Form 4: Rimini Street Executive Nancy Lyskawa Reports Stock Transactions

EVP & Chief Client Officer of Rimini Street, Nancy Lyskawa, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• Nancy Lyskawa, EVP & Chief Client Officer of Rimini Street, reported transactions involving the company's common stock on March 3, 2025.
• These transactions included the vesting of 6,667 restricted stock units (RSUs) and the sale of 2,474 shares to cover withholding tax obligations.
• The sale was automatically triggered under the issuer's policy for tax withholdings associated with RSU vesting events, and Lyskawa did not initiate the sale.
• The price per share for the sale was $3.4797.
• Following these transactions, Lyskawa directly owns 137,488 shares of Rimini Street common stock and 6,666 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock-based compensation and tax obligations, and does not indicate any significant positive or negative sentiment.

Future Outlook

The remaining one-third of the 20,000 Restricted Stock Units will vest on March 3, 2026, generally subject to the Reporting Person continuing to be a Service Provider through the vesting date.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation and tax obligations.

Key Dates