FAN XIANZHI SEAN 4
Research Summary
AI-generated summary
Rambus (RMBS) EVP/COO Sean Fan Sells 37,914 Shares
What Happened
- Sean Fan (listed as FAN XIANZHI SEAN), EVP and COO of Rambus Inc. (RMBS), sold a total of 37,914 shares on May 26, 2026. The bulk sale was 37,814 shares reported at a weighted average price of $151.69 (proceeds ~$5,735,991) and a separate sale of 100 shares at $152.35 (proceeds $15,235). Total proceeds reported: approximately $5,751,226. These transactions are sales (dispositions), not purchases.
Key Details
- Transaction date: 2026-05-26
- Shares sold: 37,814 shares @ weighted avg $151.69 (range $151.27–$152.18 per footnote); plus 100 shares @ $152.35
- Total proceeds: ~$5,751,226
- Filing: Form 4 filed May 26, 2026 (same-day filing shown), so appears timely
- Post-transaction holdings: not specified in the provided filing details
- Footnotes: F1 notes the $151.69 is a weighted average covering multiple trades priced $151.27–$152.18; F2 notes the 100-share sale was at an exact $152.35
- Transaction code: S = Sale
Context
- These are open-market sales (routine dispositions); the filing does not state a 10b5-1 plan or other reason. Sales are informational but do not by themselves indicate company performance or insider sentiment. Purchases generally provide stronger signals of insider conviction; none occurred here.