Trade Summary
1 week ago, Perica Michael L., serving as EVP, CFO at Rimini Street, Inc. (RMNI), sold 28,330 shares at $3.35 per share, for a total transaction value of $94,903.00. Following this transaction, Perica Michael L. now holds 167,751 shares of RMNI.
This sale represents a 14.00% decrease in Perica Michael L.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, April 3, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, April 9, 2026, 6 days after the trade was made.
Rimini Street, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.