FIELDS RANDALL K 4
Research Summary
AI-generated summary
ReposiTrak CEO Randall K. Fields Sells 7,500 Shares
What Happened
- Randall K. Fields, CEO of ReposiTrak, sold 7,500 shares on 2026-03-23 in an open-market/private sale. The reported weighted-average price was $8.06 per share, for total proceeds of $60,447. This was a sale (not a purchase).
Key Details
- Transaction date: 2026-03-23
- Transaction type/code: Sale (S) — open market/private sale per Form 4
- Price: weighted average $8.06; individual trades ranged from $8.00 to $8.17 (see footnote)
- Total proceeds: $60,447
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnotes: Sale executed 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 satisfy charitable commitments. The filer can provide a breakdown of shares sold at each price within the reported range upon request.
- Filing timeliness: Reported on 2026-03-23 (same date as the transaction), indicating a timely Form 4 filing in the provided data.
Context
- Sales made under pre-established 10b5-1 plans are commonly used to meet tax or charitable obligations and are often treated as routine rather than a direct signal of the insider’s view on the company. This filing reflects a disposition tied to a charitable unitrust rather than an ad hoc decision to sell.