Rimini Street EVP trades shares after awards vest
Rimini Street, Inc. EVP & Chief Client Officer Nancy Lyskawa reported a mix of equity award vesting and related stock sales.
Rhea-AI Filing Summary
Rimini Street, Inc. EVP & Chief Client Officer Nancy Lyskawa reported a mix of equity award vesting and related stock sales. On March 4, 2026, she acquired 11,493 shares of common stock from vested Restricted Stock Units and 5,632 shares from vested Performance Units at $0.00 per share through derivative exercises.
Following these transactions, she directly held 200,122 shares of common stock, 22,989 Restricted Stock Units and 11,264 Performance Units. To cover tax withholding obligations tied to these vesting events, 3,371 and 1,966 shares of common stock were automatically sold at $3.6428 per share under the company’s sell-to-cover policy, and the footnotes state she did not initiate these sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Lyskawa Nancy
Role
EVP & Chief Client Officer
Sold
5,337 shs ($19K)
Approx. gross sale proceeds
$19K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,493 | $0.00 | $0.00 |
| Exercise | Performance Units | 5,632 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,493 | $0.00 | $0.00 |
| Sale | Common Stock | 3,371 | $3.6428 | $12K |
| Exercise | Common Stock | 5,632 | $0.00 | $0.00 |
| Sale | Common Stock | 1,966 | $3.6428 | $7K |
Holdings After Transaction:
Restricted Stock Units — 22,989 contracts (Direct);
Performance Units — 11,264 contracts (Direct);
Common Stock — 200,122 shares (Direct)
Footnotes (7)
- F1. Reported transaction is an automatically-triggered "sell-to-cover" transaction related to the payment of withholding tax obligations pursuant to the Issuer's policy for tax withholdings associated with Restricted Stock Unit vesting events. The Reporting Person did not initiate the sale.
- F2. Represents one third of the total 16,896 "Earned Performance Units" (as previously reported by the Reporting Person on a Form 4 dated February 20, 2026) 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).
- F3. Reported transaction is an automatically-triggered "sell-to-cover" transaction related to the payment of withholding tax obligations pursuant to the Issuer's policy for tax withholdings associated with Performance Unit vesting events. The Reporting Person did not initiate the sale.
- F4. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F5. On March 4, 2025, the Reporting Person was granted 34,482 Restricted Stock Units, one-third of which vested on March 4, 2026. The remaining two-thirds will vest ratably on 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 vesting date.
- F6. Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F7. One-third of the "Earned Performance Units" vested on March 4, 2026. The remaining two-thirds vest ratably on 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RMNI executive Nancy Lyskawa report?
Nancy Lyskawa reported equity award vesting and related stock sales. She exercised Restricted Stock Units and Performance Units into common shares, then had a portion of those shares automatically sold to cover tax withholding obligations under Rimini Street’s established sell-to-cover policy.
Were Nancy Lyskawa’s RMNI stock sales discretionary or automatic?
The stock sales were automatic sell-to-cover transactions. Footnotes explain they were triggered to pay withholding tax obligations under Rimini Street’s policies for Restricted Stock Unit and Performance Unit vesting events, and that Nancy Lyskawa did not personally initiate the sales.
What equity awards vested for RMNI executive Nancy Lyskawa on March 4, 2026?
On March 4, 2026, one-third of a 34,482 Restricted Stock Unit grant vested, and one-third of previously earned Performance Units vested. Each unit represents a contingent right to receive one common share, subject to continued service and prior achievement of performance goals.
What performance goals affected Nancy Lyskawa’s Rimini Street Performance Units?
Her Performance Units were earned based on Rimini Street’s achievement against target Adjusted EBITDA and Total Revenue goals for fiscal year 2025 under the 2025 Long-Term Incentive Plan, with earned units vesting in thirds across March 2026, March 2027, and March 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
