Rimini Street, Inc. (RMNI) 8-K Current Report: March 3, 2026
Filed: March 3, 2026
Information Technology
Services-Business Services, NECRimini Street, Inc. (RMNI) 8-K current report filed with SEC EDGAR on March 3, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
Rimini Street, Inc. 8-K Mar 3, 2026 Event Analysis
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
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