Rambus (RMBS) Director Charles Kissner Sells 5,000 Shares

What Happened

• Charles Kissner, a director of Rambus Inc. (RMBS), sold 5,000 shares on 2026-09-22 at $105.00 per share, generating $525,000 in proceeds. The filing reports this as a sale (code S).

Key Details

• Transaction date and price: 2026-09-22, $105.00 per share (all shares sold at exact $105.00).
• Number of shares sold and value: 5,000 shares; proceeds $525,000.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • Sale was executed under a Rule 10b5-1 trading plan adopted May 8, 2026 (prearranged plan).
  • Shares sold were held directly by Kissner and Associates LLC, for which Charles Kissner is the owner.
• Filing timeliness: Transaction reported on Form 4 filed 2026-09-24 for a 2026-09-22 trade — appears to have been filed within the typical two-business-day window.

Context

• Trades under a Rule 10b5-1 plan are pre-scheduled and often routine; they do not necessarily reflect the insider’s current view of the company. Ownership via an LLC indicates the shares were beneficially owned through an entity controlled by Kissner. Sales are generally less informative than purchases for predicting insider sentiment.