Trade Summary
4 days ago, Perica Michael L., serving as EVP, CFO at Rimini Street, Inc. (RMNI), sold 51,246 shares at $4.00 per share, for a total transaction value of $204,984.00. Following this transaction, Perica Michael L. now holds 116,505 shares of RMNI.
This sale represents a 31.00% 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, May 1, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 4, 2026, 3 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.
Discussion