Rimini Street EVP reports 100K-share equity awards
New Rimini Street EVP & Chief Delivery Officer Alexander Guasch reports option and RSU awards vesting annually from 2027 through 2029.
Rhea-AI Filing Summary
Rimini Street, Inc. (RMNI) reported initial equity holdings for executive vice president and chief delivery officer Alexander Guasch. He holds 50,000 employee stock options to buy common stock at $4.15 per share, expiring on June 5, 2036, and 50,000 Restricted Stock Units, each representing one share of common stock upon vesting.
Both the options and RSUs were granted on June 5, 2026 and will vest in three equal annual installments on June 5, 2027, June 5, 2028, and June 5, 2029, generally conditioned on Guasch continuing to serve as a “Service Provider” under the company’s 2013 Equity Incentive Plan through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Guasch Alexander
Role
EVP & Chief Delivery Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Options (Right to Buy) F1 | -- | -- | -- |
| holding | Restricted Stock Units F3, F2 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 50,000 contracts (Direct);
Restricted Stock Units — 50,000 contracts (Direct)
Footnotes (3)
- F1. On June 5, 2026, the Reporting Person was granted 50,000 stock options, which stock options will vest in three (3) equal annual installments on June 5, 2027, June 5, 2028 and June 5, 2029, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
- F2. On June 5, 2026, the Reporting Person was granted 50,000 Restricted Stock Units (RSUs), which RSUs will vest in three (3) equal annual installments on June 5, 2027, June 5, 2028 and June 5, 2029, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
Key Figures
Employee stock options underlying shares: 50,000 shares
Stock option exercise price: $4.15 per share
Stock option expiration date: June 5, 2036
+3 more
6 metrics
Employee stock options underlying shares
50,000 shares
Granted June 5, 2026; reported as held directly following the transaction
Stock option exercise price
$4.15 per share
Employee Stock Options (Right to Buy) for Rimini Street common stock
Stock option expiration date
June 5, 2036
Expiration of employee stock options reported as held
Restricted Stock Units underlying shares
50,000 shares
RSUs granted June 5, 2026; each unit represents one common share
Vesting schedule installments
3 equal annual installments
For both 50,000 options and 50,000 RSUs on June 5, 2027, 2028, and 2029
Underlying shares across awards
100,000 shares
50,000 underlying common shares for options plus 50,000 for RSUs
Key Terms
Employee Stock Options (Right to Buy), Restricted Stock Units, Service Provider, 2013 Equity Incentive Plan
4 terms
Employee Stock Options (Right to Buy) financial
"securityTitle: Employee Stock Options (Right to Buy) with underlying common stock"
Restricted Stock Units financial
"securityTitle: Restricted Stock Units with underlying common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Service Provider regulatory
"subject to the Reporting Person continuing to be a Service Provider"
2013 Equity Incentive Plan financial
"as such term is defined in the Issuer's 2013 Equity Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards does RMNI executive Alexander Guasch report on this Form 3?
He reports 50,000 employee stock options to buy Rimini Street common stock at $4.15 per share, expiring June 5, 2036, and 50,000 Restricted Stock Units, each representing a contingent right to one share of common stock upon vesting.
When do Alexander Guasch’s RMNI stock options and RSUs vest?
The 50,000 stock options and 50,000 RSUs granted on June 5, 2026 vest in three equal annual installments on June 5, 2027, June 5, 2028, and June 5, 2029, generally subject to Guasch continuing as a Service Provider through each vesting date.
What is the exercise price of Alexander Guasch’s RMNI stock options?
The employee stock options reported by Alexander Guasch have an exercise price of $4.15 per share for Rimini Street common stock and an expiration date of June 5, 2036, according to the Form 3 data.
Are Alexander Guasch’s RMNI equity awards subject to continued service conditions?
Yes. The footnotes state the 50,000 options and 50,000 RSUs will vest in three equal annual installments, generally conditioned on Guasch continuing to be a Service Provider as defined in Rimini Street’s 2013 Equity Incentive Plan through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
