FIELDS RANDALL K 4
Research Summary
AI-generated summary
ReposiTrak (TRAK) CEO Randall K. Fields Sells Shares
What Happened
Randall K. Fields, CEO of ReposiTrak, sold a total of 7,500 common shares in two open‑market transactions: 3,000 shares on 2026-02-02 at a weighted average price of $10.48 (≈ $31,426) and 4,500 shares on 2026-02-04 at a weighted average price of $10.62 (≈ $47,788). These were sales (not purchases) and generated roughly $79,214 in proceeds.
Key Details
- Transaction dates & prices:
- 2026-02-02: 3,000 shares sold, weighted avg $10.48 (prices in range $10.40–$10.50). (Footnote F2)
- 2026-02-04: 4,500 shares sold, weighted avg $10.62 (prices in range $10.50–$10.70). (Footnote F3)
- Total shares sold: 7,500; approximate total proceeds: $79,214.
- Footnote F1: Sales were conducted automatically under a Rule 10b5‑1 trading plan adopted by Mr. Fields in his capacity as trustee of a charitable remainder unitrust to meet charitable commitments.
- Shares owned after the transactions: not specified in the excerpt—see the SEC Form 4 for current beneficial ownership.
- Filing: Form 4 was filed 2026-02-10 for transactions on Feb 2 and Feb 4. This filing date is after the typical two business‑day window for insiders; check the SEC filing for any explanations.
Context
Sales executed under a Rule 10b5‑1 plan are pre‑arranged and often reflect planned or routine dispositions (here to satisfy charitable commitments) rather than a spontaneous view on the company’s prospects. For retail investors, purchases generally carry more weight as signals; routine or plan‑based sales are usually not a clear indicator of insider sentiment. Review the full Form 4 on the SEC EDGAR site for complete holdings, timing details, and any additional disclosures.