Lyskawa Nancy 4
4 · Rimini Street, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Rimini Street (RMNI) EVP Nancy Lyskawa Receives Award
What Happened
Nancy Lyskawa, EVP & Chief Client Officer of Rimini Street (RMNI), was awarded 16,896 Performance Units on February 19, 2026. The grant is reported as a derivative award with an acquisition price of $0.00; each Performance Unit represents a contingent right to receive one share of common stock upon vesting. These were reported as "Earned Performance Units" based on Rimini Street's achievement of fiscal 2025 Adjusted EBITDA and Total Revenue targets.
Key Details
- Transaction date: 2026-02-19; filing date: 2026-02-20. Report appears timely.
- Grant: 16,896 Performance Units, $0.00 per unit (derivative award).
- Vesting terms: Units are subject to additional time-based vesting and will vest in three equal installments on March 4, 2026, March 4, 2027 and March 4, 2028, generally contingent on continued service.
- Footnotes: F1 = each unit converts to one share upon vesting; F2 = award represents Earned Performance Units under the 2025 LTIP tied to 2025 performance goals; F3 = additional time-based vesting schedule as noted above.
- Shares owned after the transaction: not disclosed in the provided filing extract.
Context
This is a performance-based equity award, not an open-market purchase or sale. Such awards are common executive compensation—they only become company stock if performance goals are met and the time-based vesting conditions are satisfied, so they do not immediately change the public float or represent an insider buying shares.
Insider Transaction Report
- Award
Performance Units
[F1][F2][F3]2026-02-19+16,896→ 16,896 total→ Common Stock (16,896 underlying)
- 184,015
Common Stock
Footnotes (3)
- [F1]Each Performance Unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]Represents "Earned Performance Units" under the terms of the Issuer's 2025 Long-Term Incentive Plan based upon the Issuer's achievement against a target "Adjusted EBITDA" performance goal for fiscal year 2025 and the Issuer's achievement against a target "Total Revenue" performance goal for fiscal year 2025, effective as of February 19, 2026 (the date the Issuer filed its Annual Report on Form 10-K for the year ended December 31, 2025).
- [F3]The Performance Units are subject to additional time-based vesting requirements and will vest in three (3) equal installments on March 4, 2026, March 4, 2027 and March 4, 2028, generally subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2013 Equity Incentive Plan) through the applicable vesting date.