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  4. [144] Rimini Street, Inc. SEC Filing

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.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

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Shares to be sold 191,702 shares Common stock of Rimini Street, Inc. covered by the Rule 144 notice
Aggregate market value $992,115.36 Aggregate market value of the 191,702 Rimini Street shares to be sold
Shares outstanding 93,356,000 shares Rimini Street common shares outstanding as referenced in the Form 144
Approximate sale date September 2, 2026 Planned date for the Rule 144 sale of Rimini Street common stock
Acquisition date of founder stock November 7, 2018 Date SAR TRUST acquired the founder stock from Rimini Street for cash
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"
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 992115.36"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
trustee financial
"Signature | /s/ Seth A Ravin, Trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

FAQ

What does the Form 144 filing mean for Rimini Street, Inc. (RMNI)?
The filing reports that SAR TRUST plans to sell 191,702 shares of Rimini Street common stock under Rule 144, with an indicated aggregate market value of $992,115.36, through Morgan Stanley Smith Barney LLC on or after September 2, 2026.

How many RMNI shares is SAR TRUST planning to sell?
SAR TRUST has noticed the planned sale of 191,702 shares of Rimini Street, Inc. common stock. These shares are classified as founder stock originally acquired from the issuer on November 7, 2018 for cash.

What is the market value of the RMNI shares covered by this Form 144?
The Form 144 lists an aggregate market value of $992,115.36 for the 191,702 shares of Rimini Street, Inc. common stock that SAR TRUST plans to sell on NASDAQ through Morgan Stanley Smith Barney LLC.

When are the RMNI shares expected to be sold under this Form 144?
The notice states an approximate sale date of September 2, 2026 for the 191,702 shares of Rimini Street common stock to be sold on NASDAQ under Rule 144 through Morgan Stanley Smith Barney LLC.

How many Rimini Street (RMNI) shares are outstanding in relation to this sale?
The Form 144 reports 93,356,000 shares of Rimini Street, Inc. common stock outstanding. This is a baseline figure for the company’s equity, separate from the 191,702 shares covered by the planned Rule 144 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR