Rimini Street (RMNI) awards 2025 performance-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lyskawa Nancy reported acquisition or exercise transactions in this Form 4 filing.
Rimini Street, Inc. executive Nancy Lyskawa, EVP & Chief Client Officer, was granted 16,896 Performance Units effective February 19, 2026. Each unit is a contingent right to receive one share of common stock, based on the company’s achievement of 2025 Adjusted EBITDA and Total Revenue performance goals.
These Performance Units vest in three equal installments on March 4, 2026, March 4, 2027, and March 4, 2028, generally requiring her continued service. Following this grant, she directly holds 184,015 shares of Rimini Street common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lyskawa Nancy
Role
EVP & Chief Client Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Units | 16,896 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Units — 16,896 shares (Direct);
Common Stock — 184,015 shares (Direct)
Footnotes (1)
- Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. 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). 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.
FAQ
What did Rimini Street (RMNI) EVP Nancy Lyskawa report on this Form 4?
Nancy Lyskawa reported receiving 16,896 Performance Units tied to Rimini Street common stock. These units were awarded under the company’s 2025 Long-Term Incentive Plan and depend on meeting specific 2025 Adjusted EBITDA and Total Revenue performance goals before converting into shares.
How many Rimini Street Performance Units were granted to Nancy Lyskawa?
She was granted 16,896 Performance Units with a price per unit of $0.00. Each unit represents a contingent right to one share of common stock, subject to both 2025 performance targets and ongoing time-based vesting conditions over three annual installments.
What performance goals affect the Rimini Street Performance Units for RMNI?
The Performance Units depend on Rimini Street’s 2025 Adjusted EBITDA and 2025 Total Revenue versus target goals. Units classified as "Earned Performance Units" are determined based on these metrics and then remain subject to additional time-based vesting through 2028, assuming continued service by the executive.
When will Nancy Lyskawa’s Rimini Street Performance Units vest?
The Performance Units vest in three equal installments on March 4, 2026, March 4, 2027, and March 4, 2028. Vesting generally requires that she continue as a Service Provider under Rimini Street’s 2013 Equity Incentive Plan through each respective vesting date.
Is the Rimini Street Performance Unit grant a cash transaction for Nancy Lyskawa?
No, the reported grant shows a $0.00 transaction price per Performance Unit. This indicates an equity-based compensation award rather than a cash purchase, with value depending on Rimini Street’s stock performance and achievement of the specified 2025 financial performance targets.