{"url_path":"/sec/rsss/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1386301/0001104659-26-062450-index.html","accession_number":"0001104659-26-062450","cik":"0001386301","ticker":"RSSS","issuer_name":"Research Solutions, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1386301/0001104659-26-062450-index.html","primary_entity_key":"0001386301","primary_entity_name":"Research Solutions, Inc."},"word_count":533,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\nEffective as of March 19, 2024, the Compensation Committee of our board of directors authorized the repurchase, on the last day of each trading window during which the outstanding awards remain outstanding and otherwise in accordance with our insider trading policies, of an aggregate value not exceeding $750,000 (the “Repurchase Cap”), in addition to the prior remaining balance of outstanding common stock of $330,774 (at prices no greater than $4.00 per share) (the “Repurchase Price Cap”)) from our employees to satisfy their tax obligations in connection with the vesting of stock incentive awards through the end of fiscal year 2025. Effective as of December 19, 2024, the Compensation Committee of our board of directors authorized an increase in the Repurchase Cap to an aggregate value not exceeding $1,500,000 and the Repurchase Price Cap to a price no greater than $5.50 per share. Effective as of May 6, 2025, the Compensation Committee of our board of directors authorized the repurchase of shares of common stock in satisfaction of tax withholding obligations at any time during a trading window during which outstanding awards remain outstanding and otherwise in accordance with our insider trading policies. The actual number of shares repurchased will be determined by applicable employees in their discretion and will depend on their evaluation of market conditions and other factors. As of June 30, 2025, $162,316 remained under the current authorization to repurchase our outstanding common stock from our employees.\n\nDuring the three months ended March 31, 2026, we repurchased 3,349 shares of our common stock from employees at an average market price of approximately $2.34 per share for an aggregate amount of $7,836. As of March 31, 2026, $114,931 remains under the current authorization to repurchase our outstanding common stock from our employees.\n\nDuring the three months ended March 31, 2025, we repurchased 246,707 shares of our common stock from employees at an average market price of approximately $2.85 per share for an aggregate amount of $703,115. As of March 31, 2025, $188,500 remained under the current authorization to repurchase our outstanding common stock from our employees.\n\n38\n\n[Table of Contents](#TOC)\n\nShares repurchased are retired and deducted from common stock for par value and from additional paid in capital for the excess over par value. Direct costs incurred to acquire the shares are included in the total cost of the shares.\n\nThe following table summarizes repurchases of our common stock on a monthly basis:\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n**  ​ ​ ​**\n\n​\n\n**  ​ ​ ​**\n\n​\n\n​\n\n**  ​ ​ ​**\n\n**Approximate Dollar Value**\n\n​\n\n​\n\n**Total Number**\n\n​\n\n**Average**\n\n​\n\n**of Shares that May Yet Be**\n\n​\n\n​\n\n**of Shares**\n\n​\n\n**Price Paid**\n\n​\n\n**Purchased Under the **\n\n**Period**\n\n​\n\n**Purchased**1\n\n​\n\n**per Share**\n\n​\n\n**Plans or Programs**\n\nJanuary 1-31, 2026\n\n \n\n—\n\n \n\n​\n\n—\n\n \n\n$\n\n122,767\n\nFebruary 1-28, 2026\n\n \n\n—\n\n \n\n​\n\n—\n\n \n\n$\n\n122,767\n\nMarch 1-31, 2026\n\n \n\n3,349\n\n​\n\n$\n\n2.34\n\n \n\n$\n\n114,931\n\nTotal\n\n \n\n3,349\n\n​\n\n$\n\n2.34\n\n \n\n \n\n—\n\n1 Consists of shares of common stock purchased from an employee to satisfy tax obligations in connection with the vesting of stock incentive awards.\n\n​\n\n​\n\n​"}