RAIN CEO Randy Seidl Buys 110,000 Shares

What Happened

• Randy Seidl, CEO of Rain Enhancement Technologies Holdco, Inc. (RAIN), acquired 110,000 shares in an open-market purchase on 2026-08-19. The filing reports a weighted-average price of $0.95 per share (total reported consideration $104,225). This transaction is a purchase (insider acquisition), which many investors view as a sign of insider buying interest.

Key Details

• Transaction date: 2026-08-19 (reported on amended Form 4 filed 2026-08-21)
• Transaction type/code: P = Purchase (open market/private purchase)
• Price: reported column price $0.95 (weighted average; see footnote); total reported consideration $104,225
• Shares owned after transaction: not specified in the provided summary of the filing
• Footnotes of note:
  • F1: Column 4 price is a weighted average.
  • F2: Reporting person will provide a breakdown of shares purchased at each separate price upon request.
  • F3: Mr. Seidl also holds a restricted stock award for 602,320 Class A shares (50% vested Jan 1, 2026; remaining 50% vests Jan 1, 2027, subject to continued service).
• Filing status: Amended Form 4 (the filing amends a prior report); filing date is within the typical 2-business-day window after the transaction.

Context

• This was a straightforward purchase (no option exercise, gift, or immediate sale reported). The weighted-average price footnote and the F2 disclosure indicate the purchase may have occurred at multiple prices within the reported range; the filer will provide detailed breakdowns on request. The separate restricted stock award (F3) reflects additional previously granted compensation subject to vesting, not part of this open-market purchase.