RCM Technologies (RCMT) chief sells 50,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RCM Technologies Executive Chairman & President Bradley Vizi sold 50,000 shares of common stock in open-market transactions at about $30.00 per share. The sales occurred on two dates and were executed under a nondiscretionary plan intended to satisfy Rule 10b5-1.
After these transactions, Vizi directly holds 1,502,477 shares of RCM Technologies common stock, indicating he retains a substantial ownership stake while realizing some liquidity through a pre-established trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares ($1,500,000)
Net Sell
2 txns
Insider
Vizi Bradley
Role
Executive Chairman & President
Sold
50,000 shs ($1.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 49,860 | $30.00 | $1.50M |
| Sale | Common Stock | 140 | $30.00 | $4K |
Holdings After Transaction:
Common Stock — 1,502,477 shares (Direct)
Footnotes (1)
- Represents a nondiscretionary safe by a plan established by the Reporting Person on December 7, 2023 in a manner intended to satisfy the requirements of Rule 10b5-1. Represents the weighted average of a range of sale prices from $30.00 to $30.07. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company, or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold total: 50,000 shares
Sale price per share: $30.00 per share
Weighted average price range: $30.00–$30.07
+3 more
6 metrics
Shares sold total
50,000 shares
Open-market sales reported in Form 4
Sale price per share
$30.00 per share
Reported transaction price for common stock
Weighted average price range
$30.00–$30.07
Range of sale prices across executions
Shares held after transactions
1,502,477 shares
Direct ownership following April 16, 2026 sale
Shares sold on 2026-04-16
49,860 shares
Larger of the two reported sale dates
Shares sold on 2026-04-15
140 shares
Smaller sale preceding main transaction
Key Terms
Rule 10b5-1, open-market sale, weighted average, non-derivative, +1 more
5 terms
Rule 10b5-1 regulatory
"plan established by the Reporting Person on December 7, 2023 in a manner intended to satisfy the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"Represents the weighted average of a range of sale prices from $30.00 to $30.07."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
non-derivative financial
"transaction_type: non-derivative"
ten percent owner regulatory
"is_ten_percent_owner: 1"
FAQ
What did RCM Technologies (RCMT) insider Bradley Vizi do in this Form 4?
Bradley Vizi, Executive Chairman & President of RCM Technologies, sold 50,000 shares of common stock in open-market transactions at about $30 per share. These sales were made under a pre-established Rule 10b5-1 trading plan and he still holds over 1.5 million shares.