FIELDS RANDALL K 4

What Happened
Randall K. Fields, CEO of ReposiTrak, sold 7,500 shares on January 26, 2026, generating proceeds of $83,057. The filing reports a weighted average sale price of $11.07 per share (individual trade prices ranged from $11.00 to $11.15). This was a sale (S) — sales are often routine and do not necessarily signal a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-01-26; Form 4 filed 2026-01-27 (timely filing).
• Shares sold: 7,500; weighted average price: $11.07; total proceeds: $83,057.
• Price range: $11.00 to $11.15; the filer will provide a per-price breakdown upon request (footnote).
• Footnote: Sale executed automatically under a Rule 10b5-1 trading plan adopted by the reporting person in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust (managing member of RK Fields Charitable 2022, LLC) to meet charitable commitments.
• Shares owned after the transaction: not specified in the provided filing.

Context
The sale was made under a pre-established Rule 10b5-1 plan, meaning transactions were automated per the plan’s terms and structured to satisfy charitable obligations — such plan-based sales are typically routine. For retail investors, purchases often carry more informational weight than routine insider sales; this filing alone does not indicate a change in management’s outlook.