Rimini Street (RMNI) COO reports no share holdings
Rhea-AI Filing Summary
Rimini Street, Inc. (RMNI) executive Keith Conan Costello, EVP & Chief Operating Officer, filed an initial ownership report. The filing lists a holding entry for common stock with a footnote stating that no securities are beneficially owned, indicating no reportable equity position at this time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Costello Keith Conan
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. No securities are beneficially owned.
Key Figures
Common stock beneficially owned: 0.0000 shares
Buy transactions: 0
Sell transactions: 0
+1 more
4 metrics
Common stock beneficially owned
0.0000 shares
Total shares of Rimini Street common stock following the reported position
Buy transactions
0
Number of purchase transactions reported in the transaction summary
Sell transactions
0
Number of sale transactions reported in the transaction summary
Holding entries
1
Count of holding-type entries reported for common stock
Key Terms
beneficially owned, Power of Attorney, initial statement of beneficial ownership
3 terms
beneficially owned financial
"footnote states that no securities are beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Power of Attorney regulatory
"Exhibit 24.1 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
initial statement of beneficial ownership regulatory
"alongside his initial statement of beneficial ownership"
An initial statement of beneficial ownership is the first regulatory filing an insider or large investor submits to disclose the amount of a company's stock they control or benefit from. It matters to investors because it reveals who has significant influence over a company—like showing who’s holding the cards—and helps track potential conflicts of interest, insider motives, and future buying or selling that can move the stock price.
FAQ
What does the Form 3 filed by RMNI executive Keith Conan Costello report?
The Form 3 for RMNI reports that EVP & Chief Operating Officer Keith Conan Costello currently has no securities beneficially owned, meaning no reportable ownership of Rimini Street common stock as of the filing date.
Does RMNI’s EVP & Chief Operating Officer own any common stock according to this Form 3?
According to the filing, the RMNI executive has no securities beneficially owned. A holding line is shown with 0.0000 shares following the reported position, supported by the attached footnote.
What position does the reporting person hold at Rimini Street (RMNI)?
The reporting person, Keith Conan Costello, is identified as EVP & Chief Operating Officer of Rimini Street, Inc. This role is disclosed alongside his initial statement of beneficial ownership on the Form 3.
Are there any buy or sell transactions reported in this RMNI Form 3?
No buy or sell transactions are reported. The Form 3 shows only a holding entry for common stock with 0.0000 shares beneficially owned, and the transaction summary lists no purchases or sales.
What does the footnote in the RMNI Form 3 indicate about ownership?
The footnote explicitly states that no securities are beneficially owned. This clarifies that, despite the common stock line item, the reporting person has no reportable beneficial ownership in Rimini Street shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
