Rao Meera 4

What Happened

• Meera Rao, a director of Rambus Inc. (RMBS), sold 2,972 shares on April 24, 2026. The shares were sold at $150.30 per share for a total proceeds of $446,692. The Form 4 lists the transaction as an open-market or private sale.

Key Details

• Transaction date and price: 2026-04-24; all shares sold at $150.30 (footnote F2).
• Total proceeds: $446,692 (2,972 × $150.30).
• Plan/footnote: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted November 14, 2025 (footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date/timeliness: Form 4 filed April 27, 2026 (filed the next business day after the transaction), which is within the standard two-business-day filing window.

Context

• This was a sale, not a purchase. Because it was executed under a pre-established 10b5-1 plan, the transaction was likely preplanned and does not, by itself, indicate a change in insider sentiment. Retail investors typically view purchases as stronger signals than routine sales.