Rimini Street (NASDAQ: RMNI) CFO granted 56,321 performance units

Rhea-AI Filing Summary

Perica Michael L. reported acquisition or exercise transactions in this Form 4 filing.

Rimini Street, Inc. reported that EVP & Chief Financial Officer Michael L. Perica received a grant of 56,321 Performance Units effective February 19, 2026. Each Performance Unit represents a contingent right to receive one share of common stock upon vesting.

These represent “Earned Performance Units” under the company’s 2025 Long-Term Incentive Plan, based on achievement of 2025 targets for Adjusted EBITDA and Total Revenue. The units are also subject to time-based vesting in three equal installments on March 4, 2026, March 4, 2027 and March 4, 2028, generally requiring Mr. Perica to remain a service provider through each vesting date. Following this grant, he directly holds 92,150 shares of Rimini Street common stock.

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

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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^*

Perica Michael L.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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								92,150	D

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
Performance Units	(1)	02/19/2026		A		56,321(2)		(3)	(3)	Common Stock	56,321	$0	56,321	D

Explanation of Responses:

1. Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

2. Represents "Earned Performance Units" under the terms of the Issuer's 2025 Long-Term Incentive Plan based upon the Issuer's achievement against a target "Adjusted EBITDA" performance goal for fiscal year 2025 and the Issuer's achievement against a target "Total Revenue" performance goal for fiscal year 2025, effective as of February 19, 2026 (the date the Issuer filed its Annual Report on Form 10-K for the year ended December 31, 2025).

3. The Performance Units are subject to additional time-based vesting requirements and will vest in three (3) equal installments on March 4, 2026, March 4, 2027 and March 4, 2028, 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	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Rimini Street (RMNI) report for Michael L. Perica?

Rimini Street reported that EVP & CFO Michael L. Perica received a grant of 56,321 Performance Units. Each unit can convert into one share of common stock upon vesting under the company’s 2025 Long-Term Incentive Plan.

How many Rimini Street performance units were granted to the CFO in this Form 4?

The CFO, Michael L. Perica, was granted 56,321 Performance Units. These units were classified as earned based on 2025 Adjusted EBITDA and Total Revenue goals, creating a contingent right to receive the same number of common shares upon vesting.

What performance goals determine vesting of Rimini Street (RMNI) CFO’s performance units?

The Performance Units were earned under the 2025 Long-Term Incentive Plan based on Rimini Street’s 2025 Adjusted EBITDA and Total Revenue performance targets. Achievement against both targets determined the “Earned Performance Units” credited to the CFO effective February 19, 2026.

What is the vesting schedule for the Rimini Street CFO’s 56,321 Performance Units?

The 56,321 Performance Units vest in three equal installments on March 4, 2026, March 4, 2027 and March 4, 2028. Vesting generally requires Michael L. Perica to continue serving as a service provider to Rimini Street through each vesting date.

How do Rimini Street Performance Units work for the CFO’s equity grant?

Each Performance Unit represents a contingent right to receive one share of Rimini Street common stock upon vesting. The grant reflects earned units tied to 2025 performance goals and remains subject to additional time-based vesting over three years.

How many Rimini Street common shares does the CFO hold after this Form 4 transaction?

After the reported transactions, Michael L. Perica directly holds 92,150 shares of Rimini Street common stock. This figure is reported as the total direct common stock ownership following the February 19, 2026 Performance Unit grant.