Higashi Emiko 4
Research Summary
AI-generated summary
Rambus (RMBS) Director Emiko Higashi Sells 5,000 Shares
What Happened
Emiko Higashi, a director of Rambus Inc. (RMBS), sold 5,000 shares on May 26, 2026. The filing reports a per-share execution price of $157.5701 (footnote F1) for total proceeds reported as ~$787,851. This was a sale (S) reported on a Form 4 and does not represent a purchase signal.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-27 (Accession: 0001193125-26-242350).
- Price: $157.5701 per share (footnote F1); proceeds reported as $787,851.
- Shares sold: 5,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction code: S (sale) — reported as "open market or private sale" on the Form 4.
- Filing timeliness: Filed the next day (timely under the Form 4 requirement of within two business days).
Context
Sales by directors can be routine (e.g., diversification, tax planning, or other personal reasons) and do not by themselves indicate company performance. Purchases tend to carry more weight for investors looking for insider conviction; this record is a routine disposal as reported by the insider.