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Rimini Street (NASDAQ: RMNI) CEO awarded RSUs and stock options

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

Rhea-AI Filing Summary

Ravin Seth A. reported acquisition or exercise transactions in this Form 4 filing.

Rimini Street, Inc. director, president, CEO and chairman Seth A. Ravin reported equity awards and updated holdings. On March 2, 2026, he was granted 212,903 Restricted Stock Units, each representing a right to one share of common stock upon vesting, and 221,028 employee stock options, both vesting in three equal annual installments on March 2, 2027, 2028 and 2029, generally contingent on his continued service under the 2013 Equity Incentive Plan. As of that date, he reported 678,538 shares of common stock held directly and 10,491,309 shares held indirectly through the SAR Trust.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 NV 89135

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rimini Street, Inc. [ RMNI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President, CEO & Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 678,538 D
Common Stock 10,491,309 I Through the SAR Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/02/2026 A 212,903 (2) (2) Common Stock 212,903 $0 212,903 D
Employee Stock Options (Right to Buy) $3.72 03/02/2026 A 221,028 (3) 03/02/2036 Common Stock 221,028 $0 221,028 D
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 March 2, 2026, the Reporting Person was granted 212,903 Restricted Stock Units that will vest ratably in three (3) annual installments on March 2, 2027, March 2, 2028 and March 2, 2029, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
3. The Employee Stock Options will vest in three (3) equal installments on March 2, 2027, March 2, 2028 and March 2, 2029, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.
Remarks:
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What equity awards did RMNI CEO Seth A. Ravin receive on March 2, 2026?

Seth A. Ravin received 212,903 Restricted Stock Units and 221,028 employee stock options on March 2, 2026. Both awards were granted at a price of $0.00 per unit or option as part of his equity compensation package.

How do the new Rimini Street RSUs for Seth A. Ravin vest?

The 212,903 Restricted Stock Units vest in three annual installments on March 2, 2027, March 2, 2028 and March 2, 2029. Each RSU represents a contingent right to receive one share of Rimini Street common stock upon vesting, subject to continued service.

What is the vesting schedule for Seth A. Ravin’s new RMNI stock options?

The 221,028 employee stock options vest in three equal installments on March 2, 2027, March 2, 2028 and March 2, 2029. Vesting generally requires Ravin to remain a Service Provider under Rimini Street’s 2013 Equity Incentive Plan through each vesting date.

How many Rimini Street common shares does Seth A. Ravin hold directly and indirectly?

As of March 2, 2026, Seth A. Ravin reported 678,538 Rimini Street common shares held directly. He also reported 10,491,309 Rimini Street common shares held indirectly through the SAR Trust, reflecting a substantial indirect ownership position.

Are Seth A. Ravin’s new RMNI equity awards performance-based or service-based?

The disclosures describe the RSUs and stock options as vesting generally subject to continued service as a Service Provider. The filing ties vesting to service under the 2013 Equity Incentive Plan rather than specifying additional performance-based conditions.
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