FIELDS RANDALL K 4
4 · ReposiTrak, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
ReposiTrak (TRAK) CEO Randall K. Fields Sells Shares
What Happened
Randall K. Fields, CEO of ReposiTrak, sold a total of 7,500 shares in two open-market transactions: 4,500 shares on 2026-02-19 at a weighted average price of $9.07 for proceeds of $40,793, and 3,000 shares on 2026-02-20 at a weighted average price of $8.82 for proceeds of $26,471. These were sales (not purchases) and therefore represent dispositions of existing holdings.
Key Details
- Transaction dates and amounts:
- 2026-02-19: Sale of 4,500 shares; weighted average price reported $9.07; proceeds $40,793. (Prices ranged $9.00–$9.15 per footnote.)
- 2026-02-20: Sale of 3,000 shares; weighted average price reported $8.82; proceeds $26,471. (Prices ranged $8.705–$9.02 per footnote.)
- Total shares sold: 7,500; total proceeds ≈ $67,264.
- Shares owned after the transactions: not specified in the information provided.
- Notable footnotes:
- Sales occurred automatically under a Rule 10b5-1 trading plan adopted by Fields in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust to meet charitable commitments.
- Reported prices are weighted averages; the filing includes undertakings to provide breakdowns of shares sold at individual prices upon request.
- Timeliness: Form filed 2026-02-20; the filing does not indicate a late report.
Context
These were routine sales executed under a pre-established 10b5-1 plan (used to authorize transactions in advance), which the filer says was set up to satisfy charitable commitments. Sales under such plans are generally treated differently from discretionary trades but are still material for investors tracking insider activity.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-19$9.07/sh−4,500$40,793→ 110,500 total(indirect: By LLC) - Sale
Common Stock
[F1][F3]2026-02-20$8.82/sh−3,000$26,471→ 107,500 total(indirect: By LLC)
- 3,483,955
Common Stock
- 615,260(indirect: By Riverview Financial Corp.)
Common Stock
- 30,667(indirect: By Spouse)
Common Stock
- 333,643(indirect: By Fields Management, Inc.)
Common Stock
- 169,797(indirect: By Riverview Financial Corp)
Series B Preferred Stock
- 3,704(indirect: By Spouse)
Series B Preferred Stock
Footnotes (3)
- [F1]The reported sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust, the managing member of RK Fields Charitable 2022, LLC. The Trading Plan was established to enable the Reporting Person to meet some of his charitable commitments.
- [F2]The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $9.00 to $9.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3](2) The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $8.705 to $9.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.