---
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"
generated_at: "2026-10-12T14:35:13.354914+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Rimini Street grants CRO Hershkowitz 210,084 options and 233,180 RSUs to replace equity forfeited on resignation

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-26-000067
- JSON: https://secwatch.observer/filing/0001635282-26-000067.json
- Plain text: https://secwatch.observer/filing/0001635282-26-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.