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Equity grants to Rimini Street (RMNI) CPO David W. Rowe

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Rowe David W.

(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)
CPO,CMO&EVPGlob.Transformation
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 453,931 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
Restricted Stock Units (1) 03/02/2026 A 32,258 (2) (2) Common Stock 32,258 $0 32,258 D
Employee Stock Options (Right to Buy) $3.72 03/02/2026 A 25,116 (3) 03/02/2036 Common Stock 25,116 $0 25,116 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 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.
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 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.

Are David W. Rowe’s new Rimini Street (RMNI) RSUs immediately payable in shares?

No, the 32,258 Restricted Stock Units represent a contingent right to receive shares. They convert into Rimini Street common stock only as they vest over time and subject to his continued service, rather than providing immediate share delivery on the grant date.
Rimini Street

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