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 April 7th and 8th, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Randall K. Fields, CEO of ReposiTrak, Inc., filed a Form 4 disclosing changes in beneficial ownership.
• On April 7, 2025, Fields sold 4,000 shares of common stock at a weighted average price of $18.217 per share.
• On April 8, 2025, he sold an additional 3,500 shares at a weighted average price of $18.3233 per share.
• These sales were executed under a Rule 10b5-1 trading plan adopted by Fields in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust.
• The trading plan was established to meet some of his charitable commitments.
• Following these transactions, Fields directly owns 3,683,955 shares of common stock.
• He also indirectly owns shares through various entities, including RK Fields Charitable 2022, LLC (244,500 shares), Riverview Financial Corp. (615,260 common stock shares and 531,432 Series B Preferred Stock shares), his spouse (30,667 common stock shares and 12,322 Series B Preferred Stock shares), and Fields Management, Inc. (333,643 shares).

Sentiment

Score: 5

Explanation: The document is neutral as it simply reports stock sales under a pre-existing plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Positives

• The sales were conducted under a pre-existing 10b5-1 trading plan, which is generally viewed as a transparent and orderly way to sell shares.

Risks

• While the sales are under a 10b5-1 plan, continued sales by the CEO could create negative market sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Executive stock sales are a common occurrence, and the use of a 10b5-1 plan suggests a planned and orderly approach to these transactions. Investors often monitor these filings for insights into management's perspective on the company's value.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

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