Hershkowitz Steven 4

4 · Rimini Street, Inc. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Rimini Street (RMNI) EVP Steven Hershkowitz Receives Award

What Happened

Steven Hershkowitz, EVP & Chief Revenue Officer of Rimini Street, received 16,896 Performance Units on February 19, 2026, recorded as a derivative award with an acquisition price of $0.00 (total value shown $0 on Form 4). The award is reported as "Earned Performance Units" under the company's 2025 Long-Term Incentive Plan based on achievement of 2025 Adjusted EBITDA and Total Revenue goals.

Key Details

Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely filing).
Award type: Performance Units (derivative), reported at $0.00 per unit.
Quantity: 16,896 Performance Units.
Vesting: Subject to additional time-based vesting — vest in three equal installments on March 4, 2026; March 4, 2027; and March 4, 2028, generally conditioned on continued service.
Conversion: Each Performance Unit represents the contingent right to receive one share of common stock upon vesting.
Shares owned after transaction: not specified in this filing.
Reason earned: Units became effective upon the company’s FY2025 results and filing of its 10‑K (per filing footnotes).

Context

This was a performance-based grant (an award), not a market purchase or sale. Such awards reflect compensation tied to company performance and future service conditions; they do not directly indicate insider buying or selling sentiment. The units only convert to actual shares if and when the vesting conditions are met.

Form 4

Period: 2026-02-19

EVP & Chief Revenue Officer

Transactions

Award
Performance Units
[F1][F2][F3]
2026-02-19+16,896→ 16,896 total
→ Common Stock (16,896 underlying)

Holdings

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.

Signature

/s/ Celeste Rasmussen Peiffer, as Attorney-in-Fact|2026-02-20

1 file