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ADV (ADV) affiliate plans NASDAQ sale of 65,796 Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of ADV has filed a notice to sell 65,796 Class A shares on or about 02/03/2026 through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $65,170.94.

These shares were acquired from the issuer on 02/02/2026 through restricted stock vesting as compensation. The notice states that the filer does not know of any undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the ADV Form 144 filing disclose about planned share sales?

The filing discloses a planned sale of 65,796 Class A shares of ADV. These shares have an aggregate market value of $65,170.94 and are expected to be sold on or about 02/03/2026 through Fidelity Brokerage Services on the NASDAQ exchange.

How were the ADV shares being sold under Form 144 originally acquired?

The ADV shares were acquired on 02/02/2026 through restricted stock vesting from the issuer. The filing classifies the nature of payment as compensation, indicating the shares were granted as part of a compensation arrangement rather than purchased for cash in the market.

What is the market value and class of ADV securities covered by this Form 144?

The notice covers Class A common shares of ADV with an aggregate market value of $65,170.94. A total of 65,796 shares are planned for sale through Fidelity Brokerage Services LLC, with trading expected to take place on the NASDAQ exchange.

When are the ADV shares in the Form 144 expected to be sold?

The filing lists an approximate sale date of 02/03/2026 for the ADV shares. The broker named is Fidelity Brokerage Services LLC, and the shares are intended to be sold on the NASDAQ, subject to market conditions and applicable securities rules.

What representation does the ADV Form 144 filer make about material information?

By signing the notice, the filer represents they do not know any material adverse information about ADV’s current or prospective operations that has not been publicly disclosed. This representation is a standard part of the Rule 144 notice process.

How many ADV shares are outstanding relative to the amount in this Form 144?

The filing reports that 326,271,915 shares of ADV are outstanding. The planned sale involves 65,796 shares, which is a small portion of the total, providing context for the relative size of the proposed transaction.
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