Form 4: ReposiTrak CEO Randall Fields Sells Shares to Meet Charitable Commitments

ReposiTrak's CEO, Randall K. Fields, sold 7,500 shares of common stock at an average price of $20.5581 to fulfill charitable commitments under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 24, 2025, Randall K. Fields, CEO of ReposiTrak, Inc., sold 7,500 shares of common stock.
• The sale was executed at a weighted average price of $20.5581 per share, with individual transactions ranging from $20.4313 to $20.73.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted by Fields in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust.
• The purpose of the trading plan is to enable Fields to meet his charitable commitments.
• Following the transaction, Fields directly owns 3,683,955 shares of common stock.
• Fields also has indirect ownership through various entities, including RK Fields Charitable 2022, LLC (259,500 shares), Riverview Financial Corp. (615,260 shares of common stock and 531,432 shares of Series B Preferred Stock), his spouse (30,667 shares of common stock and 12,322 shares of Series B Preferred Stock), and Fields Management, Inc. (333,643 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a planned stock sale. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine Form 4 filing related to insider trading activity. The sale was conducted under a pre-arranged trading plan, which is a common practice for corporate executives to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but the pre-arranged nature of the sale mitigates potential concerns.

Key Dates

Keywords

ReposiTrak, Randall K. Fields, Form 4, share sale, Rule 10b5-1, charitable commitments, insider trading, beneficial ownership