{"schema_version":"secwatch.filing_event.v1","accession":"0001635282-26-000067","form_type":"8-K","ticker":"RMNI","cik":"0001635282","company_name":"Rimini Street, Inc.","filed_at":"2026-10-02T20:02:50+00:00","discovered_at":"2026-10-02T20:04:02.933394+00:00","generated_at":"2026-10-12T14:35:13.354914+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Rimini Street grants CRO Hershkowitz 210,084 options and 233,180 RSUs to replace equity forfeited on resignation","bullets":["Options total 210,084 shares at a $4.29 strike (Oct 1, 2026 closing price), 10-year term; the largest tranche of 100,000 vests one-third annually from Oct 1, 2027 to March 2, 2029.","RSUs total 233,180, including 100,002 vesting in full Oct 1, 2027 and 66,667 split 50% on the first anniversary and 50% on Dec 17, 2027.","Target PSU award of 32,258 units tied to FY2026 adjusted EBITDA and total revenue goals under the 2026 LTI Plan; earned units vest a third each on Oct 1, 2027, March 2, 2028 and March 2, 2029.","Awards restore shares Steven Hershkowitz forfeited when he resigned Sept 8, 2026; he was reinstated as Executive Vice President and Chief Revenue Officer effective Sept 14, 2026.","Compensation Committee approved the grants effective Oct 1, 2026; all awards require continued service and are issued under the 2013 Equity Incentive Plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001635282-26-000067","json":"https://secwatch.observer/filing/0001635282-26-000067.json","markdown":"https://secwatch.observer/filing/0001635282-26-000067.md","text":"https://secwatch.observer/filing/0001635282-26-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1635282/000163528226000067/0001635282-26-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1635282/000163528226000067/rmni-20261002.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:35:13.354914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}