Charitable entity tied to ReposiTrak (TRAK) CEO sells 7,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ReposiTrak, Inc. director and chief executive officer Randall K. Fields reported indirect sales of company common stock through an affiliated charitable entity. RK Fields Charitable 2022, LLC sold 7,500 shares in open-market transactions, consisting of 5,300 shares on February 25, 2026 at a weighted average price of $8.3369 per share and 2,200 shares on February 24, 2026 at a weighted average price of $8.5026 per share. According to the disclosure, these sales occurred automatically under a pre-established Rule 10b5‑1 trading plan adopted by Fields in his capacity as trustee of a charitable remainder unitrust to help meet charitable commitments, and RK Fields Charitable 2022, LLC held 100,000 shares of ReposiTrak common stock after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares ($62,891)
Net Sell
8 txns
Insider
FIELDS RANDALL K
Role
CHIEF EXECUTIVE OFFICER
Sold
7,500 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,300 | $8.3369 | $44K |
| Sale | Common Stock | 2,200 | $8.5026 | $19K |
| 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 — 100,000 shares (Indirect, By RK Fields Charitable 2022, LLC);
Common Stock — 3,483,955 shares (Direct);
Series B Preferred Stock — 169,797 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 $8.385 to $8.58, 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) and (3) 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 $8.15 to $8.52, 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) and (3) to this Form 4.
FAQ
What insider transaction did ReposiTrak (TRAK) report for Randall K. Fields?
ReposiTrak reported that an entity associated with CEO Randall K. Fields, RK Fields Charitable 2022, LLC, sold 7,500 shares of common stock. The sales were indirect, executed under a Rule 10b5-1 trading plan to help satisfy charitable commitments.
What is the purpose of the Rule 10b5-1 trading plan mentioned for ReposiTrak (TRAK)?
The Rule 10b5-1 trading plan was established to allow automatic sales of ReposiTrak shares by the charitable entity. According to the disclosure, the plan was specifically designed to help Randall K. Fields meet certain charitable commitments over time.
What other ReposiTrak (TRAK) holdings are associated with Randall K. Fields?
The filing lists several positions: 3,483,955 common shares held directly, and additional indirect holdings through Riverview Financial Corp., a spouse, Fields Management, Inc., and entities holding Series B preferred stock, reflecting a broad mix of direct and indirect ownership interests.