DICKERSON LYMAN B 4

What Happened
Lyman B. Dickerson, a director of Rain Enhancement Technologies Holdco, Inc. (RAIN), was granted 80,000 shares of Class A common stock on June 5, 2026. The award was issued for no cash consideration; using the reported closing price of $2.20 that day, the grant’s estimated market value was about $176,000. This was an award/grant (compensation), not a purchase or sale.

Key Details

• Transaction date: 2026-06-05 (reported on Form 4 filed 2026-06-09).
• Transaction type: Award/Grant (code A).
• Shares granted: 80,000 shares of Class A common stock.
• Consideration: No cash paid (per footnote).
• Estimated value at grant: 80,000 × $2.20 ≈ $176,000 (based on closing price cited in filing).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form 4 filed on 2026-06-09 — appears to be filed after the 2-business-day deadline (transaction on 6/5; filing on 6/9), i.e., likely one business day late.
• Footnote: F1 confirms shares were granted for no cash consideration and that the closing price on the grant date was $2.20.

Context
Grants to directors are commonly part of compensation packages and do not necessarily indicate the insider’s view on the company’s near-term stock performance. Awards are informational for shareholders but differ from open-market purchases (which are often seen as a stronger bullish signal) or sales (which may be routine or for liquidity).