4Accepted Aug 20, 4:05 PM ET
RCM Technologies (RCMT) Division President Michael Saks Sells Shares
Accepted (ET)
4:05 PM
Aug 20, 2026
Filed
Aug 20, 2026
Documents
1
Size
6.7 KB
Summary
RCM Technologies (RCMT) Division President Michael Saks Sells Shares
What Happened
Michael Saks, Division President, HC Srvs. (Healthcare Services) at RCM Technologies, sold a total of 10,000 RCM common shares in open-market transactions on August 18, 2026. He disposed of 3,735 shares at an average price reported around $40.78 (proceeds ~$152,313) and 6,265 shares at an average price reported around $41.24 (proceeds ~$258,369), for combined gross proceeds of approximately $410,682. These were sales (S) rather than purchases.
Key Details
- Transaction dates: August 18, 2026; filing date: August 20, 2026 (appears timely within the typical 2-business-day window).
- Sale 1: 3,735 shares, weighted average price reported ~$40.78 (range $40.64–$40.94) — proceeds ~$152,313. (Footnote F1)
- Sale 2: 6,265 shares, weighted average price reported ~$41.24 (range $41.01–$41.89) — proceeds ~$258,369. (Footnote F2)
- Total sold: 10,000 shares for about $410,682.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnotes: each sale reports a weighted-average price covering a price range; the reporting person offers to provide the exact number of shares sold at each price upon request to the SEC, the company, or any shareholder.
- Transaction code: S = Sale (open market or private sale as reported).
Context
Sales by officers can be routine (diversification, tax needs, pre-established plans) and do not by themselves indicate company performance. This filing shows outright sales rather than option exercises or awards. No 10% owner, 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the provided details.