Truong Oanh 4

What Happened
Interim CFO Truong Oanh was granted 50,000 shares of Rain Enhancement Technologies Holdco, Inc. Class A common stock on June 5, 2026. The grant was issued for no cash consideration; the company's closing price that day was $2.20, implying a notional value of about $110,000. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09 (filed within the standard two-business-day reporting window for a 6/5 trade).
• Shares granted: 50,000 Class A common shares; acquisition price: no cash paid (N/A).
• Implied value based on closing price ($2.20): ~ $110,000.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnote: grant was for no cash consideration; closing price cited as $2.20.

Context
Grants of shares are typically part of compensation or retention programs and do not necessarily signal the insider buying or selling stock on the open market. For retail investors, purchases by insiders may carry clearer sentiment signals than compensation-related grants; this filing documents compensation-related equity awarded to the interim CFO.