Rimini Street, Inc. filings document formal disclosures for an operating company that sells enterprise software support, managed services and Agentic AI ERP innovation solutions. Recent Form 8-K reports cover quarterly and annual financial results, Regulation FD investor presentations, amendments to the company’s credit agreement and related capital-allocation flexibility.
Proxy and governance filings address board and shareholder matters, executive compensation, equity incentive awards under the company’s long-term incentive programs and pay-versus-performance disclosures. Other material-event reports document officer role changes and compensatory arrangements involving performance units, restricted stock units and stock options.
Rimini Street, Inc. President, CEO & Chairman Seth A. Ravin reported a mix of equity vesting and related share sales. On May 6, 2026, he exercised performance units and restricted stock units that delivered 142,509 shares of common stock. To cover withholding tax obligations tied to these vesting events, an aggregate of 57,097 shares was sold in automatically triggered "sell-to-cover" transactions at about $3.94 per share, and the footnotes state that he did not initiate these sales. Following these transactions, he also reports indirect ownership of 10,491,309 shares of common stock through the SAR Trust.
Rimini Street, Inc. EVP & Chief Financial Officer Michael L. Perica reported a mix of automatic tax-related sales and equity vesting transactions. On May 6, 2026, broker-assisted “sell-to-cover” transactions disposed of 27,737 shares of common stock at an average price of $3.9356 per share to satisfy withholding tax obligations; the footnotes state he did not initiate these sales.
The same day, he exercised or converted 69,095 performance units and restricted stock units into common stock at a conversion price of $0.0000 per unit. Following these transactions, he directly held 185,600 shares of common stock. The underlying awards stem from a grant of 161,943 restricted stock units and 45,344 earned performance units, with one-third tranches vesting on May 6 of 2025, 2026, and 2027, subject to continued service.
Rimini Street, Inc. executive David W. Rowe reported routine equity compensation activity. On May 6, 2026, he exercised and converted a total of 20,728 Performance Units and Restricted Stock Units into Common Stock at a conversion price of $0.00 per share.
To cover withholding tax obligations tied to these vesting events, an automatically triggered sell-to-cover arrangement sold 7,485 shares of Common Stock in open-market transactions at an average price of about $3.9356 per share. Footnotes state that these sales were initiated under the company’s tax-withholding policy, not by the executive personally.
Rimini Street, Inc. executive Kevin Maddock, EVP and Chief Recurring Revenue Officer, reported vesting of restricted stock units and performance units on May 6, 2026. A total of 20,728 shares of common stock were acquired through automatic conversion of these awards.
In connection with the vesting, 7,485 shares of common stock were automatically sold at $3.9356 per share in sell-to-cover transactions to satisfy withholding tax obligations under the company’s policy. The footnotes state that Maddock did not initiate these sales.
Rimini Street EVP & Chief Client Officer Nancy Lyskawa reported a combination of vesting-related share acquisitions and automatic tax-related sales of Rimini Street, Inc. common stock. On May 6, 2026, she acquired 20,728 shares through the vesting and conversion of Restricted Stock Units and Performance Units, and 5,995 shares were automatically sold in open-market transactions to cover withholding tax obligations under the company’s policies. The footnotes state that these sell-to-cover transactions were automatically triggered and not initiated by her.
Rimini Street, Inc. Executive Vice President and Chief Financial Officer Michael L. Perica executed an open-market sale of 51,246 shares of Common Stock at $4.00 per share. The sale, worth roughly $205K, was carried out automatically under a pre-arranged Rule 10b5-1 trading plan adopted on June 2, 2025. After this transaction, he directly holds 116,505 shares, indicating he retained a substantial portion of his prior stake.
Rimini Street, Inc. executive vice president and chief revenue officer Steven Hershkowitz converted 99,999 Restricted Stock Units into common stock and had 24,884 shares of common stock sold at $3.8743 per share in an automatically triggered sell-to-cover transaction for withholding taxes. The filing notes he did not initiate the sale. Following these transactions, he directly holds 186,992 shares of Rimini Street common stock. The RSUs stem from a 300,000-unit grant made on April 30, 2024, with one-third vesting on April 30, 2025, one-third on April 30, 2026, and the remaining one-third scheduled to vest on April 30, 2027, subject to continued service.
RMNI notice under Rule 144: a reporting person filed to sell Restricted and Performance Common Shares through Morgan Stanley Smith Barney LLC. The filing lists 51,246 shares associated with the proposed sale (02/03/2025). The filing also reports recent open-market sales by Michael Perica of $94,902.67 on 04/09/2026 (28,330 shares), $90,629.64 on 03/06/2026 (24,879 shares), and $11,676.72 on 03/04/2026 (3,140 shares).
Rimini Street, Inc. reported fiscal 2025 results showing $421.5 million in revenue, 60.4% gross margin and $37.1 million net income for the year ended December 31, 2025. The company finished the year with $120.0 million in cash and a record Remaining Performance Obligations backlog of $652.9 million. During 2025 Rimini repurchased ~1.9 million shares and reduced outstanding loans by $18.8 million; after a $10.9 million principal payment in Q1 2026 the term loan principal was $58.4 million as of March 31, 2026. The filing states ~3,100 active clients, ~1,980 employees and 91,664,000 shares outstanding as of February 17, 2026. Management highlights the Rimini Smart Path and the December 2025 launch of Rimini Agentic UX as strategic priorities for Agentic AI ERP-driven growth.
Rimini Street, Inc. is asking stockholders to vote at its 2026 annual meeting, a virtual-only audio webcast on June 3, 2026 at Noon Pacific. Holders of 92,556,379 shares of common stock outstanding as of April 15, 2026 may attend and vote.
Stockholders will elect three Class III directors to terms running to the 2029 meeting, cast an advisory “say-on-pay” vote on executive compensation, and vote on ratifying KPMG LLP as independent auditor for the fiscal year ending December 31, 2026. The Board unanimously recommends voting FOR all three proposals.
The proxy also describes Rimini Street’s classified board structure, governance practices, ethics and compliance framework, ESG oversight and human capital initiatives, including programs supporting wellbeing, veterans and breast cancer survivors.