Saks Michael 4
4 · RCM TECHNOLOGIES, INC. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
RCM Technologies (RCMT) Division President Michael Saks Sells Shares
What Happened
Michael Saks, Division President, Healthcare Services at RCM Technologies (RCMT), reported selling a total of 5,000 shares in two transactions: 136 shares on 2026-04-15 and 4,864 shares on 2026-04-16. Both sales were at $30.00 per share, generating aggregate proceeds of $150,000. These were sales (S), not purchases.
Key Details
- Transaction dates and amounts:
- 2026-04-15: 136 shares sold @ $30.00 — $4,080
- 2026-04-16: 4,864 shares sold @ $30.00 — $145,920
- Total shares sold: 5,000; total proceeds: $150,000.
- Footnotes:
- F1: Reporting person has purchased 267 shares under the issuer's Employee Stock Purchase Plan since the most recent Section 16 filing.
- F2: The 4,864-share sale represents a nondiscretionary sale under a plan established by the reporting person on Dec 6, 2024 intended to comply with Rule 10b5-1.
- Shares owned after transaction: Not provided in the excerpt of the filing.
- Filing: Form 4 filed 2026-04-17 reporting transactions on 2026-04-15 and 2026-04-16 (appears to be filed within the typical reporting window).
Context
These were outright sales (not option exercises or gifts). The larger sale on 4/16 was executed under a pre-established, nondiscretionary 10b5-1 plan—meaning the timing was determined by the plan, not an immediate discretionary decision. Purchases via the ESPP (F1) are separate and indicate small additional share acquisition since the last filing.
Insider Transaction Report
- Sale
Common Stock
[F2][F1]2026-04-15$30.00/sh−136$4,080→ 109,678 total - Sale
Common Stock
[F2]2026-04-16$30.00/sh−4,864$145,920→ 104,814 total
Footnotes (2)
- [F1]Includes 267 shares purchased pursuant to the Issuer's Employee Stock Purchase Plan since the reporting person's most recent filing under Section 16.
- [F2]Represents a nondiscretionary sale by a plan established by the Reporting Person on December 6, 2024 in a manner intended to satisfy the requirements of Rule 10b5-1.