STOCK TITAN

Rimini Street (RMNI) director exercises 55,727 units and receives new RSU grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rimini Street, Inc. director Jay G. Snyder reported equity compensation and an option-style exercise, with no share sales. On June 3, 2026 he received a grant of 44,117 Restricted Stock Units (RSUs), each representing one future share of common stock upon vesting.

All 44,117 RSUs will vest on the earlier of June 3, 2027 or the day before Rimini Street’s 2027 annual stockholders’ meeting, contingent on his continued board service. Separately, on June 2, 2026 he exercised 55,727 previously granted RSUs into 55,727 shares of common stock at a reported price of $0.00 per share, and after this exercise he directly owned 281,745 common shares.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grant plus exercise-and-hold, with no share sales disclosed.

Director Jay G. Snyder received 44,117 new Restricted Stock Units (RSUs) on June 3, 2026. The filing notes each RSU converts into one share of common stock upon vesting, which is scheduled for the earlier of June 3, 2027 or the day before the 2027 annual stockholders’ meeting, subject to continued board service.

On June 2, 2026, Snyder also exercised 55,727 previously granted RSUs into 55,727 common shares at a stated price of $0.00 per share. The related footnote indicates that this RSU award was originally granted on June 4, 2025 and fully vested on June 2, 2026. After the exercise, he directly held 281,745 common shares, suggesting an exercise-and-hold pattern rather than an exercise-and-sell event, with no open-market sales or tax-withholding dispositions reported in this filing.

Insider Snyder Jay G
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 44,117 $0.00 --
Exercise Restricted Stock Units 55,727 $0.00 --
Exercise Common Stock 55,727 $0.00 --
Holdings After Transaction: Restricted Stock Units — 44,117 shares (Direct, null); Common Stock — 281,745 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On June 4, 2025, the Reporting Person was awarded 55,727 Restricted Stock Units, 100% of which vested on June 2, 2026, or the day before the date of the Issuer's 2026 Annual Meeting of Stockholders. 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 3, 2027 or (ii) the day before the date of the Issuer's 2027 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
New RSU grant 44,117 Restricted Stock Units Granted June 3, 2026 to director Jay G. Snyder
RSU exercise 55,727 shares RSUs exercised into common stock on June 2, 2026
Common shares held after transactions 281,745 shares Direct ownership after June 2, 2026 exercise
Prior RSU award size 55,727 Restricted Stock Units Awarded June 4, 2025 and fully vested June 2, 2026
New RSU vesting date June 3, 2027 Or day before 2027 annual stockholders’ meeting, if earlier
Restricted Stock Units financial
"On June 4, 2025, the Reporting Person was awarded 55,727 Restricted Stock Units"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"100% of which vested on June 2, 2026, or the day before the date of the Issuer's 2026 Annual Meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting."
exercise or conversion financial
"transaction_code_description": "Exercise or conversion of derivative security""
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SEC Form 4
FORM 4UNITED 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).
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*
Snyder Jay G

(Last)(First)(Middle)
C/O 1700 S. PAVILION CENTER DRIVE
SUITE 330

(Street)
LAS VEGAS NEVADA 89135

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Rimini Street, Inc. [ RMNI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/02/2026M55,727A$0281,745D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/02/2026M55,727 (2) (2)Common Stock55,727$00D
Restricted Stock Units(1)06/03/2026A44,117 (3) (3)Common Stock44,117$044,117D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
2. On June 4, 2025, the Reporting Person was awarded 55,727 Restricted Stock Units, 100% of which vested on June 2, 2026, or the day before the date of the Issuer's 2026 Annual Meeting of Stockholders.
3. 100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 3, 2027 or (ii) the day before the date of the Issuer's 2027 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
Remarks:
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact06/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity grant did Rimini Street (RMNI) director Jay G. Snyder receive?

Jay G. Snyder received a grant of 44,117 Restricted Stock Units. Each unit represents a right to receive one share of Rimini Street common stock upon vesting, providing stock-based compensation tied to his continued board service through the specified vesting date.

When do Jay G. Snyder’s new RSUs in Rimini Street (RMNI) vest?

All 44,117 newly granted RSUs vest on the earlier of June 3, 2027 or the day before Rimini Street’s 2027 annual stockholders’ meeting. Vesting is contingent on Snyder’s continued service as a member of the board of directors through that date.

What RSU award did Jay G. Snyder exercise into Rimini Street (RMNI) common stock?

Snyder exercised 55,727 Restricted Stock Units into 55,727 shares of Rimini Street common stock. The footnotes state this RSU award was granted on June 4, 2025 and became 100% vested on June 2, 2026, the day before the 2026 annual stockholders’ meeting.

How many Rimini Street (RMNI) shares does Jay G. Snyder hold after these transactions?

After exercising 55,727 RSUs into common stock, Jay G. Snyder directly owned 281,745 shares of Rimini Street common stock. This figure reflects his post-transaction holdings as reported in the Form 4 and shows no reduction from share sales in this filing.

Does the Rimini Street (RMNI) Form 4 show any stock sales by Jay G. Snyder?

The Form 4 reports only equity grants and derivative exercises for Jay G. Snyder, with no open-market sales. Transactions are coded as awards (A) and derivative exercises (M), and the summary shows no sell transactions or tax-withholding dispositions in this particular filing.