Form 4: ReposiTrak CEO Randall Fields Sells Shares Under 10b5-1 Trading Plan

ReposiTrak's CEO, Randall K. Fields, executed sales of common stock on February 3rd and 4th, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Randall K. Fields, CEO of ReposiTrak, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 3, 2025, Mr. Fields sold 2,500 shares of common stock at a weighted average price of $20.9001.
• On February 4, 2025, he sold an additional 5,000 shares at a weighted average price of $20.9891.
• These sales were executed under a Rule 10b5-1 trading plan adopted by Mr. Fields in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust.
• Following these transactions, Mr. Fields directly owns 3,683,955 shares of common stock.
• He also indirectly owns shares through various entities, including RK Fields Charitable 2022, LLC (312,000 shares), Riverview Financial Corp. (615,260 common shares and 531,432 Series B Preferred shares), his spouse (30,667 common shares and 12,322 Series B Preferred shares), and Fields Management, Inc. (333,643 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as it's a factual report of transactions.

Industry Context

Executive stock sales are a common occurrence and are often planned in advance to avoid accusations of insider trading. The use of a 10b5-1 trading plan provides a structured approach to these transactions.

Stakeholder Impact

• The stock sales could have a minor impact on shareholder sentiment, depending on how the market interprets the CEO's actions.
• The sales are intended to meet charitable commitments of the CEO.

Key Dates

Keywords

Form 4, ReposiTrak, Randall Fields, Beneficial Ownership, Stock Sale, Rule 10b5-1, TRAK