Form 4: Rambus CEO Luc Seraphin Sells 10,000 Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Rambus CEO Luc Seraphin sold 10,000 shares of common stock at an average price of $58.6406, executed under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Rambus CEO Luc Seraphin sold 10,000 shares of common stock on March 25, 2025.
- The sale was executed under a Rule 10b5-1 trading plan adopted on December 13, 2024.
- The shares were sold at a weighted average price of $58.6406.
- The price range for individual transactions was between $57.885 and $59.10.
- Following the transaction, Seraphin directly owns 306,931 shares of Rambus common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific inside information.
Key Dates
| Date | Description |
|---|---|
| 2024-12-13 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-03-25 | Date of stock sale transaction. |
| 2025-03-26 | Date of signature on the Form 4 filing. |
Keywords
Rambus, RMBS, Luc Seraphin, CEO, stock sale, Form 4, Rule 10b5-1, insider trading
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