STOCK TITAN

Rimini Street (RMNI) CFO executes pre-planned $205K stock sale

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rimini Street, Inc. Executive Vice President and Chief Financial Officer Michael L. Perica executed an open-market sale of 51,246 shares of Common Stock at $4.00 per share. The sale, worth roughly $205K, was carried out automatically under a pre-arranged Rule 10b5-1 trading plan adopted on June 2, 2025. After this transaction, he directly holds 116,505 shares, indicating he retained a substantial portion of his prior stake.

Positive

  • None.

Negative

  • None.
Insider Perica Michael L.
Role EVP & Chief Financial Officer
Sold 51,246 shs ($205K)
Type Security Shares Price Value
Sale Common Stock 51,246 $4.00 $205K
Holdings After Transaction: Common Stock — 116,505 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 51,246 shares Open-market sale on May 1, 2026
Sale price $4.00 per share Transaction price for Common Stock
Approximate sale value $205K 51,246 shares sold at $4.00
Shares held after transaction 116,505 shares Direct holdings following sale
Net shares sold 51,246 shares Net change from this Form 4
Rule 10b5-1 trading plan financial
"The reported sale of 51,246 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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).
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 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
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 Stock05/01/2026S(1)51,246(1)D(1)$4116,505D
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
Explanation of Responses:
1. 1. The reported sale of 51,246 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025.
Remarks:
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact05/04/2026
** 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 insider transaction did Rimini Street (RMNI) report for its CFO?

Rimini Street reported that CFO Michael L. Perica sold 51,246 shares of Common Stock at $4.00 per share. This was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan, rather than a spontaneous trade decision.

How large was the recent Rimini Street (RMNI) CFO stock sale in dollar terms?

The CFO’s sale of 51,246 Rimini Street shares at $4.00 per share totals roughly $205,000. This figure comes directly from multiplying the disclosed share count by the reported sale price in the insider transaction filing.

How many Rimini Street (RMNI) shares does the CFO hold after the sale?

Following the disclosed transaction, CFO Michael L. Perica directly holds 116,505 shares of Rimini Street Common Stock. This post-transaction balance is reported in the Form 4 and shows he continues to maintain a significant equity position.

Was the Rimini Street (RMNI) CFO stock sale under a Rule 10b5-1 plan?

Yes. The Form 4 footnote states the 51,246-share sale occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted on June 2, 2025, indicating the trade was pre-scheduled rather than timed discretionarily.

Did the Rimini Street (RMNI) CFO buy or sell shares in the latest filing?

In the latest Form 4, Rimini Street’s CFO is reported to have sold shares, not bought them. The filing shows an open-market sale of 51,246 Common Stock shares at a transaction price of $4.00 per share.