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 $20.1551 to fulfill charitable commitments under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 31, 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 $20.1551 per share, with individual transactions ranging from $20.00 to $20.30.
• 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 (252,000 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: Neutral sentiment as the filing simply reports a pre-planned share sale by the CEO for charitable purposes. It doesn't indicate any fundamental change in the company's prospects.

Industry Context

This is a routine disclosure of insider trading activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on current market conditions or inside information.

Key Dates

Keywords

ReposiTrak, Randall K. Fields, Form 4, Share Sale, Rule 10b5-1, Beneficial Ownership, TRAK, CEO, Charitable Commitments