Rocky Mountain Chocolate Factory RMCF Insider Ownership

NASDAQ RMCF

$0.92 -0.01 (-1.39%)

At close: Oct 20, 2026 · 4:00 PM EDT

Insider Holdings by Owner

8.51Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

66.85%

▲+4.41% pp QoQ

Shares Held by Insiders

6.28Mn

filed for Sep 2026

▲+7.07% QoQ

Shares Outstanding

9.40Mn

9,395,817 shares

Direct Holdings

2.53Mn

Indirect: 3.75Mn

Net Shares Traded (QoQ)

+414.80K

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the past 12 months, Rocky Mountain Chocolate Factory insiders bought $208,874 of stock on the open market (125.72K shares) and sold $351,288 (140K shares).

A count shows 2 insiders buying RMCF stock on the open market over the past 12 months and one insider selling.
Among Rocky Mountain Chocolate Factory's insiders, the largest open-market purchases in the past 12 months were by Jeffrey Richart Geygan (Interim CEO), totaling $147,796 (90.92K shares), most recently on October 24, 2025.
Conversely, Allen C. Harper (10% owner) was RMCF's largest open-market seller in the past 12 months, with $351,288 of sales (140K shares); the latest was on May 4, 2026.
In transactions other than open-market trades, Rocky Mountain Chocolate Factory insiders received 332.45K shares in stock awards over the past 12 months.
Business Quant data puts insider holdings in RMCF at 6.28Mn shares across insiders' latest Form 4 filings, up 7.07% from 5.87Mn shares at the end of Q2 2026 and up 11.03% from 5.66Mn shares at the end of Q3 2025.
Rocky Mountain Chocolate Factory insiders hold 2.53Mn shares directly (40.34% of their total) and 3.75Mn shares (59.66%) indirectly, through entities such as trusts and partnerships.
Per Business Quant, 13 insiders of RMCF hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
Rocky Mountain Chocolate Factory's three biggest insider holders are Jeffrey Richart Geygan (Director and 10% owner, 2.02Mn shares), Global Value Investment Corp. (10% owner, 1.98Mn shares) and American Heritage Railways, Inc. (10% owner, 860K shares), based on their latest Form 4 filings.
The largest insider, Jeffrey Richart Geygan, holds 32.17% of RMCF's insider total.
Institutions accounted for 8.29% of RMCF's outstanding shares in Q2 2026, insiders about 66.85% per their latest Form 4 filings, and other investors, including the public, about 24.86%.
Over the trailing 12 months, 9 insiders reported transactions in RMCF stock across 33 Form 4 filings.
These insider figures for Rocky Mountain Chocolate Factory are based on Form 4 filings through September 22, 2026.

Form 4 Holdings

Insiders Holding RMCF

Insiders 26

Shares held 8.51Mn

Of outstanding 90.54%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Value Investment Corp. Global	TenPercentOwner	0	3,938,227	3,938,227	46.3%	22 Jan, 2026
2	Jeffrey Richart Geygan	Interim Ceo	244,563	1,775,873	2,020,436	23.7%	09 Sep, 2026
3	Heritage Railways, Inc. American	TenPercentOwner	860,000	0	860,000	10.1%	08 May, 2026
4	Bradley Louis Radoff	TenPercentOwner	450,148	0	450,148	5.3%	25 Oct, 2024
5	Steven Lynn Craig	Director	364,289	0	364,289	4.3%	03 Sep, 2026
6	Allen C Harper	Interim Ceo	124,519	0	124,519	1.5%	13 Jul, 2026
7	Carrie E Cass	Cfo	124,263	0	124,263	1.5%	05 Mar, 2026
8	Melvin L Keating	Director	110,079	0	110,079	1.3%	22 Sep, 2026
9	Brian J Quinn	Director	105,961	0	105,961	1.2%	22 Sep, 2026
10	Bryan J Merryman	Ceo/Cfo Treasurer	100,000	0	100,000	1.2%	14 Feb, 2022
11	Jacome Friscione Alberto Perez	Director	86,016	0	86,016	1.0%	22 Sep, 2026
12	Robert J Sarlls	Chief Executive Officer	37,130	0	37,130	0.4%	22 Nov, 2023
13	Mark O Riegel	Director	35,180	0	35,180	0.4%	28 Oct, 2024
14	Brett P Seabert	Director	22,914	0	22,914	0.3%	16 Nov, 2023
15	A Allen Arroyo	Cfo	19,645	0	19,645	0.2%	16 Nov, 2023
16	Starlette B Johnson	Interim Ceo	18,658	0	18,658	0.2%	28 Oct, 2024
17	Andrew Berger	Other	17,658	0	17,658	0.2%	16 Jun, 2022
18	Donna L. Coupe	Vp Franchise Support	14,800	0	14,800	0.2%	18 Jan, 2022
19	Ryan R Mcgrath	Vp Of It	12,000	0	12,000	0.1%	31 Jan, 2022
20	Sandra E Taylor	Director	11,183	0	11,183	0.1%	04 Jan, 2023
21	Gabriel Arreaga	Director	11,183	0	11,183	0.1%	04 Jan, 2023
22	Richard Scott Ouellet	Sr Vp Manufacturing And Supply	7,393	0	7,393	0.1%	19 Sep, 2023
23	Andrew Ford	Vp Sales And Marketing	6,004	0	6,004	0.1%	20 Mar, 2024
24	Elisabeth B Charles	Director	4,543	0	4,543	0.1%	14 Feb, 2022
25	Charles B Arnold	Director	4,152	0	4,152	0.0%	28 Oct, 2024
26	Kara L Conklin	Vp Franchise Development	800	0	800	0.0%	16 Nov, 2023

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

586 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
22 Sep, 2026	Melvin L Keating	Director	Acquired A	7,000	$0.00	$0	110,079	Direct
22 Sep, 2026	Jacome Friscione Alberto Perez	Director	Acquired A	7,000	$0.00	$0	86,016	Direct
22 Sep, 2026	Brian J Quinn	Director	Acquired A	7,000	$0.00	$0	105,961	Direct
31 Aug, 2026	Jeffrey Richart Geygan	Director, TenPercentOwner	Acquired A	3,900	—	—	188,941	Direct
01 Sep, 2026	Jeffrey Richart Geygan	Director, TenPercentOwner	Acquired A	55,622	—	—	244,563	Direct
09 Sep, 2026	Jeffrey Richart Geygan	Director, TenPercentOwner	Disposed J	16,605	—	—	1,775,873	Indirect
01 Sep, 2026	Brian J Quinn	Director	Acquired A	55,622	$0.00	$0	98,961	Direct
01 Sep, 2026	Melvin L Keating	Director	Acquired A	55,622	$0.00	$0	103,079	Direct
01 Sep, 2026	Jacome Friscione Alberto Perez	Director	Acquired A	55,622	$0.00	$0	79,016	Direct
01 Sep, 2026	Steven Lynn Craig	Director	Acquired A	55,622	$0.00	$0	364,289	Direct
26 Aug, 2026	Melvin L Keating	Director	Acquired A	7,000	$0.00	$0	47,457	Direct
26 Aug, 2026	Jacome Friscione Alberto Perez	Director	Acquired A	7,000	$0.00	$0	23,394	Direct
26 Aug, 2026	Brian J Quinn	Director	Acquired A	7,000	$0.00	$0	43,339	Direct
08 Jul, 2026	Allen C Harper	Interim Ceo	Acquired A	107,399	$0.00	$0	124,519	Direct
01 May, 2026	Heritage Railways, Inc. American	TenPercentOwner	Disposed S	35,900	$2.45	$87.96K	910,000	Direct
01 May, 2026	Allen C Harper	TenPercentOwner	Disposed S	35,900	$2.45	$87.96K	910,000	Indirect
04 May, 2026	Allen C Harper	TenPercentOwner	Disposed S	50,000	$2.45	$122.50K	860,000	Indirect
04 May, 2026	Heritage Railways, Inc. American	TenPercentOwner	Disposed S	50,000	$2.45	$122.50K	860,000	Direct
19 Feb, 2026	Heritage Railways, Inc. American	TenPercentOwner	Disposed S	2,000	$2.62	$5.24K	998,000	Direct
19 Feb, 2026	Allen C Harper	TenPercentOwner	Disposed S	2,000	$2.62	$5.24K	998,000	Indirect

Showing 1 to 20 of 586 transactions