Rimini Street EVP sells 42,482 shares after exercises
The reported $4.976 weighted average reflects multiple sale transactions priced from $4.835 to $5.21 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Rimini Street, Inc. EVP & Chief Revenue Officer Steven Hershkowitz exercised employee stock options for 9,149 common shares at $3.48 per share and 33,333 shares at $2.72 on November 2, 2026. The options, awarded March 4, 2025 and December 17, 2024, respectively, were 100% vested and exercisable. He sold 42,482 common shares that day at a weighted average price of $4.976 per share; sale prices ranged from $4.835 to $5.21. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) F2 | 9,149 | $0.00 | $0.00 |
| Exercise | Employee Stock Options (Right to Buy) F3 | 33,333 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,149 | $3.48 | $32K |
| Exercise | Common Stock | 33,333 | $2.72 | $91K |
| Sale | Common Stock F1 | 42,482 | $4.976 | $211K |
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.835 to $5.21, 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.
- F2. The Employee Stock Options were originally awarded on March 4, 2025 and were 100% vested and exercisable.
- F3. The Employee Stock Options were originally awarded on December 17, 2024 and were 100% vested and exercisable.
Key Figures
Key Terms
Employee Stock Options (Right to Buy) financial
weighted average price financial
vested and exercisable financial
FAQ
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What RMNI stock options did Steven Hershkowitz exercise?
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