Rimini Street CPO Rowe sells $22,626 in shares

Rimini Street (NASDAQ:RMNI) Chief Product Officer, Chief Marketing Officer & Executive Vice President of Global Transformation, David W. Rowe, sold 4,868 shares of common stock on September 22, 2025, at a price of $4.6481, for a total value of $22,626.

On the same day, Rowe also exercised options on 13,333 shares of common stock at a price of $0. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer’s Common Stock upon vesting.

Reported transaction is an automatically-triggered "sell-to-cover" transaction related to the payment of withholding tax obligations pursuant to the Issuer’s policy for tax withholdings associated with Performance Unit vesting events. The Reporting Person did not initiate the sale.

On September 20, 2024, the Reporting Person was granted 40,000 Restricted Stock Units, one-third of which vested on September 20, 2025 (with an effective transaction date of Monday, September 22, 2025). The remaining two-thirds vest ratably on September 20, 2026, and September 20, 2027, 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.

In other recent news, Rimini Street , Inc. has been active with several strategic partnerships and developments. The company announced a partnership with Korean Broadcasting System (KBS) to support its SAP ECC 6.0 system, allowing KBS to redirect resources towards artificial intelligence initiatives. This move is expected to cut KBS’s annual software maintenance fees by 50%. Additionally, Rimini Street has teamed up with American Digital to offer enterprise software support solutions, aiming to reduce software maintenance costs for North American clients by up to 90%.

Rimini Street has also secured a contract with the United States General Services Administration (GSA), enabling government agencies to procure its support services for Oracle, SAP, and VMware software at a reduced cost. This GSA contract approval simplifies the procurement process for government entities. Furthermore, Suntory has expanded its collaboration with Rimini Street to develop a mobile application for its wellness division, utilizing Rimini Consult to build the app named "Comado."

These developments reflect Rimini Street’s ongoing efforts to provide cost-effective software support solutions across various sectors.

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