4Filed Aug 19, 8:00 PM ET

Rain Enhancement (RAIN) CEO Randy Seidl Buys 110,000 Shares

$RAIN · Rain Enhancement Technologies Holdco, Inc.

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Rain Enhancement (RAIN) CEO Randy Seidl Buys 110,000 Shares

What Happened
Randy Seidl, CEO of Rain Enhancement Technologies Holdco, Inc. (RAIN), purchased 110,000 shares on August 19, 2026. The Form 4 reports a weighted-average price of $0.95 per share and a total reported purchase value of $104,225. The filing classifies the transaction as a purchase (code P), indicating an acquisition rather than a sale.

Key Details

  • Transaction date: 2026-08-19; Filing date: 2026-08-20 (filed the next day, which appears timely under Form 4 rules).
  • Reported price/value: weighted-average price $0.95; total reported consideration $104,225. Footnote F1 notes the price is a weighted average from multiple transactions.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnote highlights: F1 (weighted-average price / multiple trades), F2 (reporting person will provide breakdown of shares sold at each price upon request), F3 (separate restricted stock award of 602,320 Class A shares — 50% vested Jan 1, 2026; remaining 50% vests Jan 1, 2027, subject to continued service).
  • Transaction type: Purchase (P) — an acquisition, which investors typically regard as a more informative sign than routine selling.

Context: This purchase is a direct insider buy reported on a Form 4 and is distinct from the restricted stock award noted in the filing (F3). The filing’s footnotes say the reported price is a weighted average across multiple trades and that the filer will provide a detailed breakdown on request (F2). As always, purchases by executives are factual data points; they do not by themselves prove future performance.