R F INDUSTRIES LTD
For the period ended Apr 30, 2025. Filed Jun 16, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2025 · Filed Jun 16, 2025
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Item 5. Other Information
Insider Trading Arrangements
During the quarterly period ended April 30, 2025, no director or officer adopted or terminated any Rule 10b5-1 trading arrangement, and/or any non-Rule 10b5-1 trading arrangement (as such terms are defined pursuant to Item 408 of Regulation S-K).
Salary Increase
In connection with the promotion of Ray Bibisi to the Company’s President and Chief Operating Officer, the Board of Directors of the Company (the “Board”), based upon the recommendation of the Compensation Committee of the Board, approved a salary increase for Ray Bibisi from $275,000 to $300,000 effective May 1, 2025.
There is no arrangement or understanding with any person pursuant to which Mr. Bibisi was appointed President or in connection with his salary increase. There are no family relationships between Mr. Bibisi and any director or executive officer of the Company, and Mr. Bibisi is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
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