Former Richtech Robotics Inc. (NASDAQ: RR) officer Matthew G. Casella sold 12,500 shares of the company’s Class B common stock on February 19, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares changed hands at $2.68 each, producing a total transaction value of $33,500.
The filing states the sale was executed pursuant to Rule 144. After completing the disposition, Casella reported no remaining holdings in Richtech Robotics.
At the time of the filing, the stock was trading at $2.65 and had fallen 6.7% over the previous week, per InvestingPro data. An InvestingPro tip attached to the filing highlighted that the stock typically exhibits high price volatility and noted that the company’s earnings report is scheduled in five days. The tip also referenced additional paid content that provides further ProTips and detailed financial metrics for subscribers.
Separately, Richtech Robotics has been advancing a corporate restructuring designed to organize the business into three strategic pillars: commercial robotics, industrial robotics, and data services. In the first quarter of fiscal 2026, the company recorded $0.3 million in Robots-as-a-Service revenue, which it said represented a 31% increase from the prior year.
Richtech also closed a private placement of 8,500,000 shares of Class B common stock, raising approximately $38.7 million in gross proceeds, according to company disclosures. The fundraising sits alongside an announced collaboration with Microsoft through the Microsoft AI Co-Innovation Labs, described by Richtech as an effort to advance agentic artificial intelligence capabilities within its robotic systems.
However, a report from Hunterbrook challenged the nature of that Microsoft engagement, suggesting the tie-up may be a standard customer relationship without a commercial component, in contrast to earlier perceptions. That scrutiny came after Richtech’s stock experienced a notable uptick earlier in the week.
These items - insider selling, the ongoing restructuring, reported year-over-year growth in a specific revenue line, the capital raise, and questions over the Microsoft collaboration - are unfolding as Richtech Robotics seeks to expand its revenue mix and enhance its technology offerings.