Equity grants to Rimini Street (RMNI) CPO David W. Rowe
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rowe David W. reported acquisition or exercise transactions in this Form 4 filing.
Rimini Street executive David W. Rowe reported new equity awards. On March 2, 2026, he received 32,258 Restricted Stock Units and 25,116 employee stock options, both granted at no cost. These awards vest in three equal annual installments from March 2, 2027 through March 2, 2029, conditioned on continued service. Following these awards, he directly held 453,931 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rowe David W.
Role
CPO,CMO&EVPGlob.Transformation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,258 | $0.00 | -- |
| Grant/Award | Employee Stock Options (Right to Buy) | 25,116 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 32,258 shares (Direct);
Employee Stock Options (Right to Buy) — 25,116 shares (Direct);
Common Stock — 453,931 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On March 2, 2026, the Reporting Person was granted 32,258 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. 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.
FAQ
What insider transaction did Rimini Street (RMNI) report for David W. Rowe?
Rimini Street reported that executive David W. Rowe received equity awards, including Restricted Stock Units and stock options. These were granted on March 2, 2026, as part of his compensation, rather than open-market purchases or sales of existing Rimini Street shares.
How many Restricted Stock Units did David W. Rowe receive from Rimini Street (RMNI)?
David W. Rowe was granted 32,258 Restricted Stock Units. Each unit represents a contingent right to receive one share of Rimini Street common stock upon vesting, aligning his compensation with future company performance and continued employment over several years.
What stock options were granted to David W. Rowe by Rimini Street (RMNI)?
He received 25,116 employee stock options, described as rights to buy Rimini Street common stock. These options were granted with a vesting schedule over three years, encouraging long-term retention and tying a portion of his compensation to future share value.
When do David W. Rowe’s Rimini Street (RMNI) RSUs and options vest?
The RSUs and stock options vest in three equal annual installments on March 2, 2027, March 2, 2028, and March 2, 2029. Vesting generally requires that Rowe continue as a “Service Provider” under Rimini Street’s 2013 Equity Incentive Plan on each vesting date.
What is David W. Rowe’s Rimini Street (RMNI) common stock holding after these grants?
After the reported equity grants, David W. Rowe directly held 453,931 shares of Rimini Street common stock. This figure reflects his direct ownership position as of the transaction date associated with the reported Form 4 insider filing information.