Murray Robin P. 4
4 · Rimini Street, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Rimini Street (RMNI) Director Robin Murray Exercises RSUs
What Happened
Robin P. Murray, a Rimini Street (RMNI) director (listed as a 10% owner), reported the vesting/conversion of 55,727 restricted stock units (RSUs) on June 2, 2026 (transaction coded M) — recorded as an acquisition at $0.00 and a simultaneous disposition of 55,727 shares at $0.00. On June 3, 2026 he was granted/awarded 44,117 RSUs (transaction coded A) at $0.00. The $0.00 price reflects issuance/vesting of RSUs rather than an open‑market purchase.
Key Details
- Transaction dates: June 2, 2026 (55,727 RSUs vested/converted and disposed); June 3, 2026 (44,117 RSUs granted). Form filed June 4, 2026.
- Prices recorded: $0.00 for all reported acquisitions/dispositions (typical for RSU vesting/issuance).
- Transaction codes: M = conversion/exercise of derivative (vested RSUs); A = grant/award (new RSUs).
- Footnotes: F11 notes each RSU converts to one share on vesting; F12 confirms the 55,727 RSUs were awarded June 4, 2025 and 100% vested June 2, 2026; F13 describes vesting schedule for the new 44,117 RSUs (earlier of June 3, 2027 or day before 2027 annual meeting, contingent on continued board service). F10 explains the shares were issued to Mr. Murray but are deemed held for the benefit of certain Adams Street funds.
- Shares owned after transaction: not specified in the provided excerpt.
- Timeliness: filing (6/4/2026) appears timely relative to the June 2–3 transactions (no late filing indicated).
Context
These entries reflect RSU vesting/conversion and a contemporaneous award rather than an open‑market buy or sale. The simultaneous acquisition and disposition of the 55,727 shares at $0.00, together with footnote F10, indicates the shares were issued to Mr. Murray but are associated with Adams Street funds (he is a partner in Adams Street Partners, LLC). New RSUs awarded on June 3, 2026 vest subject to continued service through the stated vesting date. This type of derivative/RSU activity is administrative and distinct from a cash sale or market purchase.
Insider Transaction Report
Form 4
Murray Robin P.
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
[F10]2026-06-02+55,727→ 328,721 total - Exercise/Conversion
Restricted Stock Units
[F11][F12]2026-06-02−55,727→ 0 total→ Common Stock (55,727 underlying) - Award
Restricted Stock Units
[F11][F13]2026-06-03+44,117→ 44,117 total→ Common Stock (44,117 underlying)
Holdings
- 4,320,786(indirect: See Footnote)
Common Stock
[F1] - 4,870,262(indirect: See Footnote)
Common Stock
[F2] - 4,267,067(indirect: See Footnote)
Common Stock
[F3] - 1,313,301(indirect: See Footnote)
Common Stock
[F4] - 1,786,318(indirect: See Footnote)
Common Stock
[F5] - 1,371,200(indirect: See Footnote)
Common Stock
[F6] - 1,353,906(indirect: See Footnote)
Common Stock
[F7] - 3,982,079(indirect: See Footnote)
Common Stock
[F8] - 300,514(indirect: See Footnote)
Common Stock
[F9]
Footnotes (13)
- [F1]Represents shares held directly by Adams Street 2007 Direct Fund, L.P. ("AS 2007"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2007, may be deemed to beneficially own the shares held by AS 2007. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2007. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2007 except to the extent of their pecuniary interest therein.
- [F10]The shares of common stock were issued to the Reporting Person, Robin Murray, a director of the Issuer who is a partner of Adams Street Partners, LLC. Adams Street Partners, LLC is the managing member of the general partner of AS 2007, AS 2008, and AS 2009, the managing member of the general partner of the general partner of each of AS 2013, AS 2014, AS 2015, AS 2016 and AS VGVI (collectively, the "Funds") and the manager of ASRA. By agreement with the Funds, Mr. Murray is deemed to hold the shares of common stock for the benefit of the Funds. The shares of common stock may be deemed to be indirectly beneficially owned by Adams Street Partners, LLC. Messrs. Bluestein, Bremmer, Brett, Cliff, Dudley, Jeevarathnam, Kessel, Morrison, Murray, Taylor, Wallwork, Wang and Waslin, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), disclaim beneficial ownership of the shares of common stock except to the extent of their pecuniary interest therein.
- [F11]Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F12]On June 4, 2025, the Reporting Person was awarded 55,727 Restricted Stock Units, 100% of which vested on June 2, 2026, or the day before the date of the Issuer's 2026 Annual Meeting of Stockholders.
- [F13]100% of the Restricted Stock Units awarded will vest on the earlier to occur of (i) June 3, 2027 or (ii) the day before the date of the Issuer's 2027 Annual Meeting of Stockholders, contingent upon the Reporting Person's continued service as a member of the Issuer's Board of Directors through such date.
- [F2]Represents shares held directly by Adams Street 2008 Direct Fund, L.P. ("AS 2008"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2008, may be deemed to beneficially own the shares held by AS 2008. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2008. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2008 except to the extent of their pecuniary interest therein.
- [F3]Represents shares held directly by Adams Street 2009 Direct Fund, L.P. ("AS 2009"). Adams Street Partners, LLC, as the managing member of the general partner of AS 2009, may be deemed to beneficially own the shares held by AS 2009. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2009. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2009 except to the extent of their pecuniary interest therein.
- [F4]Represents shares held directly by Adams Street 2013 Direct Fund LP ("AS 2013"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2013, may be deemed to beneficially own the shares held by AS 2013. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2013. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2013 except to the extent of their pecuniary interest therein.
- [F5]Represents shares held directly by Adams Street 2014 Direct Fund LP ("AS 2014"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2014, may be deemed to beneficially own the shares held by AS 2014. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2014. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2014 except to the extent of their pecuniary interest therein.
- [F6]Represents shares held directly by Adams Street 2015 Direct Venture/Growth Fund LP ("AS 2015"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2015, may be deemed to beneficially own the shares held by AS 2015. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2015. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2015 except to the extent of their pecuniary interest therein.
- [F7]Represents shares held directly by Adams Street 2016 Direct Venture/Growth Fund LP ("AS 2016"). Adams Street Partners, LLC, as the managing member of the general partner of the general partner of AS 2016, may be deemed to beneficially own the shares held by AS 2016. Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS 2016. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS 2016 except to the extent of their pecuniary interest therein.
- [F8]Represents shares held directly by Adams Street Venture/Growth Fund VI LP ("AS VGVI"). Adams Street Partners, LLC, as the managing member of the general partner Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by AS VGVI. Adams Street Partners, LLC and each of Stephen Bluestein, Thomas S. Bremmer, Ali Cliff, Brian Dudley, Brijesh Jeevarathnam, Ross Morrison, the Reporting Person and Fred Wang disclaim beneficial ownership of the shares held by AS VGVI except to the extent of their pecuniary interest therein.
- [F9]Represents shares held directly by Adams Street Rimini Aggregator LLC ("ASRA"). Adams Street Partners, LLC, as the manager of ASRA, may be deemed to beneficially own the shares held by ASRA. David Brett, Alex Kessel, Michael Taylor, Benjamin Wallwork and Craig D. Waslin, each of whom is a partner or principal of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the shares held by ASRA. Adams Street Partners, LLC and David Brett, Alex Kessel, Michael Taylor, Benjamin Wallwork and Craig D. Waslin disclaim beneficial ownership of the shares held by ASRA except to the extent of their pecuniary interest therein.
Signature
/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact|2026-06-04