Perica Michael L. 4

What Happened
Michael Perica, Chief Financial Officer of Rimini Street, reported a sale of 51,246 shares on May 1, 2026. The shares were disposed at $4.00 per share for a total proceeds of $204,984. This was a sale (not a purchase) and is commonly a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date and price: May 1, 2026 — 51,246 shares sold at $4.00 per share.
• Total value: $204,984.
• Filing date: Form 4 filed May 4, 2026 (filed within the standard 2-business-day window — timely).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale executed automatically under a Rule 10b5-1 trading plan adopted by Mr. Perica on June 2, 2025.

Context
A Rule 10b5-1 plan allows scheduled, pre-arranged trades and can mean the sale was automatic and planned in advance; such trades often do not reflect the insider’s current view of the company. Sales reduce insider shareholdings but, on their own, do not indicate company performance; retail investors should consider other filings and company fundamentals when evaluating significance.