Reardon Robert 4

What Happened
Robert Reardon, a director of Rain Enhancement Technologies Holdco, Inc. (ticker: RAIN), was granted 80,000 shares of Class A common stock on June 5, 2026. The shares were granted for no cash consideration; the company’s closing price that day was $2.20, giving the award an implied market value of approximately $176,000. This was an equity grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-05 (Form 4 filed 2026-06-09; filing appears timely under the two-business-day rule)
• Grant size: 80,000 shares of Class A common stock
• Acquisition price: No cash consideration (N/A); closing price on grant date $2.20 → implied value ≈ $176,000
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Shares were granted for no cash consideration; closing price used for valuation was $2.20
• Transaction type: Award/Grant (A)

Context
Equity awards are compensation and do not necessarily signal buying or selling intent by the insider; they may be subject to vesting or other restrictions (vesting details not disclosed in this filing). For retail investors, grants increase insider shareholdings over time if vested, but don’t carry the same immediate market-signaling weight as an open-market purchase.