WHITE KELLY MICHELLE, Ten Percent Owner at Rainmaker Worldwide Inc. (RAKR), sold 2,000,000 shares on October 6, 2025, at an average price of $0.00, realizing proceeds of about ~$0.00. After the transaction, she now holds 12,514,440 shares directly; no indirect holdings reported. For retail traders, this is a neutral → slightly bearish event: Large non-cash disposition; ambiguous intent—weak bearish signal.
This appears to be a discretionary/non-compensation related disposition by a 10% owner (transaction coded as a disposition, with transactionCode G and acquiredDisposedCode D). The shares were disposed/transferred rather than retained; price reported as $0.00 indicates a non-cash transfer (e.g., gift, internal transfer, or corporate action) rather than a straightforward market sale. The sale represented roughly 13.8% of her pre-transaction holdings (2,000,000 of an implied ~14,514,440 pre-sale shares), so it is material relative to her stake and could be profit-taking or reallocation. Without live market-price context here, I cannot confirm proximity to all-time highs or lows; based on typical patterns, the timing does not appear to be an obvious opportunistic sale at an ATH or distressed sale near an ATL. Compared with many routine insider filings, this is a relatively large single disposition for a reporting person.
Decide: Neutral → Slightly Bearish
Neutral → Slightly Bearish. The filing shows a material net disposition by a 10% owner (acquired/disposed code D, transactionCode G) with a reported price of $0.00, which makes economic interpretation ambiguous. The absence of a 10b5-1 plan and the size of the transfer lean slightly bearish, but the non-cash price reporting makes the signal inconclusive. Cluster activity cannot be determined from this filing alone.
This transaction looks like routine profit-taking or a non-cash transfer rather than a definitive bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by sales from the company’s CEO, CFO, or multiple insiders.