Kevin D. Miller - 08 Jan 2024 Form 4 Insider Report for RCM TECHNOLOGIES, INC. (RCMT)

Role
CFO
Signature
/s/ Kevin D. Miller
Issuer symbol
RCMT
Transactions as of
08 Jan 2024
Net transactions value
-$44,800
Form type
4
Filing time
10 Jan 2024, 16:47:52 UTC
Previous filing
21 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCMT Common Stock Sale $44,800 -1,400 -0.31% $32.00 453,600 08 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents a nondiscretionary sale by a plan established by the Reporting Person on May 19, 2022, in a manner intended to satisfy the requirements of Rule 10b5-1.