STOCK TITAN

Rimini Street CEO sells 322K shares at about $5

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rimini Street, Inc. (RMNI) disclosed that President, CEO & Chairman Seth A. Ravin, through the SAR Trust, sold a total of 322,707 shares of Common Stock on September 2–4, 2026 in open market or private transactions at weighted average prices between about $5.02 and $5.18 per share. A separate line shows 882,900 shares of Common Stock held directly by Mr. Ravin as of September 2, 2026. No Rule 10b5-1 trading plan is reported for these transactions.

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Insights

Analyzing...

Insider Ravin Seth A.
Role President, CEO & Chairman
Sold 322,707 shs ($1.66M)
Type Security Shares Price Value
Sale Common Stock F3 89,639 $5.0197 $450K
Sale Common Stock F2 41,366 $5.1619 $214K
Sale Common Stock F1 191,702 $5.1753 $992K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 10,168,602 shares (Indirect, Through the SAR Trust); Common Stock — 882,900 shares (Direct)
Footnotes (3)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.15 to $5.23, 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.
  2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.10 to $5.245, 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.
  3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.005 to $5.065, 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.
Shares sold September 2, 2026 191,702 shares at $5.1753 per share Indirect sale of Common Stock through the SAR Trust
Shares sold September 3, 2026 41,366 shares at $5.1619 per share Indirect sale of Common Stock through the SAR Trust
Shares sold September 4, 2026 89,639 shares at $5.0197 per share Indirect sale of Common Stock through the SAR Trust
Total shares sold 322,707 shares Aggregate indirect sales reported for September 2–4, 2026
Direct holdings after transaction date 882,900 shares Common Stock held directly by Seth A. Ravin as of September 2, 2026
weighted average price financial
"The price reported ... is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"The sales were reported as indirect ownership through the SAR Trust."
open market or private transaction financial
"Described as a sale in open market or private transaction."
SAR Trust financial
"Indirect ownership noted as through the SAR Trust."

FAQ

What insider transactions did RMNI report for CEO Seth A. Ravin?

Rimini Street reported that Seth A. Ravin, via the SAR Trust, sold 322,707 shares of Common Stock on September 2–4, 2026 in open market or private transactions at weighted average prices just above $5 per share.

On what dates did the RMNI insider sales occur and at what prices?

The SAR Trust sold RMNI Common Stock on September 2, 3 and 4, 2026 at weighted average prices of $5.1753, $5.1619 and $5.0197 per share, respectively, with actual trade prices within narrow ranges around those averages.

How many RMNI shares did Seth A. Ravin sell on each day?

Through the SAR Trust, Seth A. Ravin sold 191,702 shares on September 2, 41,366 shares on September 3, and 89,639 shares on September 4, 2026, for a combined total of 322,707 shares of Rimini Street Common Stock.

Does Seth A. Ravin still hold RMNI shares directly after these sales?

Yes. A separate holding line shows Seth A. Ravin holding 882,900 shares of Rimini Street Common Stock directly as of September 2, 2026. The reported sales were made indirectly through the SAR Trust.

Were the reported RMNI insider sales made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 plan is affirmed for these transactions, meaning the reported sales by the SAR Trust are not identified as having been executed under a pre-arranged trading plan.

How were the per-share prices for the RMNI insider sales calculated?

For each day, the reported price is a weighted average price. The SAR Trust’s sales were executed in multiple trades within stated price ranges, and the averages reported aggregate those trades for disclosure purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Ravin Seth A.

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
President, CEO & Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026
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 Stock09/02/2026S191,702D$5.1753(1)10,299,607IThrough the SAR Trust
Common Stock09/03/2026S41,366D$5.1619(2)10,258,241IThrough the SAR Trust
Common Stock09/04/2026S89,639D$5.0197(3)10,168,602IThrough the SAR Trust
Common Stock882,900D
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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.15 to $5.23, 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.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.10 to $5.245, 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.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.005 to $5.065, 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-Fact09/04/2026
** 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)

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