FIELDS RANDALL K 4
Research Summary
AI-generated summary
ReposiTrak (TRAK) CEO Randall K. Fields Sells 3,500 Shares
What Happened
Randall K. Fields, CEO of ReposiTrak, sold 3,500 shares in an open-market disposition on March 9, 2026. The reported weighted-average sale price was $8.56 per share for aggregate proceeds of $29,964. The sale was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (appears timely).
- Price(s): weighted average $8.56; sales occurred at prices ranging $8.50–$8.67 (multiple transactions).
- Shares disposed: 3,500; proceeds: $29,964.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: (F1) Sale executed automatically under a 10b5-1 plan adopted by Fields 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. (F2) Weighted-average price reported; detailed per-price breakdown available on request to the issuer, shareholders, or SEC staff.
Context
This was a sale under a pre-set trading plan tied to charitable obligations; such 10b5-1 trades are typically routine and do not necessarily signal a change in the insider’s view of the company. No indication in the filing of option exercises, gifts, or late reporting beyond the dates shown.