FIELDS RANDALL K 4
4 · ReposiTrak, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
ReposiTrak (TRAK) CEO Randall K. Fields Sells 7,500 Shares
What Happened
Randall K. Fields, CEO of ReposiTrak, sold a total of 7,500 shares of TRAK in two open-market transactions: 2,200 shares on 2026-02-24 (weighted avg price reported $8.50, proceeds $18,706) and 5,300 shares on 2026-02-25 (weighted avg price reported $8.34, proceeds $44,186). Total reported proceeds across both sales were $62,892. These were sales (not purchases), which are often routine dispositions rather than a directional endorsement of the stock.
Key Details
- Transaction dates and reported amounts:
- 2026-02-24: 2,200 shares, weighted avg price $8.50, proceeds $18,706. (Footnote F2: sales executed in multiple trades at prices ranging $8.385–$8.58.)
- 2026-02-25: 5,300 shares, weighted avg price $8.34, proceeds $44,186. (Footnote F3: sales executed in multiple trades at prices ranging $8.15–$8.52.)
- Total shares sold: 7,500; total reported proceeds: $62,892.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Notable footnote (F1): The sales occurred pursuant to a pre-established Rule 10b5-1 trading plan, adopted by Fields in his capacity as Trustee of a charitable remainder unitrust to meet charitable commitments.
- Filing/timeliness: Form filed 2026-02-26. No late-filing flag was provided in the information you supplied.
Context
Sales executed under a Rule 10b5-1 plan are pre-arranged and scheduled in advance; they are commonly used to satisfy financial or charitable obligations and do not necessarily indicate new insider views on the company’s prospects. For retail investors, purchases by insiders typically carry more emphasis as potential bullish signals; routine sales—especially under a 10b5-1 plan—are common and often administrative.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-24$8.50/sh−2,200$18,706→ 105,300 total(indirect: By LLC) - Sale
Common Stock
[F1][F3]2026-02-25$8.34/sh−5,300$44,186→ 100,000 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 $8.385 to $8.58, 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]The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $8.15 to $8.52, 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.