Shinn John 4
Research Summary
AI-generated summary
Rambus (RMBS) SVP & General Counsel John Shinn Sells 4,556 Shares
What Happened
John Shinn, Senior Vice President and General Counsel of Rambus (RMBS), sold a total of 4,556 shares in two open-market transactions on March 10, 2026. He sold 4,356 shares at a weighted average price of $88.64 for proceeds of $386,099, and 200 shares at a weighted average price of $89.55 for proceeds of $17,909 — total proceeds approximately $404,008. These were sales (not purchases), which are often routine dispositions by insiders.
Key Details
- Transaction date: 2026-03-10 (two separate sales reported).
- Shares sold: 4,356 @ $88.64 (proceeds $386,099); 200 @ $89.55 (proceeds $17,909); total 4,556 shares, ≈ $404,008.
- Price ranges reported: first block sold across $88.36–$89.16 (F2); second block across $89.44–$89.65 (F3). Reported prices are weighted averages; per-price breakdown available on request.
- Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted Dec 2, 2025 (F1).
- Shares owned after the transaction: not specified in the provided filing details.
- Filing timeliness: no late filing indicated in the provided information.
- Transaction code: S = Sale.
Context
Sales under an established 10b5-1 plan are prearranged and common for insiders managing diversification or liquidity; they do not necessarily signal a change in view about the company. For retail investors, purchases are generally more indicative of bullish insider sentiment than routine sales; this filing documents a preplanned sale rather than an opportunistic market-timed trade.