FIELDS RANDALL K 4

What Happened

• Randall K. Fields, CEO of ReposiTrak, sold 4,000 shares (transaction code S) in open-market trades on March 12, 2026. The weighted-average price reported was $8.06 per share, for total gross proceeds of $32,240. The Form 4 discloses the shares were sold in multiple transactions at prices between $7.91 and $8.17.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16).
• Price: weighted-average $8.06; individual trades ranged $7.91–$8.17 (footnote F2).
• Total proceeds: $32,240.
• Method: open-market sale executed pursuant to a Rule 10b5-1 trading plan adopted by Fields in his capacity as Trustee of the 2022 RK Fields Charitable Remainder Unitrust (footnote F1) to satisfy charitable commitments.
• Shares owned after the transaction: not disclosed in the excerpt provided (see the full Form 4 for post-transaction holdings).
• Timeliness: filing date (Mar 16) follows the Mar 12 transaction and was filed within the typical Form 4 reporting window.

Context

• The sale was executed under a pre-established 10b5-1 plan, which typically means trades are automatic under a prior arrangement and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases are generally more indicative of insider conviction than routine, pre-planned sales; this appears to be a charitable-planned disposition rather than an opportunistic market-timing sale.