Rimini Street CFO Disposes 100,249 Shares via 10b5-1; Remaining 146,032 Owned

Rhea-AI Filing Summary

Rimini Street, Inc. (RMNI) EVP and Chief Financial Officer Michael L. Perica sold 100,249 shares on 09/02/2025 under a Rule 10b5-1 trading plan adopted on 06/02/2025. The sales were executed at a weighted average price of $4.1957, with trade prices ranging from $4.12 to $4.325. After the reported dispositions, Mr. Perica beneficially owns 146,032 shares, held directly. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Transaction executed under Rule 10b5-1 plan, indicating pre-planned and compliant insider selling
• Full Form 4 disclosure provided with transaction date, weighted average price range, and post-sale ownership

Negative

• Significant insider sale of 100,249 shares by the CFO, reducing direct holdings to 146,032 shares

Insights

Financial Analyst

TL;DR: Material insider sale executed under a 10b5-1 plan; reduces CFO's direct stake by 100,249 shares.

The transaction is a clear disclosure of insider liquidity rather than an ad hoc sale because it was made pursuant to a Rule 10b5-1 plan adopted June 2, 2025. The weighted average sale price of $4.1957 and the remaining direct holding of 146,032 shares are explicit facts. For investors, this confirms predictable, pre-planned insider selling rather than opportunistic trades, though the size of the sale is notable relative to the remaining stake.

Corporate Governance Expert

TL;DR: Governance process followed: sale executed under a documented 10b5-1 plan with full Form 4 disclosure.

The filing demonstrates adherence to standard insider trading controls because the sale was automatic under an established trading plan. The Form 4 provides the required details: transaction date, share count, price range, and post-transaction ownership. The signature by an attorney-in-fact completes formal disclosure obligations. There is no indication in the filing of any policy breach or undisclosed transactions.

Insider Trade Summary

Net Seller: 100,249 shares ($420,615)

Net Sell 1 txn

Insider Perica Michael L.

Role EVP & Chief Financial Officer

Sold 100,249 shs ($421K)

Type	Security	Shares	Price	Value
Sale	Common Stock	100,249	$4.1957	$421K

Holdings After Transaction: Common Stock — 146,032 shares (Direct)

Footnotes (1)

1. The reported sale of 100,249 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.325, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Perica Michael L.

(Last) (First) (Middle)

C/O 1700 S. PAVILION CENTER DRIVE

SUITE 330

(Street)

LAS VEGAS NV 89135

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rimini Street, Inc. [ RMNI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025(1)		S(1)		100,249(1)	D(1)	$4.1957(1)(2)	146,032	D(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sale of 100,249 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.325, inclusive. The Reporting Person undertakes to provide to Rimini Street, Inc., any security holder of Rimini Street, Inc., or the staff of the United States Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.

Remarks:

	/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did RMNI insider Michael L. Perica do on 09/02/2025?

He sold 100,249 shares of Rimini Street, Inc. common stock pursuant to a Rule 10b5-1 trading plan.

Was the sale by the RMNI CFO pre-planned or ad hoc?

Pre-planned. The sale occurred under a Rule 10b5-1 trading plan adopted on 06/02/2025.

At what price were the RMNI shares sold?

Weighted average price $4.1957; individual trades ranged from $4.12 to $4.325.

How many RMNI shares does Michael L. Perica own after the sale?

He beneficially owns 146,032 shares following the reported dispositions.

Who signed the Form 4 reporting the RMNI transaction?

Celeste Rasmussen Peiffer, as Attorney-in-Fact, signed the Form 4 on 09/02/2025.