Rimini Street holder plans $992K stock sale
A trust associated with founder stock has filed to sell 191,702 shares of Rimini Street common stock under Rule 144.
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Rhea-AI Filing Summary
Rimini Street, Inc. (RMNI) is the issuer for a planned resale of its common stock under Rule 144 by SAR TRUST. The trust has filed to sell 191,702 shares of Rimini Street common stock, with an indicated aggregate market value of $992,115.36, through Morgan Stanley Smith Barney LLC on or after September 2, 2026 on NASDAQ.
The shares to be sold are described as founder stock originally acquired from Rimini Street on November 7, 2018 for cash. The notice is signed by Seth A. Ravin, Trustee of SAR TRUST.
Key Figures
Key Terms
Rule 144 regulatory
founder stock financial
aggregate market value financial
trustee financial
FAQ
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What does the Form 144 filing mean for Rimini Street, Inc. (RMNI)?
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