STOCK TITAN
  1. Home
  2. Sec-filings
  3. ALMU
  4. [144] Aeluma, Inc. SEC Filing

Aeluma (ALMU) director to sell 25,000 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Aeluma, Inc. (ALMU) received a notice under Rule 144 that director Steven DenBaars plans to sell 25,000 shares of Aeluma common stock through broker Merrill Lynch. The shares were acquired on February 5, 2021 via an Incentive Stock Option exercised for cash and are being sold pursuant to a Rule 10b5-1 trading plan. The notice lists an approximate sale date of August 26, 2026 and reports 18,305,335 shares of common stock outstanding.

Positive

  • None.

Negative

  • None.
Shares to be sold 25,000 shares Planned sale of Aeluma common stock by director under Rule 144
Aggregate market value of securities to be sold 347,000 Reported in the securities information section for the 25,000 shares
Shares outstanding 18,305,335 shares Number of Aeluma common shares outstanding listed in the notice
Shares acquired via ISO 25,000 shares Amount of common stock acquired on February 5, 2021 via Incentive Stock Option
Date of acquisition 02/05/2021 Acquisition date for the 25,000 shares to be sold
Approximate date of sale 08/26/2026 Approximate date of sale listed for the Rule 144 transaction
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 plan regulatory
"Remarks | selling per 10b5-1 plan"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
Incentive Stock Option financial
"Common | 02/05/2021 | ISO | Issuer"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.

FAQ

What does the Form 144 filing disclose for Aeluma, Inc. (ALMU)?
It discloses that director Steven DenBaars has filed a Rule 144 notice to sell 25,000 shares of Aeluma common stock through Merrill Lynch, with an approximate sale date of August 26, 2026, under a pre-arranged Rule 10b5-1 trading plan.

How many Aeluma (ALMU) shares is Steven DenBaars planning to sell?
The notice states that 25,000 shares of Aeluma common stock are planned to be sold. These shares were originally acquired on February 5, 2021 through an Incentive Stock Option exercised for cash.

When were the Aeluma (ALMU) shares being sold by Steven DenBaars acquired?
The filing reports that the 25,000 shares to be sold were acquired on February 5, 2021 via an Incentive Stock Option (ISO), acquired from the issuer and paid for in cash.

What is the reported share count outstanding for Aeluma (ALMU) in this Form 144?
The Form 144 lists 18,305,335 shares of Aeluma common stock outstanding. This figure is presented in the securities information section as the number of shares or other units outstanding.

Is the planned sale of Aeluma (ALMU) shares under a trading plan?
Yes. The remarks state the shares are being “selling per 10b5-1 plan”, indicating that the 25,000-share sale by director Steven DenBaars is pursuant to a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

Source: View Original Filing on SEC EDGAR