Rimini Street (RMNI) director granted 44,117 RSUs, exercises 55,727 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rimini Street, Inc. director Robin P. Murray reported equity compensation activity. He received a grant of 44,117 Restricted Stock Units (RSUs), each representing a right to one share of common stock, which will fully vest on the earlier of June 3, 2027 or the day before the 2027 annual stockholders meeting, subject to his continued board service.
Murray also exercised 55,727 RSUs into 55,727 shares of Rimini Street common stock, a compensation-related conversion rather than an open-market purchase or sale. Following this exercise, he directly holds 328,721 common shares. Additional large common stock positions are held by various Adams Street investment funds and Adams Street Rimini Aggregator LLC; Adams Street Partners, LLC and its partners, including Murray, may be deemed to share voting and investment power and generally disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
55,727 shares exercised/converted
Mixed
12 txns
Insider
Murray Robin P.
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 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 44,117 shares (Direct, null);
Common Stock — 328,721 shares (Direct, null);
Common Stock — 4,320,786 shares (Indirect, See Footnote)
Footnotes (1)
- Represents shares held directly by Adams Street 2007 Direct Fund, L.P. ("AS 2007"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2007, may be deemed to beneficially own the shares held by AS 2007. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2007. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2007 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2008 Direct Fund, L.P. ("AS 2008"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2008, may be deemed to beneficially own the shares held by AS 2008. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2008. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2008 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2009 Direct Fund, L.P. ("AS 2009"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2009, may be deemed to beneficially own the shares held by AS 2009. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2009. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2009 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2013 Direct Fund LP ("AS 2013"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2013, may be deemed to beneficially own the shares held by AS 2013. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2013. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2013 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2014 Direct Fund LP ("AS 2014"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2014, may be deemed to beneficially own the shares held by AS 2014. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2014. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2014 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2015 Direct Venture/Growth Fund LP ("AS 2015"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2015, may be deemed to beneficially own the shares held by AS 2015. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2015. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2015 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street 2016 Direct Venture/Growth Fund LP ("AS 2016"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2016, may be deemed to beneficially own the shares held by AS 2016. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2016. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2016 except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street Venture/Growth Fund VI LP ("AS VGVI"). Adams Street Partners, LLC, as the managing member of the general partner Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS VGVI. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS VGVI except to the extent of their pecuniary interest therein. Represents shares held directly by Adams Street Rimini Aggregator LLC ("ASRA"). Adams Street Partners, LLC, as the manager of ASRA, may be deemed to beneficially own the shares held by ASRA. David Brett, Alex Kessel, Michael Taylor, Benjamin Wallwork and Craig D. Waslin, each of whom is a partner or principal of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by ASRA. Adams Street Partners, LLC and David Brett, Alex Kessel, Michael Taylor, Benjamin Wallwork and Craig D. Waslin disclaim beneficial ownership of the shares held by ASRA except to the extent of their pecuniary interest therein. The shares of common stock were issued to the Reporting Person, Robin Murray, a director of the Issuer who is a partner of Adams Street Partners, LLC. Adams Street Partners, LLC is the managing member of the general partner of AS 2007, AS 2008, and AS 2009, the managing member of the general partner of the general partner of each of AS 2013, AS 2014, AS 2015, AS 2016 and AS VGVI (collectively, the "Funds") and the manager of ASRA. By agreement with the Funds, Mr. Murray is deemed to hold the shares of common stock for the benefit of the Funds. The shares of common stock may be deemed to be indirectly beneficially owned by Adams Street Partners, LLC. Messrs. Bluestein, Bremmer, Brett, Cliff, Dudley, Jeevarathnam, Kessel, Morrison, Murray, Taylor, Wallwork, Wang and Waslin, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), disclaim beneficial ownership of the shares of common stock except to the extent of their pecuniary interest therein. 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.
Key Figures
RSUs granted: 44,117 RSUs
RSU vesting date: June 3, 2027
RSUs exercised: 55,727 RSUs
+3 more
6 metrics
RSUs granted
44,117 RSUs
Award to Robin P. Murray; each RSU equals one common share
RSU vesting date
June 3, 2027
100% vesting or earlier day before 2027 annual meeting
RSUs exercised
55,727 RSUs
Converted into 55,727 shares of common stock
Direct common shares after exercise
328,721 shares
Murray’s direct Rimini Street holdings after June 2, 2026 exercise
RSU award date
June 4, 2025
55,727 RSUs that fully vested on June 2, 2026
RSU full vest date (prior award)
June 2, 2026
100% of 55,727 RSUs vested the day before 2026 annual meeting
Key Terms
Restricted Stock Unit, derivative security, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
beneficial ownership financial
"disclaim beneficial ownership of the shares held by AS 2007 except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaim beneficial ownership of the shares held by AS 2008 except to the extent of their pecuniary interest therein"
Adams Street Partners, LLC financial
"Adams Street Partners, LLC, as the managing member of the general partner of AS 2007"
FAQ
What equity awards did Robin P. Murray report in this Rimini Street (RMNI) Form 4?
Robin P. Murray reported a grant of 44,117 Restricted Stock Units and the exercise of 55,727 Restricted Stock Units into 55,727 Rimini Street common shares, reflecting board compensation and related equity conversion activity rather than open-market buying or selling.
When do Robin P. Murray’s newly granted Rimini Street (RMNI) RSUs vest?
The 44,117 Restricted Stock Units vest 100% on the earlier of June 3, 2027 or the day before Rimini Street’s 2027 Annual Meeting of Stockholders, contingent on Murray’s continued service as a member of the company’s Board of Directors through that date.
What happened to the 55,727 Rimini Street (RMNI) RSUs mentioned in the filing?
The 55,727 Restricted Stock Units, awarded on June 4, 2025 and fully vested on June 2, 2026, were exercised into 55,727 Rimini Street common shares, converting a derivative equity award into non-derivative stock rather than representing an open-market transaction.