Short answer
Rimini Street, Inc. (RMNI) filed an 8-K current report with the SEC on March 3, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). CEO Ravin granted $2.64M targeted LTI; CFO Perica $1M; other NEOs $300K each: all at $3.72/share strike (March 2, 2026).
Rimini Street, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CEO Ravin granted $2.64M targeted LTI; CFO Perica $1M; other NEOs $300K each: all at $3.72/share strike (March 2, 2026)
- Award mix: Ravin 50% PSU/30% RSU/20% options; other NEOs 40%/40%/20%, heavier performance weighting for CEO
- PSUs tied to 2026 Adjusted EBITDA and total revenue targets; payout ranges 0–200% of target, earned units vest over 3 years
- RSUs and stock options vest in equal annual thirds over 3 years from grant date
- Change-of-control protection for non-CEO NEOs: accelerated vesting if terminated without cause or resign for good reason within 24 months post-CoC
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Rimini Street, Inc. 8-K filings
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