{
  "id": 9425358,
  "title": "Rimini Street EVP David Rowe sells $21,294 in tax-related stock",
  "url": "https://urgent.news/2026/09/23/rimini-street-evp-david-rowe-sells-21-294-in-tax-related-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T22:16:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/rimini-street-evp-david-rowe-sells-21294-in-taxrelated-stock-93CH-4914140"
  },
  "original_language": "en",
  "account": null,
  "summary": "Rimini Street's Executive Vice President and Chief Marketing Officer, David Rowe, sold 4,884 shares of the company's common stock for a total of $21,294 on September 21, 2026. The shares were sold automatically to cover withholding tax obligations related to the vesting of Restricted Stock Units, following the company's established policy. Despite Rimini Street's stock experiencing a decline of 3.8% over the past week, it has seen a strong 32.7% gain over the past six months. The sale comes after Rowe acquired 13,333 shares of common stock through the vesting of RSUs on September 20, 2026, which represent a contingent right to receive one share of common stock upon vesting. Following this transaction, Rowe directly holds 506,568 shares of Rimini Street common stock and also holds 13,334 Restricted Stock Units.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}