Rimini Street CFO sells 53,882 shares under 10b5-1
Rimini Street, Inc. Executive Vice President and Chief Financial Officer Michael L. Perica reported selling 53,882 shares of common stock on January 8, 2026 at a price of $4.00 per share.
Rhea-AI Filing Summary
Rimini Street, Inc. Executive Vice President and Chief Financial Officer Michael L. Perica reported selling 53,882 shares of common stock on January 8, 2026 at a price of $4.00 per share. After this transaction, he beneficially owned 92,150 shares of Rimini Street common stock in direct form. The filing notes that this sale occurred automatically under a Rule 10b5-1 trading plan that he adopted on June 2, 2025, indicating the transactions were pre-scheduled rather than timed at his discretion.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 53,882 | $4.00 | $216K |
Footnotes (1)
- F1. The reported sale of 53,882 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rimini Street (RMNI) report in this Form 4?
Was the Rimini Street CFO sale under a Rule 10b5-1 trading plan?
What is the role of the insider involved in this Rimini Street Form 4?
Is the Rimini Street CFO’s ownership reported as direct or indirect?
What type of security was sold in this Rimini Street insider transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.