ReposiTrak CEO's Charitable Stock Sales Part of Planned Giving Strategy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ReposiTrak CEO Randall K. Fields reported multiple stock sales executed through a Rule 10b5-1 trading plan via his charitable LLC. The transactions occurred over three consecutive days:
- June 16, 2025: Sold 1,500 shares at avg. price of $20.53
- June 17, 2025: Sold 3,500 shares at avg. price of $20.16
- June 18, 2025: Sold 2,500 shares at avg. price of $20.38
Following these transactions, Fields maintains significant holdings: 3,683,955 shares directly owned and substantial indirect ownership through various entities including 615,260 shares via Riverview Financial Corp. The sales were executed to meet charitable commitments. Fields holds multiple roles as Director, 10% Owner, and CEO. Additionally, he has indirect beneficial ownership of Series B Preferred Stock through Riverview Financial Corp (531,432 shares) and his spouse (12,322 shares).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares ($152,311)
Net Sell
9 txns
Insider
FIELDS RANDALL K
Role
CHIEF EXECUTIVE OFFICER
Sold
7,500 shs ($152K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,500 | $20.3816 | $51K |
| Sale | Common Stock | 3,500 | $20.1592 | $71K |
| Sale | Common Stock | 1,500 | $20.5329 | $31K |
| 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 — 169,500 shares (Indirect, By RK Fields Charitable 2022, LLC);
Common Stock — 3,683,955 shares (Direct);
Series B Preferred Stock — 531,432 shares (Indirect, By Riverview Financial Corp)
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $20.27 to $20.70, 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 footnotes (2), (3) and (4) to this Form 4. The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $20.00 to $20.345, 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 footnotes (2), (3) and (4) to this Form 4. The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $20.06 to $20.50, 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 footnotes (2), (3) and (4) to this Form 4.
FAQ
What was the price range of TRAK stock sales by CEO Fields in June 2025?
The shares were sold at varying prices across three days: June 16 ($20.27-$20.70), June 17 ($20.00-$20.345), and June 18 ($20.06-$20.50). The weighted average prices were $20.5329, $20.1592, and $20.3816 respectively.