EVP at Rimini Street (NASDAQ: RMNI) awarded 16,896 Performance Units

Rhea-AI Filing Summary

Rimini Street, Inc. reported that EVP and Chief Recurring Revenue Officer Kevin Maddock acquired an award of 16,896 Performance Units. Each unit is a contingent right to receive one share of common stock, earned under the 2025 Long-Term Incentive Plan based on 2025 Adjusted EBITDA and Total Revenue performance goals, effective as of February 19, 2026. These Performance Units vest in three equal installments on March 4, 2026, March 4, 2027 and March 4, 2028, if he continues as a service provider. Following this filing, he directly holds 173,704 shares of 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

OMB APPROVAL

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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^*

Maddock Kevin

(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,ChiefRecurringRev.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								173,704	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		16,896(2)		(3)	(3)	Common Stock	16,896	$0	16,896	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.
* 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.
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FAQ

What insider transaction did Rimini Street (RMNI) report for Kevin Maddock?

Rimini Street reported that EVP and Chief Recurring Revenue Officer Kevin Maddock received an award of 16,896 Performance Units. These units represent contingent rights to receive common shares, granted under the company’s 2025 Long-Term Incentive Plan tied to fiscal 2025 performance metrics.

How many Rimini Street Performance Units were granted to Kevin Maddock?

Kevin Maddock was granted 16,896 Performance Units. Each unit corresponds to a potential share of common stock, subject to the company achieving specified 2025 Adjusted EBITDA and Total Revenue goals and to future time-based vesting requirements through March 2028.

What performance goals determine Kevin Maddock’s Rimini Street Performance Units?

The Performance Units are earned based on Rimini Street’s achievement against target Adjusted EBITDA and target Total Revenue performance goals for fiscal year 2025. The award is effective as of February 19, 2026, when the company filed its Form 10-K for 2025.

What is the vesting schedule for Kevin Maddock’s Rimini Street Performance Units?

The Performance Units vest in three equal installments on March 4, 2026, March 4, 2027 and March 4, 2028. Vesting generally requires that Kevin Maddock continue as a service provider to Rimini Street through each applicable vesting date.

How many Rimini Street common shares does Kevin Maddock own after this Form 4?

After this transaction, Kevin Maddock directly holds 173,704 shares of Rimini Street common stock. This figure reflects his direct ownership reported in the Form 4 and does not include the unvested Performance Units, which are contingent rights to receive additional shares.

What does each Rimini Street Performance Unit granted to Kevin Maddock represent?

Each Performance Unit represents a contingent right to receive one share of Rimini Street common stock upon vesting. The units first must be earned based on fiscal 2025 performance goals, then satisfy additional time-based vesting conditions over three years.