MAHONEY TIMOTHY 4

What Happened

• Timothy Mahoney, a director of RYTHM, Inc. (RYM), sold a total of 5,000 shares in open-market transactions on June 11, 2026, generating aggregate proceeds of approximately $131,710. The individual sales reported were: 400 shares @ $24.88 ($9,952); 384 shares @ $25.95 ($9,965); 3,997 shares @ $26.47 ($105,784); 189 shares @ $27.35 ($5,169); and 30 shares @ $28.00 ($840). These were outright sales (code S), not purchases.

Key Details

• Transaction date: 2026-06-11 (filed on Form 4 2026-06-15).
• Total shares sold: 5,000; total proceeds: ~$131,710.
• Reported per-trade amounts and prices listed above; some reported prices are weighted averages:
  • Footnote 1: the 3,997-share sale at $26.47 was executed in multiple trades at prices between $26.00 and $26.93 (weighted avg reported).
  • Footnote 2: the 189-share sale at $27.35 was executed in multiple trades at prices between $27.00 and $27.87 (weighted avg reported).
  • The reporting person offered to provide a breakdown of the individual trade prices within the stated ranges upon request.
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, gift, or option-exercise language was disclosed in the supplied data.

Context

• These were open-market sales (dispositions). Sales by directors can be routine (liquidity, diversification, tax planning) and do not by themselves indicate company performance; purchases are generally more indicative of a direct bullish signal.
• Filing date (June 15) aligns with the Form 4 reporting period for a June 11 transaction (filed within the typical two-business-day window), so no late-filing flag was indicated in the supplied information.