Charitable LLC linked to ReposiTrak CEO sells 7,500 shares
ReposiTrak, Inc.’s Form 4 shows an open-market sale of 7,500 shares of Common Stock at a weighted average price of $8.0596 per share.
Rhea-AI Filing Summary
ReposiTrak, Inc.’s Form 4 shows an open-market sale of 7,500 shares of Common Stock at a weighted average price of $8.0596 per share. The sale was made by RK Fields Charitable 2022, LLC under a pre-arranged Rule 10b5-1 trading plan to help meet charitable commitments.
After this transaction, that LLC holds 70,000 ReposiTrak shares indirectly for Randall K. Fields. The filing also reports Fields directly owning 3,483,955 Common shares, along with additional indirect holdings, including 615,260 Common shares via Riverview Financial Corp., 333,643 via Fields Management, Inc., and related Series B Preferred Stock positions.
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
7 txns
Insider
FIELDS RANDALL K
Role
CHIEF EXECUTIVE OFFICER
Sold
7,500 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $8.0596 | $60K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Series B Preferred Stock | -- | -- | -- |
| holding | Series B Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,000 shares (Indirect, By RK Fields Charitable 2022, LLC);
Common Stock — 3,483,955 shares (Direct);
Common Stock — 615,260 shares (Indirect, By Riverview Financial Corp.);
Common Stock — 30,667 shares (Indirect, By Spouse);
Common Stock — 333,643 shares (Indirect, By Fields Management, Inc.);
Series B Preferred Stock — 169,797 shares (Indirect, By Riverview Financial Corp);
Series B Preferred Stock — 3,704 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The reported sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust, the managing member of RK Fields Charitable 2022, LLC. The Trading Plan was established to enable the Reporting Person to meet some of his charitable commitments.
- F2. The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $8.00 to $8.17, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ReposiTrak (TRAK) report in this Form 4?
The Form 4 reports an open-market sale of 7,500 shares of ReposiTrak Common Stock. The shares were sold by RK Fields Charitable 2022, LLC, an entity associated with CEO Randall K. Fields, under a Rule 10b5-1 trading plan established for charitable commitments.
Was the ReposiTrak (TRAK) insider sale made under a Rule 10b5-1 plan?
Yes. The sale occurred automatically pursuant to a Rule 10b5-1 trading plan. The plan was adopted by Randall K. Fields as trustee of a charitable trust managing RK Fields Charitable 2022, LLC to help fulfill his disclosed charitable commitments over time.
What are Randall K. Fields’ direct Common Stock holdings in ReposiTrak (TRAK)?
Following the reported transactions, Randall K. Fields directly holds 3,483,955 shares of ReposiTrak Common Stock. This direct position is reported separately from his various indirect holdings through entities such as Riverview Financial Corp., Fields Management, Inc., and his spouse.
What indirect Common Stock stakes in ReposiTrak (TRAK) are reported besides the charitable LLC?
In addition to 70,000 shares via the charitable LLC, the filing shows 615,260 ReposiTrak Common shares held indirectly through Riverview Financial Corp., 30,667 through his spouse, and 333,643 through Fields Management, Inc., all reported as indirect ownership interests linked to Randall K. Fields.
What Series B Preferred Stock holdings in ReposiTrak (TRAK) are disclosed?
The Form 4 lists 169,797 shares of Series B Preferred Stock held indirectly through Riverview Financial Corp. and 3,704 shares held indirectly through Randall K. Fields’ spouse. These preferred holdings are reported separately from his Common Stock positions and reflect additional indirect ownership stakes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
