Seller for AIR (ticker: AIR) files Rule 144 to sell 101,398 shares
Rhea-AI Filing Summary
A shareholder in the issuer for ticker AIR has filed a notice to sell 101,398 shares of common stock under Rule 144 through Morgan Stanley Smith Barney. The planned sale has an indicated aggregate market value of $9,375,451.32 and is targeted around 01/07/2026 on the NYSE. The shares come from restricted stock that vested under a registered plan between 2019 and 2025 and from an option exercise on 01/07/2026 paid in cash. The filing notes that there were 39,572,508 common shares outstanding at the time referenced, providing context for the size of this planned sale.
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FAQ
How many AIR common shares are planned to be sold under this Rule 144 notice?
The notice covers the planned sale of 101,398 shares of common stock of the issuer associated with ticker AIR.
What is the aggregate market value of the AIR shares planned for sale?
The filing lists an aggregate market value of $9,375,451.32 for the 101,398 common shares to be sold.
When is the approximate sale date for the AIR shares under Rule 144?
The approximate date of sale stated in the notice is 01/07/2026.
Which broker is handling the planned sale of AIR shares?
The broker named for the planned Rule 144 sale is Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, 8th Floor, New York, NY 10004.
How were the AIR shares being sold under Rule 144 originally acquired?
The shares were acquired mainly through restricted stock vesting under a registered plan between 2019 and 2025, and through an exercise of options under a registered plan on 01/07/2026, with payment described as services rendered or cash.
How many AIR common shares were outstanding according to this notice?
The notice reports that 39,572,508 shares of common stock were outstanding for the issuer at the referenced time.
What representation does the selling shareholder make in this Rule 144 notice for AIR?
The person for whose account the securities will be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.