Rain Enhancement (NASDAQ: RAIN) director awarded 80,000 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reardon Robert reported acquisition or exercise transactions in this Form 4 filing.
Rain Enhancement Technologies Holdco, Inc. director Robert Reardon received a grant of 80,000 shares of Class A Common Stock. The shares were awarded for no cash consideration and represent his full reported direct holding after the transaction. The company’s stock closed at $2.20 on the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reardon Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 80,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 80,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 80,000 shares
Grant price paid: $0.00 per share
Closing stock price: $2.20 per share
+1 more
4 metrics
Shares granted
80,000 shares
Class A Common Stock grant to director on June 5, 2026
Grant price paid
$0.00 per share
Shares granted for no cash consideration
Closing stock price
$2.20 per share
Closing price on the grant date
Shares held after grant
80,000 shares
Total direct holdings following the reported transaction
Key Terms
Class A Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Class A Common Stock financial
"The shares of Class A Common stock were granted for no cash consideration."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RAIN director Robert Reardon report on this Form 4?
Director Robert Reardon reported receiving a grant of 80,000 shares of Class A Common Stock. The filing shows this as a non-cash award, classified as a “grant, award, or other acquisition” rather than an open-market purchase of Rain Enhancement Technologies Holdco, Inc. shares.
Does the Form 4 for RAIN show any stock sales or option exercises by Robert Reardon?
The Form 4 reports only an acquisition of shares via a grant and shows no stock sales or option exercises. Transaction summary data lists one acquisition transaction and zero sales, exercises, gifts, or tax-withholding dispositions for Robert Reardon in this particular filing.