAR TRUST
Acquisition date of reported Founder Stock
November 7, 2018
Date the Founder Stock was acquired from the issuer for cash
Key Terms
Rule 144, Founder Stock, NASDAQ
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Founder Stock financial
"Common | 11/07/2018 | Founder Stock | Issuer"
NASDAQ market
"93356000 | 09/04/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What does the Form 144 filing mean for Rimini Street, Inc. (RMNI)?
The filing reports that SAR TRUST has notified of its intent under Rule 144 to sell up to 89,639 shares of Rimini Street common stock. This relates to planned and recent sales by the shareholder, not to Rimini Street issuing new shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.